V inod Rai Gupta is the matriarch of the family behind Havells India, one of the country's leading electrical equipment manufacturers. She derives her wealth from a significant shareholding in the company, which was founded by her late husband, Qimat Rai Gupta, in 1958. Starting as a modest electrical trading shop in Delhi, Havells has evolved into a multinational power equipment giant under the family's stewardship.
Following her husband's passing in 2014, her son, Anil Rai Gupta, took over the operational reins as Chairman and Managing Director. Vinod holds a non-executive role but remains a key beneficiary of the company's success. Havells produces a wide range of products, including fans, switches, wires, and lighting, and has recently expanded into the kitchen appliances segment. The family's fortune is anchored in the continued growth and market dominance of the Havells brand.
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Vinod Rai Gupta is an Indian businesswoman whose wealth is derived from her holding in the listed flagship company, Havells India (NSE: HAVELLS).
The company was founded in 1958 as an electricals trading business by Gupta's late husband, Qimat Rai Gupta. Havells manufactures a wide range of products, including electrical and lighting fixtures to fans, refrigerators and washing machines.
Vinod Rai Gupta's wealth is secured by her substantial ownership stake in Havells India. The company is run by her son, Anil (Anil Rai Gupta), who is Chairman and Managing Director. Her structural contribution is tied to the governance and long-term financial stability of the firm as it scaled globally.
Havells has a significant international footprint, operating 14 factories and selling in more than 50 countries. In 2024, the company expanded its product range by launching built-in kitchen appliances such as cooking stoves and chimneys.
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Late husband Qimat Rai Gupta founded Havells.
Havells expanded its product range by launching built-in kitchen appliances.
Draws her fortune from her holding in the company, run by her son Anil.
Vinod Rai Gupta's wealth is concentrated in her family's controlling stake in the publicly traded consumer durables giant, Havells India.
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0% | $0.00M
+0.02% | +$0.81M
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