ITC is one of India's foremost private sector
companies with a market capitalisation in excess of US $ 10 billion and a turnover of more
than US $ 3 billion. Rated among the Worlds Leading Companies by Forbes magazine,
ITC ranks fifth in terms of Gross Sales, third on all major profit parameters (including
pre and post tax, as well as, cash profit), and sixth in terms of market capitalisation
among Indias private sector corporations. ITC has a diversified presence in
Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri Business, Branded
Apparel, Packaged Foods & Confectionery, Greeting Cards and other FMCG Products. While
ITC is an outstanding market leader in its traditional businesses of Cigarettes, Hotels,
Paperboards, Packaging and Agri-Exports, it is rapidly gaining market share even in its
nascent businesses of Branded Apparel, Packaged Foods & Confectionery, and Greeting
Cards & Stationery.
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The strengthening competitive capability of
ITCs businesses has enabled the Company to sustain superior performance over the
years. The focus on nurturing strategic capability is rapidly positioning each business to
garner a growing share of the exciting market opportunities unfolding in the Indian and
global markets.
It is a measure of the continued trust reposed in the Company by its consumers that
ITCs brands today account for the top two FMCG brands in the country.
ITCs strategic commitment to the Hotels business, even during the downturn that
beset the tourism industry for nearly 4 years, enabled the addition of 5 world-class
properties at the premium end of the market. ITC has embarked on an aggressive
investment-led growth plan to position ITC Welcomgroup as the leading hotel chain in
India.
The continuing strong growth in the Paperboards, Paper and Packaging segment is driven
by capacity expansion, technology upgradation and a unique forestry programme for improved
availability of high quality fibre. This business is now poised to make decisive strides
towards establishing itself as a major player in the Afro-Asian region. |
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