Final journey of R P Goenka, country's 'takeover specialist'
Industrialist Rama Prasad Goenka, better known as R P Goenka, died on Sunday morning at his residence here after a brief illness, family sources said.
He was 83. He is survived by his wife Sushila and sons Harsh Vardhan and Sanjiv. (IE Photo Partha Paul)
Born on March 1, 1930, Rama Prasad Goenka, better known as R P Goenka, was the eldest son of Keshav Prasad Goenka and Rukmini Devi. R P Goenka, graduated from Presidency College in Kolkata and did his management course later from Harvard University, joined the family business. (IE Photo: Partha Paul)
R P Goenka established RPG Enterprises in 1979 which included Phillips Carbon Black, Asian Cables, Agarpara Jute Mill and Murphy India with a turnover of about Rs 100 crore.
A cavalcade carrying RP Goenka's body is covered with flowers.(IE Photo Partha Paul)
Hailing from one of the oldest business families of Kolkata, R P Goenka came to be known as the country's 'takeover specialist' who made his mark in diverse businesses, ranging from tyre to music. (IE Photo: Partha Paul)
The 'takeover specialist' acquired one large company after another during the 80s, expanding the group's footprint across several businesses - tyre, carbon black, transmission, pharmaceuticals, IT, power generation, music, etc.
The major companies included in his empire are CEAT, CESC, Spencer's Retail, Saregama, KEC International, RPG Life Sciences and ICML.
Seen in this picture, Harsh Vardhan(2nd from left) and Sanjiv Goenka (3rd from left), sons of RPG along with other family members at Keoratal Burning Ghat for the last rites of RP Goenka. (IE Photo Partha Paul)
In 1990, his sons Harsh Vardhan and Sanjiv took over as Chairman and Deputy Chairman respectively of RPG Enterprises.
Harsh Vardhan (R), son of R P Goenka with Industralist Harsh Neotia. (IE Photo Partha Paul)
Later in 2011, Sanjiv Goenka set up RP-Sanjiv Goenka Group to have his own brand identity. Harsh Goenka continued as Chairman of RPG Enterprises.
Sanjiv Goenka (back), son of RPG with Industrialist Paban Budhia at Keoratal ghat. (IE Photo Partha Paul)
R P Goenka remained Chairman Emeritus of both the groups with a combined turnover of around Rs 30,000 crore.
Harsh Vardhan (L) and Sanjiv Goenka with Industry Minister Partha Chaterjee at their residence. (IE Photo Partha Paul)