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Billionaire Profile
Surjit Kumar Gupta
Global Rank
#1908

Image: Public domain | via Wikimedia Commons

Surjit Kumar Gupta

CEO, Havells India Limited
IN
Real-Time Net Worth
$2.1B
As of December 2025
Age
83
Source
Electrical equipment
Industry
manufacturing
Citizenship
IN

Biography

Surjit Kumar Gupta, a prominent figure in the electrical equipment industry, holds an estimated net worth of $2.1 billion. At 83 years old, he has dedicated his career to the manufacturing sector, making significant contributions to the growth of Havells India Limited, where he serves as a Non-Executive Director. His wealth stems from his stake in Havells, a company founded by his brother-in-law, Qimat Rai Gupta. His career includes initial exposures to international manufacturers and technology for Havells. He is known for his role as a non-executive director at Havells India Limited, as well as his active involvement in new business development, and setting up new plants.

Wealth Over Time

In-Depth Profile

Early Life

Information regarding Surjit Kumar Gupta's early life is limited in the search results. However, it is known that he was born in 1941. His career in business began with Havells India, a company founded by his brother-in-law, Qimat Rai Gupta.

Rise to Success

Surjit Kumar Gupta's primary source of wealth is his stake in Havells India Limited, a leading company in the electrical equipment sector. He has been instrumental in the growth of Havells, serving as a Non-Executive Director and contributing to its expansion. He was also the prime motivator for initial exposures of Havells to international manufacturers and technology.

Key Business Strategies

Gupta's career has been marked by strategic roles within Havells India. He has been involved in new business development through alliances and acquisitions. His functions include spearheading new projects being under taken by the organization. His focus on quality and engineering products has helped Havells become a leading group in the electrical industry.

Philanthropy

Surjit Kumar Gupta is associated with the QRG Foundation, a premier NGO that provides mid-day meals to government school children. He has been involved in various CSR activities including education, sanitation, healthcare, environment and other humanitarian causes.

Career Milestones

1958

Business Beginnings

Began a business career with the setup of an electrical goods shop in Bhagirath Palace, Delhi.

1971

Acquisition of Havells

Purchased the company Havells.

2024

Havells Product Expansion

Launched built-in kitchen appliances, expanding the company's product range.

Philanthropy & Social Impact

Education/Humanitarian Aid

QRG Foundation

Undisclosed

Provides mid-day meals to government school children and supports other CSR activities.

Controversies & Challenges

2023

Insider Trading Allegations

SEBI disposed of a show-cause notice against Surjit Kumar Gupta and family members for alleged insider trading violations, finding insufficient evidence.