ITC completed its Centenary on the 24th of August, 2010.
The ITC story is one of transformation from a single product company to one of India’s largest multi-business corporate enterprises in the private sector. This long and inspirational journey of challenge and change has led to the creation of a national asset in the form of an exemplary Indian enterprise.
Today, ITC has created multiple drivers of growth with a diverse portfolio of Businesses spanning Fast Moving Consumer Goods (FMCG), Paperboards, Paper & Packaging, Hotels, Agri Business and Information Technology. Its aspirations are matched by a formidable array of enterprise capabilities - deep consumer insights, international quality products, globally contemporary business processes, excellent trade marketing and distribution, world-class human capital, investments in cutting edge R&D.
The strategic choices made by its leadership over the years, the untiring efforts of its dedicated human capital, the support of its shareholders, and the trust of millions of consumers and its partners have today transformed ITC into a US $ 7 billion Company with a Market Capitalisation of over US $ 33 billion.
ITC has been rated among the World's Best Big Companies, Asia's 'Fab 50' and among India's Most Valuable Companies by Business Today. It has been ranked as the world’s 6th largest 'sustainable value creator' among consumer goods companies globally, according to a report by the Boston Consulting Group (BCG).
Inspired by a larger national purpose to build societal capital, ITC’s Businesses have contributed significantly in enhancing the natural resource base and opportunities for sustainable livelihoods.
ITC is the only enterprise in the world, of comparable size to be carbon positive (6 years in a row), sequestering twice the amount of carbon it emits; water positive (9 consecutive years), creating two times more rainwater harvesting potential than the net consumption by the Group; and is solid waste recycling positive (for the last 4 years). ITC’s businesses help in generating more than 5 million livelihoods across value chains that touch the lives of many who live at the margin in rural India. |
Powering Growth with Multiple Business Drivers