Haldiram Snacks, a prominent name in the packaged food sector, has announced plans to invest Rs 300 crore to establish a manufacturing facility in Bihar. The company’s Vice President, Sanjay Singhania, confirmed the development on Friday, stating that the company has signed a Memorandum of Understanding (MoU) with the Bihar government for this investment.
“We are setting up a production unit in Bihar to manufacture sweets, namkeens, and snacks. The investment for this project will be Rs 300 crore,” Singhania told PTI on the sidelines of the Bihar Business Connect 2024 event.
The company, which is known for its wide range of products, including sweets, namkeen, bhujia, and snacks, has secured a 12-acre plot of land in Sikanderpur, Bihta, where the new plant will be built. The plant is expected to be operational by mid-2027.
This announcement comes as part of the Bihar government’s ongoing efforts to attract investment through its global investors’ summit, Bihar Business Connect 2024. The summit, in its second edition, has already seen MoUs worth Rs 1.8 lakh crore signed—more than three times the Rs 53,000 crore in agreements reached during the previous year.
Founded in 1937 by Ganga Bhishen Agarwal as a small retail shop in Bikaner, Rajasthan, Haldiram has grown to become India’s largest manufacturer of packaged snacks and sweets, with a presence in over 80 countries. The business was later divided among the Agarwal family members in Delhi, Nagpur, and Kolkata, who now operate separate entities.
