Peda is a traditional Indian sweet that embodies the rich confectionery heritage of the subcontinent. This beloved dessert is a family favorite at festivals, weddings, and celebrations.
Melt unsalted butter in a heavy nonstick skillet over medium-low heat, stirring constantly so it doesn’t brown.
Add sweetened condensed milk and whole milk powder. Mix thoroughly to form a smooth, lump-free mixture.
Reduce heat to low and cook the mixture, stirring frequently, for 10–12 minutes until it thickens, pulling away from the pan sides.
Sprinkle in ground cardamom and saffron threads. Stir well and cook for another 2–3 minutes until aromatic.
Turn off the heat. When the mixture cools just enough to handle, grease your palms lightly and shape into small balls or discs (about 40g each). Top each peda with chopped pistachios for garnish.
Allow the pedas to cool completely at room temperature before serving. Store in an airtight container.