Organisational Profile
Agri Business
ITC’s commitment to creating enduring value chains is evident in its strong farmer partnerships that have revolutionised and transformed the agricultural sector. ITC’s pioneering initiatives in the Indian agricultural sector has led to enhancement of farm productivity and empowerment of farmers. By promoting sustainable agricultural practices and providing efficient market access, ITC’s e-Choupal initiative is an example of how private sector initiatives can complement state interventions to create significant value for the farmer.
In order to enhance productivity and establish effective linkages to markets, ITC signed an MoU last year with Indian Agricultural Research Institute (IARI) for the transfer of new varieties of wheat seeds to farmers under Public Private Partnership (PPP).
ITC also initiated the ‘Market Based Partnership for Health’ programme on a pilot basis in alliance with the United States Agency for International Development (USAID). The programme specifically focussed on improving maternal and child health and hygiene. These initiatives will progressively transform the e-Choupal network into an all-weather venture – relatively de-risked from regulatory uncertainties and market volatility – even as it continues to provide strategic sourcing support to ITC’s Foods and other businesses.
Information Technology
ITC’s wholly owned subsidiary, ITC Infotech has today carved a niche for itself in the arena of global IT services and solutions with a robust outsourcing model, comprehensive suite of differentiated solutions & services and focus on excellence in execution. The company services a plethora of industries, including Banking Financial Services & Insurance (BFSI), Consumer Packaged Goods (CPG), Retail, Manufacturing, Engineering Services, Media and Entertainment, Travel, Hospitality, Life Sciences and Transportation and Logistics.The Business is focussed on providing Engineering and IT solutions to industries in Oil and Gas, Manufacturing, Consumer Goods and Transportation segments among others.
ITC Infotech’s capabilities also accrue from business critical engagements with leading organisations across 5 continents, and a service delivery footprint spanning over 140 countries.
Last year, the Business also set up branches in Hong Kong, France, Germany and South Korea. This was part of a selective expansion of market presence in high potential geographies to leverage market opportunities and also to serve as a measure of risk mitigation in the event of economic challenges in other markets.