What is the full form of ITC ?

Answer:

Itc Definition: ITC Full Form: Indian Tobacco Company, International Trade Center

Itc Description:
ITC is a popular acronym that has two full forms, one is related to a famous company and another is related to the economy. Let’s look at both –
let’s talk about the ITC full form as a company-
ITC refers to Imperial Tobacco Company of India Ltd. Which is its former name now it is changed to Indian Tobacco Company since the company transfer into the Indian environment. ITC was established on August 24, 1910.
About ITC and History
ITC was formerly known as Imperial Tobacco Company of India Limited. As it started progressing it was renamed Indian Tobacco Company in 1970.
This multinational conglomerate company is known as I.T.C limited since 1974. It has headquartered in Kolkata, West Bengal.
It is a diversified conglomerate which produces products for the various consumer such as consumer goods, apparel, cigarettes, personal care, etc.
ITC began its manufacturing business in 1979 through paperboards, packaging, and printing.
I.T.C. is one of the leading and foremost private conglomerates, that have a business in different sectors that include Fast-moving consumer goods, Agri-culture business, Cigarettes and Cigars, Information Technology, Hotels, Stationery Products, Branded Apparels, Personal care, Incense Sticks and Safety Matches, Paperboards and Packaging, etc.
ITC has famous personal care brands like – Fiama Di Wills, Vivel, Savlon Soap and Handwash, Essenza Di Wills, Superia and Engage, etc.
ITC owns a broad range of famous and popular brands. Some of the most trusted and well-known brands of ITC are – Gold Flake, Players, Insignia, India Kings, Bristol, Flake, Silk Cut, American Club, Navy Cut, Scissors, Capstan, Berkeley, Classic, Duke and Royal, Ashirvaad, etc.
Is ITC an Indian company?
ITC was established as a British-owned company but through the years it progressed and now is recognized as an Indian multinational company.
No, TATA is not the sole owner of ITC. The largest shareholder in ITC is British American Tobacco plc which owns 29.4% shares in ITC.
Now let’s look at the other full form of ITC which is associated with the economy.
ITC refers to the International Trade Centre. It is a polygonal organization having a mutual mandate with the World Trade Organization (WTO) and the United Nations (UN).
This mandate came in form after the United Nations Conference on Trade and Development (UNCTAD).
ITC promotes the idea of international trade to flourish the world economy