India Today

EASTERN MESSIAH

SANJIV GOENKA 57 Chairman, RP-Sanjiv Goenka Group

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Because at a time when corporate credibilit­y has hit an all-time low, the RP-Sanjiv Goenka group has grown with an enviable debt to equity ratio of 1:1.1, having expanded using internal accruals rather than bank borrowings

Because his listed companies gave investors an average return of 66 per cent in 2017. Total market capitalisa­tion of listed companies went up to Rs 20,000 crore, an addition of Rs 7,800 crore from last year

Because his company has forayed into the low calorie snacking market and Goenka is hoping to take it to 500,000 outlets in the next 15 months

Because he exerts considerab­le influence over the business policies of the West Bengal government and has been an important link between the state and the Centre

GAMECHANGE­R Having made inroads into cricket and football with Indian Premier League team Rising Pune Supergiant and Indian Super League team Atletico de Kolkata, he has partnered with India captain Virat Kohli to build a platform to support athletes with scholarshi­ps of upto Rs 2 crore

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