LSG owner Sanjiv Goenka's business empire: List of companies led by him

Sanjiv Goenka, the owner of IPL team Lucknow Super Giants (LSG), is a well-known business tycoon with a strong presence across several industries. As the chairman of the RPSG Group, he leads a powerful business empire that spans power, retail, sports, media, chemicals, education, and infrastructure.

With more than 50,000 employees under his leadership, LSG owner Sanjiv Goenka has built a reputation for innovation, diversification, and growth. As of March 2024, Forbes estimates his net worth at around $4 billion (Rs 34,000 crore approx.), making him one of India's richest and most influential entrepreneurs.

Let’s take a closer look at the various Sanjiv Goenka companies and the wide range of RPSG Group companies he manages.

Power & Energy: Powering Indian Cities Since 1899

Under Sanjiv Goenka’s leadership, CESC Limited, a flagship company of the RPSG Group, has been supplying electricity to Kolkata since 1899. The company also provides power to cities like Greater Noida (Uttar Pradesh), Kota, Bikaner, Bharatpur (Rajasthan), and Malegaon (Maharashtra).

The Group has a thermal power generation capacity of 2,400 MW and also invests in renewable energy, with wind and solar projects in Gujarat, Rajasthan, Madhya Pradesh, and Tamil Nadu.

Key RPSG Group companies in the power sector:

• CESC Limited
• Integrated Coal Mining Limited (ICML)
• Crescent Power Limited (CPL)
• Noida Power Company Limited (NPCL)

Chemicals: India’s Largest Carbon Black Manufacturer

Sanjiv Goenka companies also have a major footprint in the chemical industry through PCBL Limited (formerly Phillips Carbon Black Limited). It began operations in 1960 and is now India’s largest carbon black producer with plants in West Bengal, Gujarat, Kerala, and Tamil Nadu.

PCBL also exports to over 50 countries and runs cutting-edge R&D centres in India and Belgium. The company contributes to green energy by generating 122 MW of renewable power.

Other companies under this segment include:

• PCBL Limited
• Aquapharm Chemicals
• Nanovace Technologies

IT-Enabled Services: Firstsource Solutions

The RPSG Group made its mark in the IT and BPO industry with the acquisition of Firstsource Solutions, a leading Business Process Management (BPM) service provider. It caters to global clients and offers customised outsourcing solutions, helping businesses run more efficiently.

Consumer and Retail: From Snacks to Supermarkets

LSG owner Sanjiv Goenka has also made big strides in the consumer goods and retail sectors. The Group owns Spencer’s Retail, one of India’s earliest modern retail chains, and also acquired Nature’s Basket to expand its presence.

The snacking brand Too Yumm! has become a household name. The RPSG Group also owns Ayurvedic health brand Dr Vaidya’s, and several Quick Service Restaurants (QSRs) like Waffle Wallah and Biryani Battuta.

Major brands in this segment:

• Spencer’s Retail
• Nature’s Basket
• Too Yumm!
• Dr Vaidya’s
• Evita
• The Gift Studio
• Waffle Wallah
• Biryani Battuta
• 2BMe
• RPSG Capital Ventures

Media & Entertainment: Blending Legacy with Modern Content

In the media space, Sanjiv Goenka's companies include the legendary music label Saregama India Ltd, known for its vast catalogue of Indian music. The RPSG Group also owns Open Magazine, a bold voice in Indian journalism since 2009.

The Group further expanded into digital entertainment with investments in Pocket Aces, Editorji, and content studios like Yoodlee Films.

Top media brands under RPSG Group:

• Saregama India Ltd
• Open Media Network
• Pocket Aces
• Yoodlee Films
• Fortune India
• Esquire India
• Editorji
• RPSG Lifestyle Media

Sports: Creating Champions On and Off the Field

LSG owner Sanjiv Goenka has heavily invested in Indian sports. The Group first entered football in 2014 with ATK, which later merged with Mohun Bagan Super Giant, one of India’s most iconic football clubs. The club has won multiple I-League titles and continues to be a strong presence in the Indian Super League.

In cricket, the Group owned Rising Pune Supergiant (2016–17 IPL seasons), which featured legends like MS Dhoni and Steve Smith. Today, the Lucknow Super Giants (LSG), launched in 2021, is the Group’s flagship IPL team. LSG has reached the IPL playoffs in both 2022 and 2023.

RPSG Group companies in sports:

• Lucknow Super Giants (LSG) – IPL
• Durban's Super Giants (South Africa T20 league)
• Mohun Bagan Super Giant – ISL
• Rising Pune Supergiant (Former IPL team)
• RPSG Sports

Education & Infrastructure: Building the Nation’s Future

Sanjiv Goenka also leads initiatives in education and infrastructure. The Group owns Quest Mall, Kolkata’s luxury shopping destination, and Woodlands Hospital, one of the city’s oldest and most trusted medical institutions.

In education, the International Management Institute (IMI) stands as India’s first corporate-sponsored B-school. The Group also runs RP Goenka International School to nurture future leaders.

Notable entities in this sector:

• Quest Mall
• Woodlands Hospital
• International Management Institute (IMI)
• RP Goenka International School

From electricity to entertainment, Sanjiv Goenka's companies have a vast presence across sectors that shape modern India. As the chairman of one of India’s most diversified business empires, LSG owner Sanjiv Goenka continues to expand the legacy of the RPSG Group companies, creating jobs, opportunities, and a strong impact on society and the economy.

Whether it's power, retail, sports, or education – the name Sanjiv Goenka is a mark of excellence, leadership, and innovation.

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