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Trial by fire

The EPC specialist opted for prudence over aggression to grow, but a Prolonged slowdown will test its mettle

Vishal Koul

Avinash Gupta isn’t really a risk taker. He’s conservative and cautious. But back in the 1950s, he took the first of two, life-changing bold decisions — on graduation, the young Gupta opted out of joining his family’s air-conditioning services business in Ludhiana and instead, moved to Bombay to work for infra major Gannon Dunkerley. “I was clear I wanted to work for a few years in a company before starting my own business,” recalls Gupta, now a sprightly 72 years.