Qimat Rai Gupta Net Worth is965 $Million
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Company Name: Havells India Ltd.
Company Type: Public company
Traded As: 517354
Founder: Qimat Rai Gupta
Foundation: 1958 in Delhi, Indiahttp://www.havells.com/milestones.aspx
Key People: Qimat Rai Gupta (Chairman)
Industry: Electrical equipments
Location: Noida, India
Branches: 94
Divisions: Lighting Sector, Power Distribution Sector
Revenue: 5862/c (2011)
Num Employees: 5,000
Homepage: [http://www.havells.com/ Havells.com]
Intl: yes
Havells India Ltd is a billion-dollar-plus electrical equipment company with products ranging from industrial & domestic circuit protection switchgear, cables & wires, motors, fans, power capacitors, compact fluorescent lamps (CFL), luminaries for domestic, commercial & industrial applications, modular switches covering household, commercial and industrial electrical needs, water heater and domestic appliances.
Havells owns global brands like Crabtree, Sylvania, Concord, Luminance. Havells has 94 branches / representative offices and over 5000 professionals in over 50 countries.
Its 12 manufacturing plants in India are located at Haridwar, Baddi, Noida, Faridabad, Alwar, Neemrana, and 6 manufacturing plants are located across Europe, Latin America & Africa. It has a 20,000 strong global distribution network[clarification needed]
1958: Commenced trading operations in Delhi1971: Bought HALS Brand
1976: Set up the first manufacturing plant for Rewireable Switches and Changeover Switches at Kirti Nagar, Delhi.
1979: Set up a manufacturing plant for HBC Fuses at Badli, Delhi.1980: Started manufacturing Energy Meters at Tilak Nagar, Delhi.1983: Acquired Towers and Transformers Ltd. and turned it into a profitably manufacturing Energy Meters Company in one year[citation needed] .1987: Started manufacturing MCBs at Badli, Delhi in a Joint Venture with Geyer, Germany.1990: Set up a manufacturing plant at Sahibabad, UP for Changeover Switches.1993: Set up another manufacturing plant at Faridabad, Haryana for Control Gear Products.1996: Acquired a manufacturing plant at Alwar, Rajasthan for Power Cables & Wires.
Entered into a Joint Venture with Electrium, UK for manufacturing Dorman Smith MCCBs and Crabtree Modular Plate Switches.1997: Acquired Electric Control & Switchboards at NOIDA for manufacturing customized packaged solutions.1998: Introduced high-end Ferraris Meters in Joint Venture with DZG, Germany.2000: Acquired controlling stake in Duke Arnics

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