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Temasek Invests in Haldiram’s
Singapore-based investment giant Temasek Holdings has acquired a 10% stake in Haldiram’s, India’s leading snack brand, for approximately $1 billion. This strategic investment highlights Temasek’s growing interest in India’s booming FMCG sector and its potential for expansion.
Haldiram’s, known for its diverse range of snacks, holds a dominant market position in India and is now set for further growth with this funding. The move aligns with Temasek’s focus on consumer-driven businesses, strengthening its footprint in India’s fast-growing food industry.
This deal not only boosts Haldiram’s valuation but also paves the way for possible global expansion and product innovation, making it a game-changer in the snack industry.
