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Gupta
Surjit Kumar Gupta
Rank #2510
INDIA•Manufacturing•Electrical equipment

Surjit Kumar Gupta

Net Worth
$1.571B
-1.57% (24h)
Surjit Kumar Gupta, a prominent figure in India's business landscape, is a non-executive director at Havells India. His wealth stems from his stake in the company, which was founded by his late brother-in-law, Qimat Rai Gupta. As of March 24, 2026, his net worth is estimated at $1.7 billion, making him a significant player in the global business arena. Gupta's career has spanned over four decades of corporate governance and strategic oversight within Havells, contributing to its growth and expansion. While he has held a board seat for many years, his son, Ameet Gupta, has also taken on a director role, reflecting a generational transition within the family-owned enterprise.

How to read Surjit Kumar Gupta's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Surjit Kumar Gupta, we anchor the narrative to Electrical equipment and Electrical equipment, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.571B alongside global rank #2510, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Family

Surjit Kumar Gupta, now 84 years old, is an integral part of the Gupta family, known for their deep roots in the Indian business world. His connection to Havells India began through his marriage to the sister of Qimat Rai Gupta, the company's founder. While specific details of his early life are not extensively documented, his close ties to the family and the business suggest that he was exposed to entrepreneurial principles from a young age. This familial connection placed him within the Havells enterprise from its early stages.

Rise to Success

Gupta's path to wealth is intricately linked to Havells India. Although not the founder, he played a pivotal role in the company's growth during its formative years. His primary source of wealth is derived from his stake in Havells India, a publicly traded company. Havells India is a major player in the electrical equipment and consumer durables sector, with a market capitalization of approximately $5.4 billion USD as of 2025. Gupta transitioned from active participation to a non-executive board role, now contributing to governance, long-term strategy, and oversight.

Key Business Strategies

Havells India's success is underpinned by several key strategies. One key is product diversification. In 2024, the company expanded into built-in kitchen appliances, representing a move into higher-margin, lifestyle-oriented categories. Strategic oversight from directors like Gupta, along with the involvement of the next generation, has been vital. This includes the integration of his son, Ameet Gupta, who oversees new projects and product rollouts. Furthermore, Havells has focused on building a strong brand and market position within India.

Philanthropy

Public records do not show significant philanthropic activity directly attributed to Surjit Kumar Gupta. Unlike some Indian billionaires, his public profile remains tightly linked to Havells and its commercial operations.

Career Timeline

2024

Havells India Expansion

Havells expanded its product range by launching built-in kitchen appliances.

1983

Director at Havells India Limited

Joined the board of Havells India, contributing to the company's strategic growth and governance.

Key Business Ventures & Holdings

CompanyStakeValue
Havells India Limited——

Net Worth History

In-Depth Analysis

Early Life and Family

Surjit Kumar Gupta, now 84 years old, is an integral part of the Gupta family, known for their deep roots in the Indian business world. His connection to Havells India began through his marriage to the sister of Qimat Rai Gupta, the company's founder. While specific details of his early life are not extensively documented, his close ties to the family and the business suggest that he was exposed to entrepreneurial principles from a young age. This familial connection placed him within the Havells enterprise from its early stages.

Rise to Success

Gupta's path to wealth is intricately linked to Havells India. Although not the founder, he played a pivotal role in the company's growth during its formative years. His primary source of wealth is derived from his stake in Havells India, a publicly traded company. Havells India is a major player in the electrical equipment and consumer durables sector, with a market capitalization of approximately $5.4 billion USD as of 2025. Gupta transitioned from active participation to a non-executive board role, now contributing to governance, long-term strategy, and oversight.

Key Business Strategies

Havells India's success is underpinned by several key strategies. One key is product diversification. In 2024, the company expanded into built-in kitchen appliances, representing a move into higher-margin, lifestyle-oriented categories. Strategic oversight from directors like Gupta, along with the involvement of the next generation, has been vital. This includes the integration of his son, Ameet Gupta, who oversees new projects and product rollouts. Furthermore, Havells has focused on building a strong brand and market position within India.

Philanthropy

Public records do not show significant philanthropic activity directly attributed to Surjit Kumar Gupta. Unlike some Indian billionaires, his public profile remains tightly linked to Havells and its commercial operations.

Data Sources & Methodology

Figures for Surjit Kumar Gupta are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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