The cover of this year's Report and Accounts features ITC's corporate logo visually enhanced with photographs that represent multiple dimensions of the Company. ITC is committed to creating growing value for its stakeholders and the pyramidal form of the logo signifies the endless pursuit of this singular goal...
It is both with a sense of pride and profound sadness that I write to you today at a very solemn moment in the Company's history. A deep sense of honour, as I embark on a journey to lead this exemplary Company as its Chairman & MD, and yet at a time when we grieve the loss of a guiding light for the ITC family of stakeholders, our former Chairman Mr YC Deveshwar...
The strategy to pursue multiple drivers of growth across all 3 sectors - agriculture,
manufacturing and services, has led to ITC's journey of transformation from a single product company to a multi-business corporation, with market leadership in several segments.
Gross Sales Value*₹ 75309 crfor the year ended 31st March, 2019
ITC's contribution to the Central and State Governments represents about 80% #of Value-Added during the year
Total Shareholder Returns CAGR since 1996 22.3%(as in March, 2019)
ITC's FMCG products reach 124million households in India
* Gross Sales Value includes GST, GST Compensation Cess, Service Tax, VAT, Luxury Tax etc., as applicable for the reported periods # Including dividend paid and retained earning attributable to Government-owned institutions
ITC's commitment to create value for India is also manifest in its investments
in the development of world-class manufacturing and hospitality assets that
contribute to the Company's competitiveness, whilst enhancing the country's
long-term intellectual property.
An investment outlay of ₹ 25,000 crore has been envisaged to support creation
of several Integrated Consumer Goods Manufacturing & Logistics facilities
for its FMCG businesses, in building iconic luxury hotels and in strengthening
distribution and agri-backend.
ITC's leadership position in the value-added Paperboards segment in India is anchored on the popularity of its array of brands that caters to a wide spectrum of innovative packaging, graphic and communication requirements.
ITC Hotels is one of India's largest and
fastest growing luxury hotel chains offering
comprehensive hospitality solutions
through more than 100 iconic hotels in
over 70 destinations in the country. With
'Responsible Luxury' as its guiding premise...
ITC's strong portfolio of world-class brands and products is supported by cutting-edge research and development executed by the globally benchmarked, state-of-the-art ITC Life Sciences and Technology Centre (LSTC) in Bengaluru.
The Directors present the Business Responsibility Report of the Company for the financial year ended on 31st March, 2019, pursuant to Regulation 34(2)(f ) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company also publishes annually, a comprehensive Sustainability Report, based on the Global Reporting Initiative (GRI) Standards and an Integrated Report, based on the International <IR> Framework developed by the International Integrated Reporting Council (IIRC)...
The CII-ITC Centre of Excellence for Sustainable Development,
established by ITC in 2006 in collaboration with the
Confederation of Indian Industry (CII), continues with its
value added initiatives to create awareness, provide thought
leadership, build capacity and award exemplary performance
in the area of sustainability. It is steered by its Advisory Council
and comprises members from industry, civil society and
institutions, which provides strategic direction to
the organisation.
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FMCG
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Agri 
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Paperboards and 
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