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Shivratan Agarwal

Shivratan Agarwal

S. Agarwal
-0.34% | - $-4.62M
$1.34 B ₹ 12,191 Cr
Real Time Net Worth #2712 Ranking as of 21 Feb 2026 By Forbes

More on Shivratan Agarwal

Gender

Male

Age

84Y

Country

India

Born On

January, 1942

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Family Wealth

Primary Organization

Haldiram'S Snacks

Titles

Owner

Sources of Wealth

Haldiram'S Snacks

Industry

Food & Beverage, Consumer Goods, Restaurants, Retail

About Shivratan Agarwal


S hivratan Agarwal is an Indian billionaire who is the patriarch of the family that owns and runs the Haldiram's Snacks business based in Nagpur. The Haldiram's brand has a history dating back to a small shop in Bikaner, Rajasthan, in 1937. The business was expanded by various branches of the founding family. The Nagpur-based arm of the family's business has grown into a massive and highly successful enterprise with a strong presence in western and southern India.

The company is a major producer of a wide range of traditional Indian sweets and savory snacks, such as bhujia. It also operates a popular chain of quick-service restaurants and sweet shops. The family's vast fortune is derived from their ownership of this iconic, privately held food empire. He has been a key figure in the company's long-term strategy and its successful expansion across its key markets.

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Quick Reads


  • His family owns and runs the Nagpur-based Haldiram's Snacks business.
  • Haldiram's is one of India's most iconic snack brands.
  • The company is famous for its traditional Indian sweets and savories like bhujia.
  • Also operates a large chain of quick-service restaurants.
  • The business remains privately held by the Agarwal family.

Early Life and Background


Shivratan Agrawal is an Indian businessman, the self-made billionaire Executive and a major shareholder of Haldiram's (Nagpur/West), a major Indian snacks and sweets manufacturer and retail chain. His wealth is generational, tied to the industrial and food empire founded by his great-grandfather, the Agarwal family, in 1937.

Agrawal's career is defined by entrepreneurial audacity and scale manufacturing in the F&B (Food & Beverage) sector. His philosophical approach centers on scale, brand authenticity, and long-term commitment to traditional Indian cuisine (pioneering the packaged Indian snack model). He controls the Nagpur/Western India branch of Haldiram's (following a family split), expanding it aggressively.

  • Haldiram's (Nagpur/West) (Executive & Shareholder): The core private asset, a massive manufacturer and retailer of snacks, sweets, and ethnic foods (dominating the Western Indian market).
  • Food Pioneer: His success is built on scale manufacturing and dominating the domestic and international market for affordable, branded Indian snacks (Namkeen).
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and supply chain and leveraging the massive Indian consumer growth story.
  • Family Governance: The Haldiram's empire is split into three separate family entities (Delhi/North, Nagpur/West, Kolkata/East).

Career Journey of Shivratan Agarwal


Shivratan Agrawal's strategic genius was his commitment to brand quality and mass distribution. He assumed control of the Nagpur/Western India branch of Haldiram's and successfully expanded it into a major force by focusing on scale manufacturing and modern packaging. His structural contribution is immense: pioneering the modern, packaged Indian snack model that transformed the Indian FMCG sector.

His wealth is secured by the colossal, long-term, stable profitability of the global food processing and consumer staples sector.

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Shivratan Agarwal's Timeline


1993 (approx.):

Shivratan Agrawal assumes leadership of the Nagpur/West branch of Haldiram's (Founding/Family Split).

2000s:

Haldiram's (Nagpur) expands aggressively into international markets (Global Expansion).

Ongoing:

Continues as Executive, guiding the massive agri-food giant (Executive Oversight).

Major Business Ventures and Investments


Shivratan Agrawal's wealth is concentrated in his founding equity and continued executive leadership of the private food giant, Haldiram's (Nagpur/West), and his private investments.

  • Haldiram's (Nagpur/West) (Executive & Shareholder): The core private asset, a massive manufacturer and retailer of snacks, sweets, and ethnic foods (dominating the Western Indian market).
  • Food Pioneer: His success is built on scale manufacturing and dominating the domestic and international market for affordable, branded Indian snacks (Namkeen).
  • Investment Strategy: His philosophy is rooted in long-term investment in industrial assets and supply chain and leveraging the massive Indian consumer growth story.
  • Family Governance: The Haldiram's empire is split into three separate family entities (Delhi/North, Nagpur/West, Kolkata/East).

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Philanthropy and Social Impact


Shivratan Agrawal's social impact stems from Haldiram's role as a massive industrial employer and provider of essential food products and snacks for millions of Indian households. The company contributes significantly to national industrial output and food security. His personal philanthropy supports various community and educational initiatives.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Shivratan Agrawal maintains the professional, pragmatic style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits or traditional Indian business attire. His aesthetic reflects serious authority and stability, typical of a leader in the specialized agri-food sector.

Residing in Nagpur, India, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, brand management, and strategic investment.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is an executive and major shareholder of Haldiram's (Nagpur/West), the dominant Indian snacks and sweets manufacturer in Western India.
  • The original Haldiram's empire was split into three separate family-run entities.
  • His company pioneered the modern packaged Indian snack (Namkeen) market.
  • His fortune is tied to the successful monetization and scale of the Indian consumer staples sector.
  • His philosophy emphasizes brand authenticity and scale manufacturing.

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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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