Haldiram’s Delhi and Nagpur Units Merge FMCG Businesses; Combined Entity Valued at $10 Billion
Nagpur/Delhi, India: Haldiram’s, one of India’s most iconic food brands, has officially merged the FMCG businesses of its Delhi and Nagpur factions. This long-awaited unification aims to streamline operations and strengthen the brand’s foothold in the growing packaged food market.
The combined business is now valued at approximately $10 billion (around ₹85,000 crore), making it one of the most valuable food companies in the country. The merger will enable Haldiram’s to operate as a single, cohesive entity, eliminating internal competition and boosting its ability to scale operations more efficiently.
In a further boost to its growth strategy, Haldiram’s has also entered into a deal with Singapore-based investment firm Temasek. As part of the agreement, Temasek will acquire a 10% minority stake in Haldiram Snacks Food, offering not only funding but also strategic guidance for expansion.
With the FMCG arms now united, Haldiram’s is expected to focus on innovation, expanding its product range, and entering new markets both in India and abroad. The move marks a new chapter for the homegrown brand, reinforcing its leadership in the snacks and sweets segment and setting the stage for future growth.
