From Bikaner to the BSE, ethnic snacks makers or the 'Bhujia billionaires' have raked in consistent revenues, rich valuations and created wealth out of namkeen and mithai. But can these family-owned businesses continue to ride the snack wave amid intense competition, the health wave, governance challenges, inflation and regulatory scrutiny on nutrition? Can the namkeen and mithai empires withstand the inevitable winds of change, also at a time when consolidation is sweeping every sector. Host Ratna Bhushan talks to Deepak Agarwal, Managing Director at Bikaji Foods, Navroz Mahudawala -  MD at Candle Partners and Sachin Bhartiya, Partner at Lighthouse Funds to find out what’s ahead for the sector. Credits: Bikaji and Business Today. You can follow our host Ratna Bhushan on her social media:Twitter - https://mobile.twitter.com/ratnabhushanETLinkedin - https://www.linkedin.com/in/ratna-bhushan-aa83aa21 Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.