Haldiram’s Completes Merger, Eyes Global Expansion and Public Listing
Indian FMCG major Haldiram’s has successfully concluded a strategic merger of its Nagpur and Delhi units, unifying operations under a single holding company to streamline governance, optimise growth, and bolster global expansion efforts.
The consolidation brings together Haldiram Snacks and Ethnic Foods under a combined enterprise valued at ₹30,000 crore (approximately $3.6 billion). With the merger now finalised, Haldiram’s leadership is shifting focus to international markets, with plans to strengthen presence in the US, UK, and Middle East while exploring untapped territories in Southeast Asia and Africa.
A key driver behind the merger was the need for a unified management framework that would allow for faster decision-making and a more consistent brand identity across markets. The integration is also expected to enhance supply chain efficiency and reduce operational redundancies, positioning Haldiram’s for greater competitiveness, especially as it eyes entry into new product categories and retail formats.
According to market sources, the move is also paving the way for Haldiram’s much-anticipated public listing. Investment banks are reportedly being consulted to evaluate listing structures, with an initial public offering (IPO) likely on the cards in the medium term. Industry analysts view the merger as a precursor to potential private equity investments or partnerships that could further accelerate the brand’s international ambitions.
Haldiram’s has steadily grown from a regional snacks brand into a diversified FMCG powerhouse, offering ready-to-eat meals, sweets, frozen foods, and beverages. Its products are currently available in over 100 countries, and the company operates extensive retail and HoReCa channels alongside a robust export network.
As global demand for authentic Indian cuisine continues to rise, especially in diaspora and wellness-driven markets, Haldiram’s strengthened organisational structure gives it a strategic edge in scaling distribution, launching premium SKUs, and innovating in health-forward offerings. FMCG professionals will be watching closely as Haldiram’s integrates operations and positions itself as a globally recognised Indian food brand.