The Planet Group seeks to build economic and social value in emerging markets relentlessly. The Group’s present interests are focused on 6 industry sectors – People, Logistics, Aliment (French for Food), Nature, Energy, and Technology.
Headquartered in Singapore, the Group’s focus is to establish, nurture, develop and build value through businesses that address high-growth markets, particularly in developing countries. As a socially conscious group, we also establish and otherwise support for-profit companies that develop human and social capital in the countries we operate in.
RKHS & Consolidated Services Limited were established in the mid-60s by Mr. Radhakrishna Shete to provide marine catering and ship chandling services in India.
It had an equivalent of USD 1 billion (at PPP) in revenue, with 20000 personnel across 1700 sites and 400 client companies across all sectors, namely Healthcare, Education (Schools, Colleges, Training Establishments), Industries (Automobile, Engineering, FMCG, Pharmaceuticals, Refineries), Institutional (Offices, Executive Cafeterias), Oil & Gas (Drilling Units, Production Platforms, Construction Barges), Mining (Accommodation Camps), Construction, Defense (Peace Zones, Combat Zones). Mr. Raju Shete assumed responsibility for the Company’s business in the mid-70s, and expanded the Company’s operations into the Food, Supply Chain, People Management, Energy, and Integrated Facilities Management (IFM) industries.
RKHS was divested to Sodexo, a World Leader in Managed Services, and a company listed in Paris Stock Exchange, Mr. Raju Shete was on the board of Sodexo India for 3 years.RKHS was divested to Sodexo, a World Leader in Managed Services, and a company listed in Paris Stock Exchange, Mr. Raju Shete was on the board of Sodexo India for 3 years.
Consolidated Group, which operated in 27 countries was divested to Compass Group, an FTSE 100 company, and another World Leader in Managed Services.
We built Accor India’s voucher business in partnership with Accor S.A. to become The Largest Network in India. This business was divested to Accor S.A., a World Leader and listed company on the Paris Stock Exchange.
All businesses were built with the spirit of partnership with the respective Global Partners over the long term of almost 15 years, and continue to be successful post divesture – which brings out our Value and Inherent Strength.