Shweta Agarwal, the whole-time director of snacks manufacturer Bikaji Foods, is a shining example of a woman entrepreneur playing a key role in a family business. With over 16 years of experience in the food industry, including ethnic snacks and sweets, Shweta has been a driving force behind Bikaji Foods’ success. Appointed as director in November 2006, she has been instrumental in shaping the company’s growth trajectory.
Shweta is the daughter-in-law of Shiv Ratan Agarwal, the promoter and chairman of Bikaji Foods. Shivratan established the Bikaji brand in 1993, and today, the company boasts a market cap of Rs 17750 crore (as of July 25). According to Forbes, Shivratan holds a real-time net worth of Rs 13390 crore. His son, Deepak Agarwal, is the company’s promoter and managing director, and Shweta is married to him.
Shweta’s academic background is impressive, holding a Bachelor’s degree in Arts and a Master’s degree in Arts (English) from Maharshi Dayanand Saraswati University, Ajmer. Her expertise in market development, brand management, and product innovation has been crucial to Bikaji Foods’ success.
In February 2024, Shweta was reappointed as the whole-time director for a three-year term. Beyond her role at Bikaji Foods, she also serves as a director on the boards of several associated companies, including Bikaji Mega Food Park Private Limited, Hanuman Agrofood Private Limited, and Petunt Food Processors Private Limited.
In the first quarter ending June 2024, Bikaji Foods reported a significant 40.2% increase in its consolidated net profit, reaching Rs 58.06 crore. Revenue from operations also saw a substantial 15.24% growth, reaching Rs 555.12 crore in the June quarter, compared to Rs 481.68 crore the previous year. Shweta Agarwal’s dedication and expertise continue to contribute significantly to Bikaji Foods’ remarkable growth and success in the competitive snack food market.
