- Business
- ITC Limited (ITC.NS) is an Indian multinational conglomerate engaged in fast-moving consumer goods, hotels, paperboards and specialty papers, packaging, agri business, and information technology services. The company manufactures and markets cigarettes and cigars; a wide range of foods including staples, spices, biscuits, confectionery, gums, snacks, noodles, pasta, beverages, dairy products, ready-to-eat meals, chocolates, coffee, and frozen foods; personal care products; education and stationery items such as pens, pencils, geometry boxes, erasers, crayons, and sketch pens; safety matches; and agarbattis and dhoops under various brands including brands like Aashirvaad, Sunfeast, Bingo, Yippee, YiPPee!, Sunbean, ITC Master Chef, Fiama, Engage, Vivel, Nimyle, AIC, B natural, ITC Infotech, Classmate, Paperkraft, and Wills Lifestyle; paperboards such as virgin, recycled, coated barrier, cupstock base, liner, liquid packaging, antifungal, solid, and graphic boards; specialty papers including surfacing, print base, barrier, overlay, liner papers, and plastic substitution products; packaging solutions comprising cartons, flexible, tobacco, and green packaging products; agri exports of feed ingredients, food grains, marine products, processed fruits, coffee, leaf tobacco, and spices; hotel operations under brands like ITC Hotels, Welcomhotel, and Fortune; and IT services for banking, financial services, healthcare, manufacturing, consumer goods, travel, and hospitality sectors. Founded in 1910 and headquartered in Kolkata, India, ITC operates primarily in India with exports to nearly 90 countries and maintains manufacturing facilities across multiple locations. Recent developments include the acquisition of Blazeclan Technologies for up to Rs 485 crore in October 2024 through ITC Infotech to bolster cloud services; completion of the Rs 472.50 crore acquisition of Sresta Natural Bioproducts, owner of the 24 Mantra Organic brand, in June 2025 to expand in organic foods; announcement of a Rs 20,000 crore investment in manufacturing expansion across sectors as stated at the 2025 AGM; plans by ITC Hotels to grow to over 220 hotels with more than 5,900 additional rooms by 2030, including the launch of the premium Epiq Collection brand; and strategic agreements for acquiring shares in Ample Foods Private Limited and Meat and Spice Private Limited in February 2025, alongside the pulp and paper undertaking of Aditya Birla Real Estate Limited in March 2025.