Competition is very important in every business because if it is not there then there becomes dominance of a single company and this is not a good thing because in such a case things become one-sided and a single company books all the profit if this happens then only one company can make a profit and other companies are not able to come into the off sector. It becomes a centralized business when a single company is dominant as we can see that a single company is dominant on social media. It keeps on buying small companies so that its dominance remains intact.
This happens in every sector. If you see, big companies acquire small companies so that their dominance remains intact. This happens in every sector, no matter which one it is and you can take the example of any company. When small startups open, their history is unique and they come with many different things if people like their idea, they become popular very quickly and they do not even need to do much marketing. But this does not happen with everyone. It takes a lot of time to grow a company. If you are already a big company, then you can maintain your purchase by purchasing small startups and you can maintain your dominance by buying small startups at very low prices.
By the way, the snacks industry is very big and there are many companies here. No matter where you live, in the end, people want more things in less money and if you give good quality and more quantity in less money then it becomes natural for your company to run. Today I am talking about a very famous company which is from India, Haldiram. Haldiram is a very old company. Earlier it was in a few cities of India but gradually it has expanded its business and is generating very good revenue. Many big investment firms or should I say companies compete to buy from but it does not want to sell itself and want to establish their own business on own they have been persistent in doing so and is gradually expanding their businesses and this is a very good method and India is a very big business and it also seals with foreign companies or it is also a good thing, along with that they have also kept India doing business if they get time to do this for a few more years then I am sure that the big foreign companies will also do this and it is necessary here because their dominance has been there for many years.
The best thing they have done is focusing more on quality and quantity, which is very important. In the coming time, their dominance will increase even more and generate very good revenue. Perhaps in the coming time, they can also bring their IPO and if this happens then it will probably give a lot of profit to the investors.
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