Team Rajiv (Rajiv Group), founded by first generation entrepreneur Mr. Rajiv Vastupal in 1979, is a diversified group with total revenues of Rs. 550 crore in 2010-11. The group is a leading player in the polymers, woven sack bags & fabrics, electrical cables and switchgears, light fittings and panel boards. It has an extensive global network with exports to over 10 countries.
Team Rajiv is one of the largest agency house in Gujarat for polymers and electrical switchgear. It is also one of the major producers of woven sack bags in the country.
The group’s flagship company, Rajiv Petrochemicals Pvt. Ltd., is a leader in trading of petrochemicals and polymers. It is one of the largest distributors of polypropylene and polyethylene from Haldia Petrochemicals, PVC resin and EDC from Finolex, polysterine from LG, polyester film from Jindal and many other products.
Starting with trading in electrical, switchgear, cables, petrochemicals and polymers in the early eighties, the group pursued a strategy of manufacturing of panel boards, wires & cables, light fittings as well as woven sack bags and fabrics so as to optimise the benefits of forward integration.
Group company, Atlantis Products Pvt. Ltd., has emerged as one of the largest producers of woven sack bags and fabrics in the country with significant part of its sales coming through exports to over 10 countries globally.
Other major companies include Optiflex Industries which manufactures winding wires as well as flat & flexible cables. It is an ISO 9001:2008 certified company by Bureau Veritas/UKAS for quality management system. It has also been awarded an NSIC-CRISIL rating: SE 2A for high performance. Optic Liting Pvt. Ltd. is engaged in manufacturing of lighting products like architectural fine lights, CFL down lighter, LED spot lights, street lights, outdoor lights and office lighting products. Riddhi Enterprise makes various kinds of panels required by end customers. Trading of electrical switchgear & cables made by leading players like GE Power Controls, Legrand India, HPL India, KEW and Finolex Cables is done under various group companies.
Mr. Rajiv Vastupal is currently the senior vice-president at the prestigious All India Management Association (AIMA) and is slated to become its President for a year with effect from October 01, 2011.
He served Ahmedabad Management Association (AMA) as President from 2005 to 2007 and contributed Rs. 50 lakh for building state of the art J. B. Auditorium as a farewell gesture. A generous corpus of Rs. 10 lakh has also been donated to AMA to start Rajiv Vastupal Achievers Academy, where various activities are performed like Diploma in Sales, Achievers’ Award, publications and lectures addressed by achievers.
He is the founder of Gujarat Chapter, YPO and is Membership Chair of YPO at present. He is also member of the Board of Governors at IIM, Rohtak. He is a very active member of several organisations like CII, GCCI & ASSOCHAM.