Billionaire Profile
Surjit Kumar Gupta
Global Rank
#2114

Image: Unsplash Contributor | Unsplash License | via Unsplash

Surjit Kumar Gupta

CEO, Electrical equipment
INDIA
Real-Time Net Worth
$1.916B
Estimated based on Electrical equipment stock value as of March 6, 2026
+2.6% (24h)
Age
84
Source
Electrical equipment
Industry
Manufacturing
Citizenship
INDIA

Biography

Surjit Kumar Gupta, a prominent figure in the electrical equipment industry, is an 84-year-old Indian billionaire. His wealth stems primarily from his involvement with Havells India, a leading manufacturer of electrical products. Surjit Kumar Gupta's career began in 1958, evolving into a board seat as a non-executive director at Havells India. His achievements include playing a pivotal role in the growth of Havells India, which expanded its product range and achieved global standards in the electrical industry. As of February 1, 2026, his estimated net worth is $1.8 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Surjit Kumar Gupta was born in India and began his entrepreneurial journey in 1958 with a small electrical goods shop in Delhi. This initial venture laid the foundation for his future success in the electrical industry. His early career focused on building a strong understanding of the market and identifying opportunities for growth.

Rise to Success

The turning point in Surjit Kumar Gupta's career came with the acquisition of Havells, a brand name in 1971. Over the next few years, Gupta established the first manufacturing plant at Kirti Nagar, New Delhi, for producing rewireable and changeover switches. He spearheaded Havells India's expansion, pioneering various trends in the FMEG (Fast Moving Electrical Goods) industry.

Key Business Strategies

Gupta's success can be attributed to several key business strategies. These include recognizing the initial importance of electrical goods and investing in world-class manufacturing plants in India, and forming successful foreign alliances. By expanding into new product lines and market segments, Gupta ensured Havells India's sustained growth. His vision helped in making Havells a leading organization in the electrical industry. He was also the prime motivator for initial exposures of Havells to international manufacturers and technology.

Philanthropy

Information regarding Surjit Kumar Gupta's specific philanthropic contributions is limited. However, as a leader in the business world, he is associated with QRG Foundation, a premier NGO that has been working since 2005.

Career Milestones

1958

Started electrical goods shop

Began career with a small electrical goods shop in Delhi.

1971

Acquired Havells

Purchased the Havells brand.

1992

Joined Family Business as Non-executive Director

Joined family business as Non-executive Director.

Philanthropy & Social Impact

Education

QRG Foundation

Undisclosed

QRG Foundation is an NGO working to provide mid-day meals to government school children.