Sunday, August 1, 2021
HomeBusinessHavells India Chairman Qimat Rai Gupta dies at 77

Havells India Chairman Qimat Rai Gupta dies at 77

Electrical equipment maker Havells India group chairman Qimat Rai Gupta died.

The 77-year-old Mr. 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.

Mr. Gupta recently also made it to the Forbes’billionaire list for the first time and was ranked India’s 48th richest man with a net worth of $2 billion as of September 2014.

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