In his condolence message to Goenka's wife Sushila, the President said, "Goenka was an industrialist whose contribution to the establishment of various industrial and business enterprises helped in national development as well as created employment opportunities for thousands of our people."
Known as the country's 'takeover specialist', the 83-year-old industrialist passed away at his residence this morning.
Mukherjee said he knew 'Rama Babu', as he was fondly called by his friends, for many years.
"As a Member of Parliament (Rajya Sabha), he made valuable contributions in the deliberations of the House. In his death, the nation has lost a leading industrialist and a distinguished personality and I have lost a personal friend," he said.
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Goenka, an architect of the RPG Enterprises conglomerate spanning varied interests from power to music, was suffering from age-related illnesses and breathed his last at 6:00 AM.
Eldest son of Keshav Prasad Goenka, he belonged to one of the oldest business families of the city.
R P Goenka is survived by his wife Sushila and sons Harsh Vardhan and Sanjiv.