Supratik Bhattacharyya Named Group CHRO at Adventz Group
Supratik Bhattacharyya, who previously served as Chief Talent Officer at RPG Group, has been appointed as Group Chief Human Resources Officer at Adventz Group, a Kolkata-headquartered conglomerate valued at $4 billion with business operations across engineering, infrastructure, agriculture, lifestyle, real estate, and services sectors.
Under the leadership of industrialist Saroj Poddar, Adventz operates several major companies including Zuari Industries, Texmaco Rail & Engineering, Paradeep Phosphates, Mangalore Chemicals & Fertilisers, Zuari Infraworld, and Hettich India.
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A graduate of Maastricht School of Management in the Netherlands, Bhattacharyya represents one of the rare Indian HR executives who transitioned to human resources from a profit and loss management background. Prior to his tenure at RPG, he occupied senior positions at ExxonMobil, JK Paper, and Larsen & Toubro.
Several months ago, Adventz Group formed a joint venture with Keventer Group, owned by the Jalan family, to launch multiple real estate projects throughout Calcutta and New Delhi, while simultaneously pursuing partnerships with institutional investors to expand operations and drive growth.
Both families are combining their land holdings through various entities and acquiring additional development sites. The newly formed company, Adventz Keventer Realty Private Limited, positions itself as a structured and professional development firm, aspiring to compete with established national developers from Delhi, Mumbai, Bangalore and Chennai.
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The joint venture's inaugural project, under the leadership of Mayank Jalan and Akshay Poddar, consists of a 2 million square feet tall residential complex in Rajarhat, with a premium residential development in South Calcutta to follow.
The partnership also plans to introduce two flagship developments in New Delhi by 2026, including a low-rise ultra-luxury 10-unit project in Lutyens' Delhi and a tall building just beyond the heritage area, encompassing 700,000 square feet in total.
In Calcutta, the joint venture reportedly submitted the winning bid in a National Company Law Tribunal-supervised insolvency procedure for land owned by Riverbank Developers Private Ltd in Batanagar. Upon approval from Riverbank's creditors and NCLT confirmation, the partnership could acquire rights to a 50-acre site.
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Additionally, the venture is actively negotiating with prospective vendors to acquire a 55-acre site in Rajarhat for a township development and another property on EM Bypass for hospitality and retail purposes. Industry sources indicate the joint venture is vigorously searching for additional land opportunities and positioning itself to submit proposals when government entities release plots through competitive bidding processes.