ITC completes 100 years

ITC is today the leading FMCG marketeer in India, the clear market leader in the Indian Paperboard and Packaging industry, the second largest hotel chain and a leader in establishing new benchmarks in Responsible Luxury, as well as the country’s foremost agri-business player pioneering rural transformation through its pathbreaking e-Choupal initiative.

One of ITC’s most important assets today is its pool of diverse core competencies residing in its various businesses. ITC’s hotels are at the vanguard of service excellence and are an embodiment of “Responsible Luxury”. As is well known India is grossly under-roomed and needs 50,000 rooms in the next 2 to 3 years. One of ITC’s greatest strength is that it is least affected by inflation. The company’s domination of India’s highly priced inelastic cigarettes business insulates it from the vagaries of inflation.ITC is growing very fast and may soon dominate Hindustan Unilever (HUL) in the FMCG and other businesses.

Advertisements

4 thoughts on “ITC completes 100 years

  1. Amit Singh

    Hey Sai..A couple of months back some one was mentioning that ITC will be the king in Rural MArket and also said that there is a multifold growth prospects for its Agribusiness. Would appreciate if you cpuld tell a bit more about the agri business of ITC.

    Anyway nice articles. I am liking em all

    1. Thank you Amit. Yes, ITC is going to overtake HUL if HUL continues in the same way.
      I will write an article about ITC agri-exports and why it is the biggest threat to HUL now.

  2. ranjeet kumar

    social responsibility is also one of the reason of sucess of ITC for deprived education.diversification into various business.its good to hear that it has completed 100 years.

Comments are closed.