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From 50 Rupee Savings to 300 Crore Empire: Rajiv Gupta's Inspiring Journey.
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News18•21-09-2026, 17:31
From 50 Rupee Savings to 300 Crore Empire: Rajiv Gupta's Inspiring Journey.
- •Noida-based Rajiv Gupta transformed a small endeavor into a 300 crore business through hard work and continuous growth.
- •He started working at a shop during his studies, saving 50 rupees daily, then learned electronics and repaired coolers.
- •His company, Thermocool Home Appliances Limited, began 25 years ago with 25,000 rupees, initially making metal coolers before shifting to plastic.
- •The company now boasts over 150-200 SKUs, with the new generation joining post-COVID to focus on pan-India supply.
- •The business aims to strengthen its presence in North India first, then expand nationwide, offering upgraded products to meet evolving customer needs.
Key Questions Answered
Rajiv Gupta is a Noida-based businessman who started working at a small shop while in the fifth grade and saved 50 rupees daily. He later learned electronics, assembled and repaired coolers, and founded Thermocool Home Appliances Limited with an initial capital of 25,000 rupees about 25 years ago.
The business has grown significantly from its humble beginnings and currently reaches a turnover of approximately 300 crore rupees.
The company began with electrical products before moving into the manufacturing of metal coolers. As market trends evolved, they shifted to plastic coolers, expanded their product range to include over 150 to 200 SKUs, and now operate across both the electronics and electrical sectors.
