Have you heard the rumors that Tata Consumer Products is planning to acquire a 51% stake in #haldirams? Both companies have denied the news, but as they say, there's no smoke without fire.
The name Haldiram always sounded intriguing to me, and due to this news, I did some digging. I found a very interesting story about how Haldiram got its name.
1️⃣ Ganga Bishen Ji Agarwal, resident of Bikaner, was fondly known as '𝐇𝐚𝐥𝐝𝐢𝐲𝐚' due to his fair complexion because it is said that "𝐇𝐚𝐥𝐝𝐢 𝐥𝐚𝐠𝐚𝐧𝐞 𝐬𝐞 𝐆𝐨𝐫𝐞 𝐡𝐨𝐭𝐞 𝐡𝐚𝐢"
2️⃣ Working alongside his father, he made his first batch of '𝐁𝐚𝐫𝐢𝐤 𝐁𝐡𝐮𝐣𝐢𝐚' at the age of 13 which was loved by people.
3️⃣ People used to demand, '𝐇𝐮𝐦𝐞 𝐭𝐨𝐡 𝐡𝐚𝐥𝐝𝐢𝐲𝐚 𝐤 𝐡𝐚𝐭𝐡 𝐤𝐢 𝐡𝐢 𝐛𝐡𝐮𝐣𝐢𝐚 𝐤𝐡𝐚𝐧𝐢 𝐡𝐚𝐢,' and thus, the Bhujia made by 'Haldiya' was sold at a premium.
4️⃣ 'Haldiya' parted ways with his father due to family disputes. Penniless, he was accompanied by his wife and three sons, facing the challenge of starting anew from scratch.
5️⃣In his moment of need, a friend to whom he had lent 200 Rs. came to return the money. The friend could only return Rs. 100.
6️⃣With Rs. 100 he took a shop on rent in #Bikaner, began selling his renowned Bhujias, which quickly started generating substantial revenue due to their existing popularity.
7️⃣ During visits to Bikaner, Kolkata-based businessmen, fans of Haldiya's Bhujia, suggested that he consider manufacturing Bhujias in Kolkata as well. With his sons and grandsons, now at the helm, Haldiya made his way to #kolkata.
8️⃣To preserve the family legacy, the brand name chosen was #Haldiram's, in honor of the original Bhujia creator, Haldiya.
9️⃣ Haldiya dispatched his grandson, Shiv Prasad Agarwal, to #Nagpur, to establish a branch of Haldiram's Bhujia. He not only set up the store in Nagpur, he started Haldiram's first full-scale production facility in Nagpur eventually expanding into the restaurant sector.
🔟Five years later, Haldiram's Bikaner Bhujia was launched in #delhi 's bustling #ChandniChowk.
And the rest is history, Haldiram’s is now a household name in India. Its wide range of products, comprises more than 400 varieties of namkeen, confectionery and ready-to-eat food now sell across 100 countries.
With their foresightedness and innovative ideas, they turned Haldiram from a small corner shop selling Bhuija into a major food empire.
The news of #Tata Group possibly acquiring Haldiram has generated quite a buzz. What do you think might change if this merger happens? Do you think it's a good idea? Share your thoughts with us in the comments section below!
#haldiram #tata #mergersandacquisitions #mergers #tatagroup #linkedinforcreators #linkedingrowth #indianfood #acquisition #acquiring
Master Brains CA Rishabh Agarwal CA Sanjay Agarwal Vishal Thappa Mehul Aggarwal Kartik Jindal CA Manpreet Taneja CA Vinny Tyagi CA Himanshu Jawa
Driving SaaS Growth for Proctek | Helping businesses find the right SaaS Solution | Business Development Manager @ Proctek
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