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Qimat Rai Gupta (also known as Q R Gupta and QRG) [1] was an Indian entrepreneur, founder, former chairman and managing director of Havells, a global electrical company. Gupta was among the 100 richest Indians, [2] and on Forbes list of global billionaires. [3]
Apr 29, 2022 · Qimat Rai Gupta, former chairman of electrical equipment maker Havells India, has made it to the Forbes' billionaire list for the first time. Gupta, whose net worth was $2 billion as of September 2014, is India's 48th richest man, according to Forbes.
Havells India Limited is an Indian multinational electrical equipment company, based in Noida. It was founded by Haveli Ram Gandhi, later sold to Qimat Rai Gupta who was his distributor.
Qimat Rai Gupta. Founder Chairman & Managing Director, Havells India Ltd. Born to a lower middle-class family in the year 1937 in then undivided Punjab, Late Shri Qimat Rai Gupta’s upbringing was shaped by Indian quintessence and the teachings of the Bhagwad Gita.
Qimat Rai Gupta, was the founder chairman of Havells India Ltd. He began his business career in 1958, from the electrical market at Bhagirath Palace, Delhi as a small trader in electrical goods.
Aug 29, 2023 · Havells India’s Qimat Rai Gupta passed away at the age of 77 from a cardiac attack, he was worth approximately $2 billion at the time of his death as per Business Standard.
From beginning his career as a small trader in Delhi to building Havells, one of India’s largest electrical goods company, Qimat Rai Gupta’s story makes for an inspiring read.
Sep 24, 2014 · Gupta has made his fortune by selling switchgear in rural India and cables, lights and fans in urban India. In 2007, he acquired Germany-based Sylvania Lighting and has successfully turned around...
Qimat Rai Gupta was the former Chairman cum Managing Director of QRG Group and known brand Havells India Ltd. At present his son Anil Rai Gupta, is the Chairman cum Managing Director.
Nov 7, 2014 · The 77-year-old Gupta who started Havells and transformed it to a multinational with operations across 51 countries was known for entrepreneurial and never say die spirit, the company said in a statement.
