tata consumers denies report of buying 51 percent stake in haldirams
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High demand for Haldiram
Explain that Tata Consumer Products owns UK tea company Tetley and partners with Starbucks in India. The report said that Tata wants to buy a stake of more than 51%, but they say that Haldiram’s demand is too high. Haldiram’s started from a small shop established in 1937.
Big market for snacks in the country
Ganga Vishan Agarwal used to sell Bhujia, Namkeen in a small shop. Vishan Aggarwal’s mother used to fondly call him Haldiram, so he named his namkeen as ‘Haldiram’. He had learned the art of making Namkeen and Bhujia from his aunt ‘Bikhi Bai’. Although he made many changes in making it. Haldiram’s business has been going on from generation to generation.
If we talk about salty market, then the market of salty snacks in India is worth 620 crores. Haldiram’s has a share of about 13 per cent in this snacks market. Apart from India, the company also has business in Singapore, America. Apart from snacks, the company has more than 150 restaurants with sweets, western cuisine.
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