Madhusudan Agarwal is an Indian businessman whose wealth is derived from Haldiram Snacks, a major manufacturer of savory snacks, sweets, and frozen foods. He runs the Delhi-based operation with his brother, Manohar Lal Agarwal.

The family business was originally started by their grandfather in 1937, who began selling savory snacks from a tiny shop in Bikaner, Rajasthan. The business was later divided among his descendants into three separate entities.

• Core Company: Haldiram Snacks, a major manufacturer of savory snacks and sweets.
• Founding: Family business founded by his grandfather in 1937.
• Recent Merger: In 2023, the Delhi and Nagpur arms of the family merged to create Haldiram Snacks Food Limited.

Madhusudan Agarwal’s career is defined by the stewardship and expansion of the Haldiram Snacks brand, one of India's most recognized consumer packaged goods companies.

In 2023, he and his brother merged their Delhi operation with their cousin's entity in Nagpur to create Haldiram Snacks Food Limited, headquartered in Delhi. His structural contribution is tied to maintaining the brand's national dominance and expanding its range of snacks and sweets.