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How Haldirams Went From ₹0 to ₹60,000 Crores | Business case study | tbh Analytics Table
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About How Haldirams Went From ₹0 to ₹60,000 Crores | Business case study | tbh
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In this video, we explore the incredible journey of Haldiram, a brand that began as a small sweet shop in Bikaner and has now achieved a staggering valuation of 60,000 crores with a revenue of 12,500 crores last year. To put this into perspective, global giants like Domino's and McDonald's made 5200 crores and 2200 crores respectively in India. Despite the prominence of these international brands, we often overlook the remarkable success of Indian brands like Haldiram. Haldiram's journey began in the 1920s with a young boy named Sri Ganga Bhishan Agarwal, fondly known as Haldiram. Starting in his grandfather's bhujia shop, he revolutionized the snack industry with innovative changes that made his bhujia stand out. By using Moth Ki Dall instead of besan and creating a crispier texture, he transformed a common snack into a premium product, charging a higher price and creating a unique brand value. Over the decades, Haldiram's grandsons expanded the business to Kolkata, Nagpur, and beyond, introducing new products and adapting to local tastes. From savory snacks to delightful sweets, Haldiram's became a household name. Their innovative strategies, such as vibrant packaging and extensive distribution networks, helped them dominate the market. Despite facing family disputes and legal battles over trademarks, Haldiram's continued to grow. By the fiscal year 2013-2014, their revenues had soared to over 3,500 crores, surpassing the combined revenue of Domino's and McDonald's in India. Today, Haldiram's is valued at $3 billion, with its products available in over 100 countries worldwide. Join us as we delve into the fascinating story of Haldiram's rise to success, exploring their smart business tricks, market strategies, and the legacy built by three generations of the Agarwal family. If you enjoyed this video, make sure to give it a like, share your thoughts in the comments, and subscribe for more amazing content in the future. Timestamps: 0:00 Introduction 1:20 Haldiram's Humble Beginnings 3:45 The Key Innovations 6:10 Expansion to Kolkata and Beyond 9:25 Overcoming Market Challenges 11:45 Strategic Packaging and Distribution 14:30 Family Disputes and Legal Battles 16:40 Unmatched Market Success 19:00 Conclusion and Key Takeaways
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