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Posts Tagged ‘ITC’

TC is one of India’s foremost private sector companies with a market capitalisation of over US $ 22 billion and a turnover of US $ 6 billion.* ITC is rated among the World’s Best Big Companies, Asia’s ‘Fab 50′ and the World’s Most Reputable Companies by Forbes magazine, among India’s Most Respected Companies by BusinessWorld and among India’s Most Valuable Companies by Business Today. ITC ranks among India’s `10 Most Valuable (Company) Brands’, in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia’s 50 best performing companies compiled by Business Week.

ITC has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business, Packaged Foods & Confectionery, Information Technology, Branded Apparel, Personal Care, Stationery, Safety Matches and other FMCG products. While ITC is an outstanding market leader in its traditional businesses of Cigarettes, Hotels, Paperboards, Packaging and Agri-Exports, it is rapidly gaining market share even in its nascent businesses of Packaged Foods & Confectionery, Branded Apparel, Personal Care and Stationery.

Major corporate events (Milestone)
Year Events

1910 ITC incorporated as Imperial Tobacco Company of India Limited
1974 Ownership progressively localised, and the name changed to ITC Limited
1975 Launches hotel business with the acquisition of a hotel in Chennai, renamed ITC Welcomgroup Hotel Chola
1979 ITC enters the paperboard business by establishing ITC Bhadrachalam Paperboards Limited
1985 ITC establishes Surya Tobacco in Nepal as a joint venture with the Soaltee group
1990 Acquires Tribeni Tissues Limited, a specialty paper manufacturing company and a major supplier of tissue paper to the cigarette industry
1990 Sets up an international business division for the export of agri-commodities
2006 Acquires Wimco through its subsidiary company, Russell Credit Ltd

ITC-Organisation Chart