Professional Documents
Culture Documents
ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited. the name of the Company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 then I.T.C. Limited in 1974. The Company celebrated its 16th birthday on August 24, 1926 ITC's Packaging & Printing Business was set up in 1925 as a strategic backward integration for ITC's Cigarettes business.
In 1975 the Company launched its Hotels business with the acquisition of a hotel in Chennai which was rechristened 'ITC-Welcomgroup Hotel Chola'. In 1979, ITC entered the Paperboards business by promoting ITC Bhadrachalam Paperboards Limited, which today has become the market leader in India. In 1985, ITC set up Surya Tobacco Co. in Nepal as an IndoNepal and British joint venture. ITC's foray into the marketing of Agarbattis (incense sticks) in 2003 marked the manifestation of its partnership with the cottage sector. ITC introduced Essenza Di Wills, an exclusive range of fine fragrances and bath & body care products for men and women in July 2005.
NAKUL ANAND
P V DHOBALE
Kurush N Grant
ITC MISSION
To enhance the wealth generating capability of the enterprise in a globalizing environment, delivering superior and sustainable stakeholder value
stakeholders
FMCG
It is ITC's strategic intent to secure long-term growth by synergising and blending the diverse pool of competencies residing in its various businesses to exploit emerging opportunities in the FMCG sector.
ITC's Agri Business Division is the country's second largest exporter of agri-products. It currently focuses on exports and domestic trading of: