Deepak Agarwal, the Managing Director and Executive Director of Bikaji Foods International, is a prominent figure in the Indian food industry. As of December 10, the company boasts a market capitalization of Rs 21,430 crore. Deepak is the son of Shivratan Agarwal, the founder and chairman of Bikaji Foods, who has a net worth of USD 1.9 billion, according to Forbes.
Bikaji Foods’ Journey
Founded in 1986 as Shivdeep Products, the company combined the names of Deepak and his father. The Bikaji brand was launched in 1993. Deepak has been an integral part of the company since 2002, managing day-to-day operations and overseeing various plants and subsidiaries. He holds a Post Graduate Diploma in Management from SP Jain Institute of Management and Research, Mumbai.
A Strong Legacy in the Snack Industry
With over 21 years of experience in the food industry, Deepak has specialized in ethnic snacks and sweets. His leadership has been pivotal in maintaining the company’s strong presence. Bikaji Foods’ brand ambassador is Bollywood legend Amitabh Bachchan. Deepak’s great-grandfather, Gangabishan Agarwal, also founded the iconic Haldiram snack brand, further deepening his roots in the industry.
Family Ties and Growth
Deepak is married to Shweta Agarwal, a whole-time director at Bikaji Foods. She has been with the company since 2006. Bikaji Foods went public in November 2022, listing at an 8% premium to its IPO price. The company’s stock currently trades at Rs 854.80.
