rpg enterprises case
DESCRIPTION
rpg enterprisesTRANSCRIPT
RPG ENTERPRISES
IntroductionRamdutt Goenka
1830’s broker to British trading firms
RP Goenka1979 cable, carbon black
and radio companies
Sanjiv Goenka
Harsh Goenka
Jagdish Prasasd1979 textile and jute
business
Gouri Prasad1979 tea and tobacco
Keshav Prasad1963 Duncan
Timeline: Pre-Liberalization
1981 acquired CEAT tyres
1983Searle and KEC International
1984Dunlop
1988ICIM and Harrisons
Malayalam
1989CESC, Raychem Technologies, and Spencer
&co.
1990Remington
Rand
Post-liberalization
1993Core six sectors on basis of two
criteria- sufficient size and market capital 15 billion
1994JV with Rolls Royce
JV with AirtouchJV with Sprint
JV with Itochu and NTTJV with BICC
1995Disposition of Nylon tyre cord
to SRFSold off liquor and pharma
divisionsDivested Wiltech
1996Budge-Budge power plant
Local JV with Goodyear