India’s leading snack and food brand Haldiram’s has sold an additional 6% stake to Alpha Global, a subsidiary of International Holding Company (IHC). This move marks another step in Haldiram’s efforts to attract global investors and strengthen its market position.
Strategic Investment for Growth
Haldiram’s, known for its dominance in the Indian FMCG sector, has been in talks with several international investors to fuel its expansion plans. The latest stake sale to Alpha Global further solidifies its financial backing and allows it to explore new markets, both domestically and internationally.
The financial details of the transaction have not been disclosed, but industry experts believe this investment will help Haldiram’s scale up production, expand its retail network, and enhance distribution channels.
Growing Global Interest in Indian FMCG
The deal reflects the rising global interest in India’s food and snack industry, which has witnessed steady growth over the past decade. With a strong distribution network and a diverse product portfolio, Haldiram’s continues to attract foreign investment, positioning itself as a key player in the global snack market.
IHC’s Expanding Indian Portfolio
Abu Dhabi-based IHC has been actively investing in India’s booming consumer market, targeting high-growth sectors such as FMCG and retail. The latest deal with Haldiram’s aligns with its strategy to diversify and expand its global investments.
With this stake sale, Haldiram’s is expected to accelerate its expansion, focusing on product innovation, global market entry, and strengthening its presence in the packaged food industry.
