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What is ITC Limited mean?
ITC Limited is an Indian company headquartered in Kolkata, West Bengal. ITC has a diversified presence across industries such as cigarettes, FMCG, hotels, packaging, paperboards and specialty papers and agribusiness. The company has a total of 13 businesses in 5 segments. Also there are 90 countries where ITC exports its products. Its products are available in 6 million retail outlets.
Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974. The company now stands renamed to ITC Limited, where "ITC" today is no longer an acronym. The company completed 100 years in 2010 and as of 2019–20, had an annual turnover of US$10.74 billion and a market capitalisation of US$35 billion. It employs over 36,500 people at more than 60 locations across India and is part of the Forbes 2000 list. Within a relatively short span of time, ITC has built 25 mother brands, many of which are market leaders in their segments. This vibrant portfolio of brands represents an annual consumer spends of over H19,700 crore today. ITC’s world-class Indian brands anchor competitive and inclusive value chains that create, capture and retain larger value within the country.
referencePosted on 20 Dec 2024, this text provides information on Miscellaneous in NSE Company Symbol related to NSE Company Symbol. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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