Tolaram Group is a holding company headquartered in Singapore with diversified business interests in consumer goods, fintech, infrastructure and industrials.[1] It has a presence across Asia, Africa, Europe and South America.
History
Tolaram Group origins can be traced to the textile trade of Khanchand Vaswani, a Sindhi businessman, who established a shop in Malang, Indonesia in 1948.[2] The business subsequently expanded into textile manufacturing and distributing consumer goods. Tolaram relocated its headquarters to Singapore in 1975[3] and began exporting to Africa in the late 70s.
Consumer goods
In 1988, Tolaram Group began exporting to Nigeria instant noodles manufactured by Indofoods of the Salim Group of Indonesia and Maggi of the Nestlé brought by Indofood as well as its joint venture in Indonesia.