Business Leaders

Sanjiv Goenka: Lucknow Super Giants Owner

Sanjiv Goenka is a man of many talents. From building up a successful group of companies to becoming the owner of IPL team Lucknow Supergiant. He has achieved success in every venture he has taken on. He is a prominent businessman who serves as the Chairman of the RPSG (Rama Prasad Sanjiv Goenka) Group which is a bifurcation of RPG group, one of the largest and most respected business houses in India.

Goenka’s business acumen and leadership skills have been instrumental in building his business empire. He has built a network of companies spanning different sectors, including retailing, IT services, sports, and media.

The Origin of Sanjiv Goenka and the RPSG Group of Companies 

RPSG Group was formed in 2010-11 when Goenka’s father, the late Rama Prasad Goenka, divided the family business between his elder son Harsh and his younger son Sanjiv. Harsh Goenka is the CEO of the Mumbai-based RPG Group, while Sanjiv Goenka is the CEO of the RPSG Group. Established as one of the most influential businessmen in India, Sanjiv earned himself a place alongside some of the biggest names in the business world.

Sanjiv’s journey of taking the company forward as the chairperson of the RPSG group is an inspiring one. From inheriting a business from his father to creating a business empire, Goenka has gone from strength to strength.

Today, RPSG Enterprises is at the forefront of technology-driven businesses in India across diverse sectors such as IT & ITES, dairy products & beverages, infrastructure & logistics services, and retail stores & showrooms. In his endeavor to diversify his portfolio further, in 2016 Sanjiv Goenka acquired the Pune-based IPL team Rising Pune Supergiant (RPSG).

Sanjiv Goenka IPL Team: Rising Pune Supergiants and Lucknow Supergiants

Sanjiv Goenka has contributed to India’s growing pro sports culture, with his ownership of the Rising Pune Supergiants (2016-17) and Lucknow Supergiants (2022-Present) in the Indian Premier League (IPL).

Ever ambitious, he ventured into sports ownership by becoming one of the founding owners of Rising Pune Supergiant, an Indian Premier League (IPL) cricket team that launched under his banner in 2015. For a staggering Rs 7,090 crore, the RP-Sanjiv Goenka Group, which previously managed the Rising Pune Supergiant team in the 2016 and 2017 IPL seasons, purchased the rights to the Lucknow franchise in October 2022.

Sanjiv Goenka’s Contribution to the Education Sector 

Apart from the IT, sports, and retail industries, there is another sector effectively impacted by Sanjiv Goenka, education. Over the years, he has established several educational institutions, ranging from primary and secondary schools, International Management Institute, and Firstsource – to prestigious universities. Sanjiv Goenka has been nominated as the Chairperson of the Board of Governors of the Indian Institute of Technology, Kharagpur by the Honourable President of India.

His visionary approach has made it possible to develop high-quality educational facilities across the nation. He is dedicated to technological advancement and has created an environment that promotes research and innovative learning experiences through online resources.

One of his primary goals is to make quality education accessible to all students regardless of their socioeconomic background. He has established numerous scholarship programs which allow students from underserved areas to gain access to advanced learning opportunities. He also created residential facilities for students living in underserved communities who may not have access to or resources for quality housing.

By providing these experiences, Sanjiv Goenka Group companies have truly made a lasting impression in the education sector and demonstrated their commitment to producing quality education available for all.

Awards and Recognition That Sanjiv Goenka Has Received 

The Rising Pune Supergiants owner has earned several awards for his work and accomplishments. He was bestowed with ET NOW’s ‘Timeless Titan Award’ in 2017, which recognizes the achievements of leading entrepreneurs in the country. He was also one of the six Indians to be conferred with the prestigious “Order of Civil Merit” award by the government of Spain in 2016.

In addition to recognition from governments, Goenka has earned several accolades from various industry associations for his performance:

  1. The ICAI Award for Excellence in corporate reporting for fiscal 2015-2016
  2. The FICCI Award for ‘Best Performing Companies’ during 2014-2015
  3. The CII Award for Excellence in Sustainability during 2014-2015
  4. EY India’s ‘Entrepreneur of the Year – Corporate Finance & Strategic Transactions’ award at Global Entrepreneur of the Year 2015
  5. ASK group’s ‘Business Leader of the Year 2015’ award
  6. CNBC TV18’s ‘Mentor of the Year – Corporate Business’ award in 2016
  7. ASSOCHAM National CSR Excellence Awards 2016 as ‘The Best in Socially Responsible Business Leader – Industrial Category’
  8. E&Y Lifetime Achievers Award – 2018
  9. RBS Live Mint Game Changer Awards 2018 – Lifetime Achievement Award

These recognitions are a testament to Goenka’s hard work and dedication to drive the growth and success of his businesses and have made him an inspiration to many aspiring business leaders across India and beyond its borders.

Conclusion

Sanjiv Goenka is an exemplary leader whose success as the chairman of RPSG Group and owner of the Rising Pune Supergiants and Lucknow Supergiants IPL teams has had a significant impact on various industries. His dedication to the world of sports, particularly through RPSG Sports, has inspired many and opened doors for aspiring athletes and professionals. Goenka’s forward-thinking approach and keen business acumen have not only propelled his ventures to new heights but also created ample opportunities for others to grow and make substantial contributions in their respective fields. As a trailblazer and visionary, Sanjiv Goenka continues to inspire and lead the way for a brighter and more prosperous future.

 

Also Read: The Rise of Hima Das, India’s Record Queen of Athletics

rahul iyer

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