Haldiram's set to expand QSR footprint

Haldiram’s Foods International is planning to expand its restaurant chain in South and West India, capitalizing on the increasing demand for dining out.

- Suneera Tandon

The family-owned business, dating back to the 1930s, is also accelerating its growth efforts by actively exploring acquisitions in the healthy snacking market. "An announcement could be made within this fiscal year," said Neeraj Agarwal, director, Haldiram’s Foods.

The Agarwal family has interests in the quick-service restaurant (QSR) space and packaged foods sector. It operates several entities including Haldiram’s Foods International Pvt. Ltd in Nagpur, Haldiram’s Snacks Ltd in NCR, besides Haldiram’s Ethnic Foods Pvt. Ltd. While both Delhi and Nagpur function as separate operating units, they collaborate on brand decisions, said Agarwal, who is responsible for retail as well as restaurant expansion, and development of new products at Haldiram’s.