NEPALESE TYCOON BINOD CHAUDHARY WHO SOLD WAI WAI' PLANS TO LIST INDIA UNIT BY 2026
The Business Guardian|April 16, 2024
The firm, boasting a 28% share in the local instant noodles market and generating an annual revenue of 8 billion rupees 96.2 million), is in preliminary talks regarding its listing shine. The aims is toachievea 15% revenue growth this year.”
NEPALESE TYCOON BINOD CHAUDHARY WHO SOLD WAI WAI' PLANS TO LIST INDIA UNIT BY 2026

Nepalese billionaire Binod Chaudhary, who made his fortune selling instant noodles, is seeking to list his conglomerate Chaudhary Group's India food unit by 2026.

The Gurgaon-based firm, known for its Wai Wai brand of noodles that rivals market leader Maggi from Nestle Ltd. and ITC Ltd.'s Yippee, "would be ready to go for a sizable listing" in the next two years after rolling out new products and acquiring smaller firms in the noodle-related industry, Manvendra Shukla, global chief executive officer at CG Foods India Pvt., said in an interview.

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