RPG Enterprises

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RPG Enterprises is one of the largest conglomerates in India.[1]

Contents

[edit] Subdivisions

RPG Enterprises comprises has more than twenty companies in areas of Power, Transmission, Technology, Retail and Entertainment.[2] Some of its held companies are CEAT Tyres, KEC International, Zensar Technologies and RPG Life Sciences. The group has a turnover nearing USD$ 3 billion.

The flagship company is Ceat Pvt Ltd, a company with an annual turnover of Rs64 thousand millions.[3]

ROG Retail, another company in the group, runs hypermarkets (Giants), supermarkets (FoodWorld), and health and beauty shops (Health and Glow). Its first hypermarket was opened in Hyderabad in 2001, with its second and third opened in Mumbai and Vizag in 2004. From financial years 2002 to 2004, the company posted net losses, although its management aimed to begin producing profits by 2007.[2]

[edit] History

RPG group was founded by Ramdutt Goenka in the year 1820 in Calcutta for performing trade with British East India Company. Ramdutt Goenka came from a small town in Rajasthan.

[edit] References

  1. ^ Jeffrey E. Garten (2000). World View: Global Strategies for the New Economy. Harvard Business School Press, 20. ISBN 1578511852. 
  2. ^ a b Nitin Mehrotra. "RPG Retail", Indian Retail Sector — A Primer. ICFAI Books, 67. ISBN 8131406857. 
  3. ^ Sisara Jayasuriya and Dushni Weerakoon (2002). "Foreign Direct Investment and Economic Integration in the SAARC Region", in T. N. Srinivasan: Trade, Finance, and Investment in South Asia. Berghahn Books, 387. ISBN 818735805X. 

[edit] Further reading

  • R. K. Dwivedi (1995). Organizational Culture and Performance. M.D. Publications Pvt. Ltd, 20. ISBN 818588059X. 

[edit] External links

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