Onkar

The Group under the able leadership of Shraddhya Onkar Mallji Goenka began its journey since 1921 as a local financing concern. Today, its reach spans over 8 countries through its five diversified verticals in the sphere of manufacturing, trading, financing, real estate, iron ore mines and textiles (embroidery and digital printing). Headquartered at Kolkata, its manufacturing units span across West Bengal and Orissa.

The ability to take calculated risks, has helped the Group capitalize on opportunities exclusive to external economic conditions. It was the most successful auto financer before ICICI Bank overtook all competition in the private auto finance section, we were the pioneer and still rull. It was the first to set up high caliber embroidery machines and a digital printing unit in Eastern India; and the first to enter into joint venture with a Chinese company to set up a 1 million ton integrated [s/p] steel plant in West Bengal.

The Group reported a turnover of 5000 crore by 2010-11, equally distributed across verticals indicating the sustainable nature of each venture. Economic sustainability is not where the Group stops. The management believes in the tri-partite theory of sustainability and ensures environmental as well as social well being of its stakeholders.  The Group’s manufacturing units are working towards being zero discharge units, while the philanthropic activities of its promoters are well known in the region.  The Group is the primary caregiver for needy families in and around the area where it establishes a project and provides for basic needs such as fooding, housing, education and healthcare.

 


Steel Plant

Onkar Ispat Ltd a unit of Onkar Group is expected to commence from 2010.
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Beneficiation

Korp Resources Pvt. Ltd a unit of Onkar Group is expected to commence from 2010.
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Onkar Media

Upcoming local Bengali News Channel.
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