Sanjiv Goenka, Chairperson Of RPSG Group At India's Biggest News Eve

Sanjiv Goenka, founder and chairperson of RPSG Group, he said India is in a much better position than most other countries during the ongoing conflict between Russia and Ukraine. Goenka said that the situation during the Covid pandemic and that of current due to geo-political conflict are different. Goenka said that his company's emphasis will shift to the new-age business. "We are debt-free, we did not take debt for the retail business. We are focusing on regions where we don't need to spend on backend infrastructure," he said.Talking about competition from big conglomerates like Reliance and Amazon in the retail sector. Talking about the current situation of start-ups and the trend of opting for the initial public offering (IPO) route, Goenka said that public listing is relevant when a company starts making a profit.