- Initially core business was Cigarettes manufacturing and distribution.
- Right now diversified into FMCG and Hotels.
- Over last 10 years turnover has grown 4.4 times.
- FMCG Business has grown 14 times in last 9 years.
- FMCG Business includes branded packaged foods, personal care products, education and stationary pdts, life style retailing, incense sticks and safety matches.
- Plans to foray into dairy and beverages segment.
- Has set a revenue target of Rs,100,000 Cr from FMCG business over next 15 years. Right now the revenue from FMCG is Rs.8100 Cr.
- India;s consumption expenditure in CY 2010 is US$ 991 million. Expected to touch US$ 3.6 billion in CY 2020, when india will account 5.8% of global consumption Vs 2.7% now. - Source Boston Consulting Group.
- Right now 65 new projects are under implementation at an estimated capital investment of Rs.25,000 Cr.
Thursday, August 28, 2014
ITC : Indian Tobacco Company
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment