Havells: The Untold Story of Qimat Rai Gupta(Hardcover Edition)
by Anil Rai Gupta
About the Book From beginning his career as a small trader in Delhi to building Havells, the largest Indian electrical goods company, Qimat Rai Guptas story makes for an inspiring read. Told rivetingly by his son Anil Rai Gupta, this is the account of how QRG, as he was fondly known, poverty, ill heath, ill health, competition, corruption and bureaucracy to turn his dreams into reality. Havells faced stiff competition from companies that couldnt tolerate a modest trader challenging them. Despite legal battles, family feuds and severe shortage of funds, QRG never gave up. During his last years, Havells acquired German giants Sylvania, which was twice its size. When Sylvanias losses pushed Havells to the bring QRG fearlessly decided to keep the company, It was under his mentorship that Anil Rai Gupta, present chairman of Havells, turned Sylvania around. In this candid biography, Anil gives you an inside view into his fathers life and shows how, with hard work, faith and determination, QRG shaped his destiny. About the Author Anil Rai Gupta is the chairman and managing director of Havells India Ltd. He joined Havells in 1992 and rose through the ranks under the tutelage of his father, Qimat Rai Gupta. Anil led the acquisition of German lightings- system company Sylvania in 2007, and was also instrumental in its turnaround after the economic meltdown of 2008. He studied economics at Shri Ram College of Commerce, University of Delhi, and has an MBA from Wake Forest University, North Carolina, USA. Anil lives in Delhi with his mother, Vinod Gupta, wife, Sangeeta, and children, Aradhana and Abhinav. Introduction Sometime in November 2014, I moved into the corner office at QRG Towers-a large office complex located near the expressway that runs from Noida to Greater Noida.