The billionaire Vijay Chauhan & family have a wealth estimated at $5 billion. Vijay Chauhan is the patriarch of the family that owns controlling stakes at Parle Products which is known for their glucose biscuits Parle G.
The biscuit company is owned by private investors. They make snacks and confectionery and that is how they generate most of their wealth because the biscuits generate more than $2 billion every year.
In 2021, the company expanded its products and introduced flour as well as cereals. The company has established factories in 8 countries including Mexico.
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