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‘The pivot has to come quicker’: Shashwat Goenka on steering RPSG through a ₹70,000-cr capex cycle
BusinessLine 11 hrs ago·7 Oct 2026, 5:09 pm
RPSG Group Vice-Chairman Shashwat Goenka has emphasized the need for a faster strategic shift to navigate a massive ₹70,000 crore investment cycle. Speaking about the company's future, he highlighted that the group must adapt quickly to changing consumer behaviors, particularly in digital spaces, and embrace green energy and artificial intelligence. This focus on modernization is crucial as the conglomerate seeks to sustain growth across its diverse portfolio.
For investors, this signals a major pivot toward long-term structural changes rather than just short-term gains. Goenka’s comments suggest that the company is preparing for a significant overhaul of its operations and expansion plans. This could mean increased spending in the near term, which might impact short-term profitability, but is aimed at securing a stronger position in a rapidly evolving market.
What to watch next is how these capital-intensive projects unfold. Investors should monitor the execution of these new initiatives and the group's ability to manage the associated financial risks. The success of this transformation will depend on how effectively RPSG integrates these new technologies and sustainable practices into its core business model.
Excerpt from BusinessLine
As artificial intelligence, quick commerce and the energy transition disrupt established business models, Shashwat Goenka, the youngest scion of the RP-Sanjiv Goenka (RPSG) Group and its Vice-Chairman, is helping steer businesses as varied as CESC and Purvah Green Power in energy, PCBL Chemical, Firstsource Solutions,…Read the original at BusinessLine
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