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Third-generation entrepreneur transforms genset business into a Rs 2,500 Cr energy company

Sameer Gupta has led Noida-based Jakson Group’s transformation from a small genset manufacturing business into a diversified energy company that’s betting big on solar power. What started off as an electrical goods trading shop in 1947 in Delhi’s Kamala Market is today a pioneer in the energy sector. The seeds of the Jakson Group business were sown by Jai Kishan Gupta, who migrated to India from Pakistan during the Partition. In the late 1960s, Jai Kishan Gupta’s son, Satish Kumar Gupta, joined the business and took it to a new level. He set up a small genset manufacturing plant in Delhi in the year 1979, when the generator business was still untapped in the Indian market. Satish recalls that the company manufactured.....

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