Bikaji Foods Ltd company said that their beloved MD Shiv Agrawal, chairperson of Bikaji Foods, died on 23rd April. Shiv Agrawal laid the foundation of Bikaji Foods and spread the traditional sweets and snacks segment across India and at the global level. The company did not disclose the reason for his death, but he was feeling uneasy and was rushed to a private hospital in Chennai. Shiv Agrawal's wife went through heart surgery, and they were staying in a hotel in Chennai as the doctor had asked for her rest.
Company Market Positioning
Bikaji Foods is part of India's packaged foods segment with a steady expansion in urban areas, and the company competes with the national and regional players in the sweet and snack segment. Bikaji Foods laid the foundation in 1993 and has been supported by the rising demand for packaged traditional snacks and exports at the global level with a large Indian diaspora globally.
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