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Manohar Lal Agarwal

Manohar Lal Agarwal

M. Agarwal
-11.11% | - $-345.20M
$2.76 B ₹ 25,133 Cr
Real Time Net Worth #1495 Ranking as of 21 Feb 2026 By Forbes

More on Manohar Lal Agarwal

Gender

Male

Age

72Y

Country

India

Born On

January, 1954

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited (Food)

Primary Organization

Haldiram Snacks

Titles

Chairman

Sources of Wealth

Snacks

Industry

Food-Beverage

About Manohar Lal Agarwal


M anohar Lal Agarwal is the chairman of Haldiram Snacks, a giant in the Indian food industry famous for its traditional snacks and sweets. He is the grandson of Ganga Bishan Agarwal, who started the business as a small shop in Bikaner, Rajasthan, in 1937. Manohar Lal, along with his brother Madhusudan, aggressively expanded the brand's presence in northern India and overseas, modernizing production while maintaining the authentic taste that made Haldiram's a household name.

He has been a driving force behind the company's diversification into casual dining restaurants and the packaged food export market. Under his stewardship, the company has also supported the startup ecosystem through incubators like Venture Catalysts. The 2023 merger of his Delhi-based operations with his family's Nagpur arm consolidated the business into a multi-billion dollar enterprise, securing his position as one of India's wealthiest food tycoons.

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Quick Reads


Early Life and Background


Manohar Lal 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, Madhusudan 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.

Career Journey of Manohar Lal Agarwal


Manohar Lal 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. His structural contribution is tied to maintaining the brand's national dominance, expanding its range of snacks and sweets, and positioning the consolidated entity for future growth. Haldiram Snacks has also backed Venture Catalysts, an incubator, to invest in packaged foods startups.

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Manohar Lal Agarwal's Timeline


1937:

Grandfather starts the business in Bikaner, Rajasthan.

2023:

The Delhi and Nagpur family arms merge to create Haldiram Snacks Food Limited.

Ongoing:

Continues to run Haldiram Snacks with his brother.

Major Business Ventures and Investments


Manohar Lal Agarwal's wealth is concentrated in his family's ownership of the major consumer packaged goods company, Haldiram Snacks Food Limited.

  • Haldiram Snacks: Major manufacturer of savory snacks, sweets, and frozen foods.
  • Family Governance: Co-runs the business with his brother, Madhusudan Agarwal.
  • Financial Backing: The company has backed Venture Catalysts to invest in packaged foods startups.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He co-runs Haldiram Snacks, a major manufacturer of savory snacks and sweets.
  • The family business was originally started by his grandfather in 1937 in Bikaner.
  • In 2023, the family merged the Delhi and Nagpur operations to form Haldiram Snacks Food Limited.
  • Haldiram Snacks has backed Venture Catalysts to invest in packaged foods startups.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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