The success story of Havells

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The success story of Havells is one of passion, determination, and innovation, and is largely due to the visionary entrepreneur Qimat Rai Gupta

Acquisition 

In 1971, Gupta purchased the Havells brand name from Haveli Ram Gandhi for Rs. 700,000. Gupta was already a distributor for Havells and saw the potential in the company.

Growth 

Havells has grown from a small electrical goods business to a leading brand in the electrical equipment and consumer goods market

Diversification 

Havells has expanded into various related fields, including power distribution and consumer goods

Innovation 

Havells has introduced new products and marketing strategies, and is known for its innovative approach

Philanthropy 

Gupta believed in giving back to society, and established several charitable foundations

Global brands 

Havells owns several prestigious global brands, including Crabtree, Sylvania, Concord, Lumiance, Claude, and Zenith

Mission 

Havells’ mission is to achieve its vision through business ethics, global reach, technological expertise, and building long-term relationships

Qimat Rai Gupta and Mr.Surjit Kumar Gupta, who commenced their trading operations in the year 1958. A former teacher in Punjab, the entrepreneur Qimat Rai Gupta bought the Havells brand from one Haveli Ram Gandhi, thereby moving up from trader to manufacturer

What are the achievements of Havells company?

Today, Havells has the best infrastructure and most modern plants across the entire electrical Industry in India. He was instrumental in the new business development through alliances and acquisitions. In 2007, he led the effort of acquiring Sylvania, a US $600 million German lighting systems and fixtures company

What is the starting story of Havells?

The man behind this iconic brand is Qimat Rai Gupta, who paid Haveli Ram Gandhi Rs 700,000 in 1971 to purchase the brand name of the already-established company, Havells, and turned it into a million-dollar business and a must-have a favourite of the masses

What is the slogan of Havells?

The ad nds with a shot of various Havells product with the tagline: Commit- ed to saving energy

Who is the CEO of Havells?

HavellsCompany peopleAnil Rai Gupta( Chairman & MD)ProductsFast Moving Electrical Goods

What is the full name of Havells?

Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence with an annual turnover of 1.5 Billion US Dollar and market cap of more than 4.5 Billion US Dollar with a strength of over 6500 seasoned professionals

What are the goals of Havells?

Vision, Mission & Values

  • Customer Centricity. A commitment to put our customers at the center of everything we do & surpass their expectations. Entrepreneurship. … 
  • Empathy. A commitment to care and respect for all our stakeholders. Humility and Simplicity. … 
  • Equality. A commitment to work in an egoless, boundaryless manner

What is the future of Havells?

Future Growth

Havells India is forecast to grow earnings and revenue by 18.4% and 12.7% per annum respectively. EPS is expected to grow by 18.5% per annum

Who is the brand ambassador of Havells Ka?

Durables, Havells India said, “We are proud to welcome Vicky Kaushal, one of the most promising and talented stars of this generation, into the Havells family. With the rise of grooming culture, men seek for a quick, hassle-free experience and products that render them with an impeccable style.

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Vicky Kaushal is the brand ambassador for Havells India’s men’s grooming products. He appeared in a campaign for the brand’s BT9000 trimmers

Havells chose Kaushal as their brand ambassador to help add style and freshness to their products and to appeal to the changing tastes of young consumers

Havells sucess

Expansion: Havells has expanded into various fields, including electrical equipment manufacturing, power distribution, and consumer goods

Acquisitions: Havells has acquired several companies, including ECS, Duke Arnics Electronics, Standard Electricals, Crabtree India, and Sylvania.

As of June 18, 2024, Vinod Rai Gupta, the face of Havells, has a real-time net worth of $5.8 billion. She is ranked 612 on the 2024 billionaires list

The majority of Vinod Rai Gupta and her son Anil Rai Gupta’s wealth comes from their ownership of Havells India. Vinod Rai Gupta, 78, is the fourth richest lady in India and has a net worth of $3.9 billion, according to Forbes. Qimat Rai Gupta, Vinod Rai Gupta’s late husband, created Havells India in 1958

Who is the son of Anil Rai Gupta?

Anil studied Economics at Sri Ram College of Commerce, University of Delhi, and has an MBA from Wake Forest University, North Carolina, USA. He lives in Delhi with his mother Vinod Gupta, wife Sangeeta and children Abhinav and Aradhana

What are the main products of Havells?

Havells enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial

What brands are owned by Havells?

Havells : Havells India Limited is a Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. It has a bouquet of brands under its leadership that cater to multiple needs, such as HavelLs Studio, Lloyd, Crabtree, Standard & Reo

Who is the competitor of Havells?

Competitors. Havells India Ltd. Artemis Electricals and Projects Ltd. Bajaj Electricals Ltd

Is Havells a MNC company?

Havells India Limited is an Indian multinational electrical equipment company, based in Noida.

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