[4][5][6] As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, Vijay Chauhan & family is ranked 34th with a net worth of $8.3 Billion.

He ran a bakery making bread, buns, rusks, scones, nankhatai, turnovers, etc.

The family saw an opportunity here and opened their own cold drinks business, which flourished because there was no competition.

It minted money from selling cold beverages like Gold Spot, Thums Up and Frooti, all of which became household names.

The original Parle company was split into three separate companies owned by the different factions of the original Chauhan family, with a majority of it owned by Parle Agro products.

[12] Apart from the original factory in Mumbai, Parle has manufacturing facilities at Kanpur (Uttar Pradesh), Neemrana (Rajasthan), Bengaluru (Karnataka), Hyderabad (Telangana), Kutch (Gujarat), Khopoli (Maharashtra), Indore (Madhya Pradesh), Pantnagar (Uttarakhand), Sitarganj (Uttarakhand), Bahadurgarh (Haryana), and Muzaffarpur (Bihar).