ITC Limited's asset
ITC Limited

@itcportal.com

ITC is one of India's foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri Business and Information Technology.

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ITC Limited, headquartered in Kolkata, India, is a diversified conglomerate with interests in various sectors including consumer goods, hospitality, paperboards and packaging, agri-business, and information technology. Established in 1910 as the Imperial Tobacco Company of India, ITC began as a subsidiary of British American Tobacco. However, post-World War II, the company underwent significant changes and in 1970, it was renamed ITC Limited.


Since then, ITC has grown into a leading Indian conglomerate with a strong presence in the domestic and international markets. ITC's headquarters is located in Kolkata, West Bengal, India, and it operates through multiple divisions and subsidiaries. The company's main products include cigarettes, packaged foods, personal care products, apparel, stationary and gift items, and hotels.


On a global scale, ITC has made substantial progress, expanding its presence in various countries. The company operates in over 60 countries and has subsidiaries and joint ventures in countries such as the United States, Canada, UK, Australia, Egypt, and Singapore. Through its subsidiaries, ITC has also ventured into sectors such as information technology, branded apparel, and lifestyle retailing.


In terms of market position, ITC is one of India's largest FMCG (Fast Moving Consumer Goods) companies. It holds a prominent position in the Indian cigarette market with its flagship brand, Gold Flake. ITC is also a market leader in the Indian packaged foods industry with popular brands like Aashirvaad, Sunfeast, and Bingo.


Over the years, ITC has achieved several major milestones. It has received numerous awards and recognitions for its sustainability practices and social initiatives. The company's growth and success can also be attributed to its strategic acquisitions, partnerships, and diversification into new markets and sectors.


As of the latest available information, ITC continues to innovate and expand its product portfolio. It has recently launched new offerings in the packaged food segment, focusing on health and wellness. The company remains committed to sustainable business practices and has set ambitious environmental goals.


It is actively involved in rural development initiatives and has made significant investments in agri-business and renewable energy. In conclusion, ITC Limited is a diversified Indian conglomerate with a strong global presence. With its diverse product range, strategic acquisitions, and commitment to sustainability, the company has established itself as a leader in various industries.


Going forward, ITC aims to continue its growth trajectory by focusing on innovation and expansion into new markets and sectors

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