Haldiram Snacks Pvt Ltd, a leading name in India’s packaged food industry, is set to invest Rs. 300 crore in Bihar to establish a new manufacturing facility. The company has signed a Memorandum of Understanding (MoU) with the Bihar government as part of the Bihar Business Connect 2024 initiative.
The new plant will be located on a 12-acre site in Sikanderpur, Bihta, and is expected to commence operations by mid-2027. The facility will focus on producing a range of sweets, namkeens, bhujia, and other snacks, reflecting the company’s commitment to meeting growing consumer demand.
Haldiram’s Vice President, Sanjay Singhania, shared the details during the Bihar Business Connect 2024 summit. “We are excited to invest Rs 300 crore to set up this manufacturing plant. This facility will enhance our production capabilities and generate employment opportunities in the region,” he said.
The state government’s investor summit has attracted MoUs worth Rs. 1.8 lakh crore this year, significantly surpassing last year’s Rs 53,000 crore. The move underscores Bihar’s emergence as a business-friendly destination for major investments.
Established in 1937 in Bikaner, Rajasthan by Ganga Bhishen Agarwal, Haldiram is now one of India’s largest packaged snack and sweets companies, with a presence in over 80 countries. The business, promoted by the Agarwal family, operates across Delhi, Nagpur, and Kolkata.
This latest investment is expected to not only strengthen Haldiram’s production network but also contribute significantly to the local economy, providing a boost to employment and the packaged food sector in Bihar.