Business Today

Industry condoles industrialist RP Goenka's demise

India Inc has condoled the death of noted industrialist and RP Goenka group founder Rama Prasad Goenka.

BT Online Bureau   Mumbai     Last Updated: April 15, 2013  | 12:28 IST

India Inc has condoled the death of noted industrialist and RPG group founder Rama Prasad Goenka.

Confederation of Indian Industry (CII) President Kris Gopalakrishnan said the industry body has had the benefit of the late Goenka's visionary thoughts and guidance from time to time on matters of policy and issues, which ensured that the industry always moved in a progressive way in the country.

"One of the tallest business leaders has passed away from our midst and the country has lost one of its business doyens... Goenka's erudition and knowledge was vast and helped the industry draw from his worldview," he said.

The Goenka family on Sunday said their group founder Goenka, 83, passed early this (Sunday) morning at his Kolkata residence after a brief illness. Goenka is survived by wife Sushila and sons Harsh Vardhan and Sanjiv.

Ficci President Naina Lal Kidwai termed the demise of industrialist as a deep loss for the country.

"Shri Goenka has been former President of Federation of Indian Chambers of Commerce and Industry (Ficci) and through his relentless work he helped strengthen industry's recognition in the global economy. As President of the Confederation of Asia-Pacific Chambers of Commerce and Industry he continued to strengthen India's ties with other nations...," Kidwai said.

The Goenkas are one of the oldest business families of the eastern India.

RP 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. Other major companies in his group include CESC, Ceat, Spencer's and Saregama.

In 1990, his sons Harsh Vardhan and Sanjiv took over as chairman and deputy chairman respectively of RPG Enterprises. Later in 2011, Sanjiv set up RP-Sanjiv Goenka Group to have his own brand identity. Harsh continued as chairman of RPG Enterprises.

RP Goenka remained chairman emeritus of both the groups with a combined turnover of around Rs 30,000 crore.

With inputs from PTI

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