In the year 1985, Mr. R Rajamanickam after completing his PGDBA at LIBA and undergoing his business skills training at Spence & Co identified an unmet need for heavy equipment during the then rapid industrialization period. He came up with a business plan to lease heavy equipment to Infrastructure players who were in the process of building Indian industry. He has since diversified into infrastructure services, renewable power generation, real estate development and has also taken over the mantel at Spence & Co.
Mr. Rathan holds a Bachelors of Science in Electrical and Computer Engineering, Business Administration and Economics from Carnegie Mellon University, Pittsburgh. He worked at Merrill Lynch, New York in Credit Trading Division before returning to India. He currently manages the Residential Real Estate portfolio and the group's foray into Renewable Power Generation. He also makes angel investments in US-based new technology startups through international holding companies.