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In April 2015, Havells acquired a 51% majority stake in Promptec Renewable [13] before increasing its stake in the company to 100% in 2018. In December 2015, Havells sold 80% stake in Sylvania Malta and Havells Exim Hong Kong to Shanghai Feilo Acoustics for ₹ 1,070 crore (US$166.79 million) [14] and sold the remaining 20% two years later. [15]
Qimat Rai Gupta. Qimat Rai Gupta (also known as Q R Gupta and QRG) [1] was an Indian entrepreneur, founder, former chairman and managing director of Havells, a global electrical company. Gupta was among the 100 richest Indians, [2] and on Forbes list of global billionaires. [3]
Havells Sylvania. Sylvania Lighting (formerly Feilo Sylvania[1]), Havells-Sylvania, and SLI (Sylvania Lighting International), is an international designer and manufacturer of lighting products, trading as Sylvania. It has plants throughout Europe, Asia, North Africa and Central and South America, and is one of the few lighting companies that ...
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Anil Rai Gupta. (1969-04-20) 20 April 1969 (age 55) Delhi, India. Education. BA Economics, University of Delhi. MBA Marketing and Finance, Wake Forest University. Occupation (s) Chair and managing director of havells.
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The company was founded by the De'Longhi family in 1902 as a small industrial parts manufacturing workshop. [3] The company incorporated in 1950. [4] Historically a major producer of portable heaters and air conditioners, the company has expanded to include nearly every category of small domestic appliances in the food preparation and cooking, as well as household cleaning and ironing, segments.
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