Open In App

List of Companies owned by ITC

Last Updated : 13 Mar, 2024
Improve
Improve
Like Article
Like
Save
Share
Report

ITC Limited which also stands for Indian Tobacco Company Limited, is among the leading multi-industry companies in India with multiple business interests including FMCG (Fast-Moving Consumer Goods), agribusiness, hotels, and paperboard to packaging. The company has been around since 1910 and it has evolved into a celebrated global enterprise known for its exceptional quality, sustainability, and corporate social responsibility. This article explores ITC’s strengths, history, businesses as well as subsidiaries thereby highlighting its incredible odyssey in the corporate world.

ITC Company Highlights

Year Of Establishment

1910

Headquarters

Virginia House, Kolkata, West Bengal, India

ITC Founder

British-owned company registered in Kolkata

Key People

Sanjiv Puri (Chairman & MD)

Market Capitalization

~$62.42 Billion

Revenue

69480.89 Crores (FY 22-23)

Number Of Countries

90 Countries (6 million retail outlets) and 60 Locations in India

ITC Company History

Since its establishment in 1910 as a Private Limited Company under Imperial Tobacco Co. of India Ltd, the company has undergone a remarkable journey of expansion and diversification, the company has ventured into various sectors, including tobacco manufacturing, hotels, packaging, etc.

The company’s growth has been marked by clever deals, brand launches, and attempts to address growing market trends. Notable achievements include the acquisition of manufacturing companies, entry into the hotel industry, the development of new brands such as Wills Flake Premium Filter and Scissors Filter, and diversification into lifestyle retailing with the launch of Wills Sport. Furthermore, ITC has made major contributions to social and environmental causes, such as campaigns to promote cleanliness and sustainability. ITC is one of India’s top FMCG firms, showing its long-standing dedication to excellence and innovation across multiple sectors

ITC Company Business List

ITC’s business operations are segmented into multiple divisions, including:

FMCG: Leading brands in categories such as cigarettes, packaged foods, personal care, and stationery.

  • Cigarettes & Cigars
  • Foods
  • Personal Care
  • Education And Stationery
  • Safety Matches
  • Agarbattis & Dhoop

Agribusiness: Engaged in sourcing, processing, and exporting of agricultural commodities.

  • Agri Commodities & Rural Services
  • Agri-Business-ILTD
  • e-Choupal
  • ITC Analytical Services

Hotels: Owns and operates luxury hotels under the ITC Hotels brand.

Paperboards and Packaging: Manufacturer of paperboards, specialty papers, and packaging solutions.

Information Technology: IT services provider solutions.

Top Companies Owned by ITC Company

Company Name

Founded

Founder and CEO

Experience

ITC HOTELS

1975

Anil Chadha

Renowned for luxury hospitality

ITC Foods

2001

Hemant Malik

Offers a diverse range of packaged foods

ITC Infotech

2000

Sudip Singh

Leading global IT services company

ITC Agri-Business

1970

S Ganesh Kumar

Major player in the agribusiness sector

ITC Paperboards

1979

Vadiraj Kulkarni

Manufacturer of quality paperboards

ITC Packaging

1982

SN Venkataraman

Provider of innovative packaging solutions

ITC Limited Subsidiaries

Principal Subsidiaries of ITC:

Company Name

Industry

ITC Infotech

Technology

Srinivasa Resorts Limited

Hospitality

Surya Nepal Private Limited

Cigarettes, Safety Matches, Agarbatti and Confectionary

Fortune Park Hotels Limited

Hospitality

Landbase India Limited

MCA Provider

Welcomhotels Lanka (Private) Limited, Srilanka

Hospitality

Russell Credit Limited

Investment Company

Technico Pty Limited

Supply Chain Solutions

Conclusion

ITC Limited has emerged as a powerhouse in the Indian corporate landscape, driven by a commitment to excellence, sustainability, and social responsibility. With a diverse portfolio spanning multiple industries, ITC continues to innovate and expand its presence both domestically and internationally. Its relentless focus on quality and customer satisfaction has earned it a formidable reputation in the global market.

FAQs

Q1. What are some of ITC’s flagship brands?

Some of ITC’s flagship brands include Aashirvaad, Sunfeast, Bingo!, Classmate, Fiama, and Vivel.

Q2. Is ITC actively involved in sustainability initiatives?

Yes, ITC has a strong focus on sustainability and has implemented various initiatives to reduce its environmental footprint and promote social welfare, including water conservation, renewable energy utilization, and community development programs.

Q3. What are the Core Values of ITC?

ITC’s core values aim to develop a customer-focused, high-performance organization that creates value for all stakeholders.

Q4. How does the Company effectively manage a highly diversified business portfolio?

ITC manages its diversified business portfolio through a corporate governance structure that focuses on key elements of its strategy, financial performance track record, transformation in the FMCG-Others segment, distribution channels, and more.



Like Article
Suggest improvement
Share your thoughts in the comments

Similar Reads