Ram Dev & Co. established in 1921 by Lala Ram Dev as a proficient manufacturer and supplier of quality products in the spices industry. It quickly got recognized as a quality supplier of hing (asafoetida) products at affordable prices and built its name in the industry thereafter. 

After the reigns of the organization were handed to the next generation, the company evolved further and started providing a range of hing (asafoetida) products both in the wholesale and retail markets along with mastering the skills of hing (asafoetida) processing and production.