
Mr
Vijay Gupta was born on August 28th 1952 in a
business family. He started his professional career
at a young age in his family run company known as Eldee
Wire Ropes Ltd. During these years, being on the manufacturing
side he became an expert in all the products of steel
that he deals in today. He then branched out on his
own at the age of 24 into Trading of Steel. Since then
there has been no looking back.
He has dealt in almost
every product of steel in the construction area with
some of the largest and best-known names in the field.
He was representing Cotia S.A, Brazil for import of
Pig Iron into India from 1988 to 1994. At that time,
in partnership with the Alcari S.A.Switzerland (A Hinduja
group Co) he had set the record for importing the largest
consignment of Pig Iron in the country.
In 1992, he started representing
the Aristrain Group of Co’s Spain to market their
Long Products of Steel in the Indian market on an exclusive
basis. Aristrain was later taken over by Aceralia S.A.,
Spain and Aceralia along with Arbed and Usionor have
merged together to form the world’s 2nd largest
steel conglomerate known as Acelor.
In 1997, he got into Power
Generation through Renewable Energy i.e.: through Wind
Mills. India at that time was the 2nd largest country
to promote this sector and thus had a lot to offer which
he took up on. He set a precedent by setting up the
project in a record time of 67 days spread over 60 acre’s
of land in Tamil Nadu on a complete turnkey basis, using
German Technology. The Plant operates at one of the
highest efficiencies not only in the state but also
in the country. This project has become a role model
for many a players in the Industry.
Under Mr Vijay Gupta’s
leadership the company was the 1st company in India
to be granted Infrastructure status and raise Capital
Gain bonds u/s 54EA& EB for Rs.45 Crores for its
expansion in the Wind Energy sector.
Due to his persuasive
nature and his knack to make the most out of the minimum,
he was inducted into The Wind Power Producers Association.
Today along with the many changes in the body ,which
is now known as The Indian Wind Power Association (IWPA).
It has a National Council, of which he is the Vice-Chairman
and Chairman of several committee’s. The IWPA
has 7 regional chapters and have increased its member
base from 200 members to 700 members, which constitute
approximately 70% of the total installed Industry. Besides
that, itis the only body to be a complete Industry platform
where manufacturers, technocrats, developers, investors,
financers, service providers all sit on a level playing
field and share information with each other. In 2003
he has been appointed the Co-Chairman of The Indian
Merchants Chambers-Energy Committee to promote Renewable
sources of energy.
Mrs
Suman Gupta is also a founder Director and Company
Promoter of the company. She has been at the helm of
affairs of the company. She has been at the helm of
affairs of the company since incorporation.
She looks after the administrative
affairs and human relations of the company. In addition
she also head the day to day ongoing Wind power Business.
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