Haldiram Snacks, a leader in the packaged food industry, has committed to investing Rs 300 crore in a new manufacturing plant in Bihar. This move is set to bolster the state’s economy and create job opportunities while expanding Haldiram’s production capabilities for its renowned sweets, namkeens, and snacks.
New Facility to Boost Production in Bihta by 2027
As part of the company’s growth strategy, Haldiram has acquired 12 acres of land in Sikanderpur, Bihta, where the plant will be established. The facility is slated to be operational by mid-2027. This project aligns with the Bihar government’s global investment summit, Bihar Business Connect 2024, aimed at attracting major business investments.
Sanjay Singhania, Vice President of Haldiram Snacks, confirmed the investment at the summit, emphasizing that the plant would play a key role in increasing production capacity for the company’s wide range of products.
Strengthening Haldiram’s Presence in the Food Industry
Haldiram, founded in 1937 by Ganga Bhishen Agarwal as a small sweets shop in Bikaner, Rajasthan, has grown into a global food powerhouse. With operations in over 80 countries, the company has become a household name for its high-quality snacks and sweets. The planned investment in Bihar reflects Haldiram’s commitment to further expanding its reach and meeting the growing demand for its products worldwide.
This investment comes as part of the second edition of Bihar Business Connect, which has already seen the signing of Memorandums of Understanding (MoUs) worth Rs 1.8 lakh crore, more than tripling last year’s figures.