Vinod Rai Gupta

Net Worth

$4.226B

+0.25% (24h)

Vinod Rai Gupta, at the age of 80, is a prominent figure in India's business landscape, primarily known for her significant stake in Havells India, an electrical equipment manufacturing company. Her estimated net worth is $5.0 billion as of early December 2025. The source of her wealth stems from her involvement in Havells India, which was founded by her late husband, Qimat Rai Gupta, in 1958. Over the years, she has played a key role in the company's growth and expansion, transforming it into a global player in the electrical and consumer appliances sector.

The Full Dossier

Early Life

Information about Vinod Rai Gupta's early life is not readily available. However, her journey is intrinsically linked to the founding of Havells India by her late husband, Qimat Rai Gupta, in 1958. The initial venture was a trading business for electrical goods.

Rise to Success

Vinod Rai Gupta's contribution to the company's success came to the forefront after the passing of her husband. She, along with her son Anil Rai Gupta, led Havells India to diversify and consolidate its position as a leading manufacturer. Havells expanded its product range from wiring cables to fans, lighting fixtures, refrigerators, and washing machines. The company has expanded its market reach to over 50 countries, with 14 manufacturing facilities contributing to its success.

Key Business Strategies

The Gupta family's key business strategy has been focused on quality, innovation, and diversification. Havells has expanded its portfolio through acquisitions, including European lighting company Sylvania in 2007 and the consumer durables business of Lloyd Electricals in 2017.

Philanthropy

Vinod Rai Gupta is involved in various philanthropic initiatives through the QRG Foundation, focusing on education, healthcare, and community development in India.

Career Timeline

2024

Expanded product range

Launched built-in kitchen appliances such as cooktops and chimneys.

2017

Acquisition of Lloyd Electricals

Havells acquired the consumer durables business of Lloyd Electricals, expanding into the consumer electronics segment.

1971

Bought the 'Havells' brand

Qimat Rai Gupta bought the brand 'Havells' from a Delhi trader.

1958

Havells India Founded

Havells India was founded by Qimat Rai Gupta, her late husband, as an electrical trading business.