ITC's Foods Business is strategically acquiring brands like Yoga Bar and 24 Mantra Organic to fuel growth and tap into high-potential categories. This aligns with the 'ITC Next' strategy, focusing on health, convenience, and premium offerings to cater to evolving consumer preferences. ITC aims for premium categories to outpace overall FMCG growth, driven by health-conscious consumers across India.
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https://timesofindia.indiatimes.com/business/india-business/itc-bets-on-buyouts-to-grow-food-business/articleshow/121714097.cms