List of Companies owned by ITC
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.
Table of Content
- ITC Company Highlights
- ITC Company History
- ITC Company Business List
- Top Companies Owned by ITC Company
- ITC Limited Subsidiaries
- FAQs
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.
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