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{{Short description|Indian businessman}}
{{Use dmy dates|date=November 2018}}
{{Use Indian English|date=November 2018}}
'''Qimat Rai Gupta''' (also known as '''Q R Gupta''' and '''QRG''')<ref>{{cite news|title=What's special about QRG Group's 70-year old Qimat Rai Gupta's daily meetings?|url=http://articles.economictimes.indiatimes.com/2014-03-28/news/48662909_1_director-anil-rai-gupta-havells-qrg-group|access-date=4 March 2015|newspaper=The Economic Times}}</ref> was an [[Indian people|Indian]] [[entrepreneur]], [[Entrepreneur|founder]], former chairman and managing director of [[Havells]], a global electrical company. Gupta was among the 100 richest Indians,<ref>{{cite news|title=Qimat Rai Gupta - Richest Indian|url=http://forbesindia.com/richprofile2014/qimat-rai-gupta/95|access-date=4 March 2015|newspaper=Forbes|archive-url=https://web.archive.org/web/20150402112721/http://forbesindia.com/richprofile2014/qimat-rai-gupta/95|archive-date=2 April 2015|url-status=dead}}</ref> and on [[Forbes]] list of global billionaires.<ref>{{cite news|title=Qimat Rai Gupta's Old-World Leadership Powers Havells|url=http://forbesindia.com/article/india-rich-list-2013/qimat-rai-guptas-oldworld-leaderhip-powers-havells/36503/0|access-date=4 March 2015|newspaper=Forbes}}</ref>

==Early life==
Gupta was born in 1937 in Malerkotla [[undivided Punjab]] (India before [[India partition|India-Pakistan partition]]).<ref>{{cite news|title=He discontinued his education, today owns $1 billion company: Havells CMD Qimat Rai Gupta|url=http://daily.bhaskar.com/news/MON-SPE-he-discontinued-his-education-today-owns-1-billion-company-havells-cmd-qimat-rai-4504338-NOR.html|access-date=4 March 2015|publisher=Daily Bhaskar}}</ref> In 1958 he quit his studies in Punjab and moved to [[New Delhi]]. Gupta started an electrical trading shop called Guptaji & Company in Bhagirath Place, an electrical wholesale market in Delhi, with a capital of INR 10000.<ref>{{cite news|title=Lunch with Qimat Rai Gupta Chairman Havells Group|url=http://www.business-standard.com/article/opinion/lunch-with-bs-qimat-rai-gupta-chairman-havells-group-113101101151_1.html|access-date=4 March 2015|publisher=Business Standard}}</ref><ref>{{cite news|title=The unsung billionaire: Qimat Rai Gupta|url=http://www.calgaryindians.com/news/25429-the-unsung-billionaire-qimat-rai-gupta.aspx|access-date=4 March 2015|publisher=Calgary Indians}}</ref>

==Havells==
In 1971 Gupta purchased existing company [[Havells]] brand name from Haveli Ram Gandhi<ref>{{cite news|title=The extraordinary story of an unsung billionaire|url=http://www.rediff.com/business/report/pix-column-the-extraordinary-life-story-of-an-unsung-billionaire/20141121.htm|access-date=4 March 2015|publisher=Business Standard}}</ref> for INR 700,000.<ref>{{cite news|title=The Unsung Billionaire|url=http://www.business-standard.com/article/opinion/bhupesh-bhandari-the-unsung-billionaire-114112001358_1.html|access-date=4 March 2015|publisher=Business Standard}}</ref> {{As of|2015}}, Havells is among the world's top five lighting brands of the world <ref>{{cite news|title=Indian Fan Maker Enters Billionaire Ranks|url=https://www.forbes.com/sites/anuraghunathan/2014/09/24/havells-has-it-wired/|access-date=4 March 2015|work=Forbes}}</ref> with market cap of above $10 billion.<ref>{{cite news|title=Havells's Qimat Rai Gupta becomes billionaire as stock rises to record |url=http://www.livemint.com/Companies/xbGUyS2RAwLG5WvJuU2pzJ/Havellss-Qimat-Rai-Gupta-becomes-billionaire-as-stock-rises.html|access-date=4 March 2015|publisher=Live Mint}}</ref>

== Healthcare ==
Gupta started QRG Central Hospital and multi-specialty healthcare facility QRG Health City in [[Faridabad]]. {{citation needed|date=July 2019}}

==Awards==
* EY Entrepreneur of the year award 2013 <ref>{{cite news|title=Entrepreneur of the Year Qimat Rai Gupta|url=http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/EY-EOY-2013-India-Winners-entrepreneur-of-the-year-consumer-products|access-date=4 March 2015|publisher=EY|archive-url=https://web.archive.org/web/20150402113918/http://www.ey.com/IN/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/EY-EOY-2013-India-Winners-entrepreneur-of-the-year-consumer-products|archive-date=2 April 2015|url-status=dead}}</ref>

==Family==
Qimat Gupta was married to Vinod and had two sons and one daughter. Only his second son [[Anil Rai Gupta]] is part of the business, and succeeded his father as Havells' Chairman.<ref>{{cite news|title=Change Of Guard At Havells - India's Leading Electrical Goods Company|url=https://www.forbes.com/sites/anuraghunathan/2014/11/14/change-of-guard-at-havells-indias-leading-electrical-goods-company/|access-date=4 March 2015|work=Forbes}}</ref> Gupta died at the age of 77 due to [[cardiac arrest]] on 7 November 2014.<ref>{{cite news|title=Qimat Rai Gupta, India's Leading Fan Maker, Dies|url=https://www.forbes.com/sites/anuraghunathan/2014/11/11/qimat-rai-gupta-indias-leading-fan-maker-dies/|access-date=4 March 2015|work=Forbes}}</ref><ref>{{cite news|title=Havells India Chairman Qimat Rai Gupta Dies at 77|url=http://profit.ndtv.com/news/corporates/article-havells-india-chairman-qimat-rai-gupta-dies-at-77-689970|access-date=4 March 2015|publisher=NDTV}}</ref>

==References==
{{Reflist}}

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{{DEFAULTSORT:Gupta, Qimat Rai}}
[[Category:Indian industrialists]]
[[Category:People from New Delhi]]
[[Category:Indian billionaires]]
[[Category:Businesspeople from Delhi]]
[[Category:1937 births]]
[[Category:2014 deaths]]
[[Category:Indian company founders]]
[[Category:20th-century Indian businesspeople]]

Qimat Rai Gupta - Revision history

>Tom.Reding: +{{Authority control}} (3 IDs from Wikidata), WP:GenFixes on