ITC Limited Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of ITC Limited ?
ITC Limited is a large company in India that offers a wide range of products and services in different sectors. The company works in areas like Fast-Moving Consumer Goods (FMCG), hotels, paperboards, packaging, agriculture, and information technology (IT). Here’s a closer look at ITC Limited's main products and services:
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1- FMCG Products
ITC is a major player in the Fast-Moving Consumer Goods (FMCG) market, which includes:
- Cigarettes & Tobacco: ITC dominates India’s cigarette market with popular brands like Gold Flake, Classic, and Wills Navy Cut.
- Food Products:
a. Staples: The Aashirvaad brand offers atta (flour), salt, and spices.
b. Snacks & Confectionery: Brands like Bingo! (snacks), Sunfeast (biscuits, noodles) and Candyman (sweets) are part of ITC's food portfolio.
c. Dairy Products: Under Aashirvaad Svasti, ITC offers dairy items like ghee and curd.
- Beverages: ITC makes B Natural juices and Soybean coffee.
- Personal Care Products: ITC offers soaps, shampoos, and perfumes under brands like Fiama, Vivel, and Engage.
- Education & Stationery: ITC provides notebooks, pens, and other school supplies through Classmate.
- Agarbattis and Matches: ITC sells Mangaldeep incense sticks, but there are no matches.
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2- Hotels
- ITC runs luxury and business hotels in India under the ITC Hotels brand. These hotels focus on eco-friendly practices and provide high-quality hospitality services.
- The company also manages WelcomHotels and Fortune Hotels, serving both upscale and mid-tier customers.
3- Paperboard and Packaging
- Paperboards: ITC makes high-quality paperboards for various industries.
- Packaging: It offers eco-friendly and creative packaging solutions for sectors like FMCG, pharmaceuticals, and food.
- Printing: ITC provides advanced printing services for packaging materials and labels.
4- Agri-Business
ITC is a major player in India’s agri-sector, involved in:
- Commodity Trading: ITC trades wheat, rice, coffee, and other farm products.
- e-Choupal: This program connects farmers to markets online, giving rural areas real-time information and direct access to buyers.
- Aqua Products: ITC exports seafood, especially shrimp, to markets around the world.
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5- Information Technology (IT)
Through its subsidiary, ITC Infotech, ITC offers:
- Technology Solutions: They offer software development, digital transformation, and AI services.
- Consulting: ITC Infotech gives business and IT advice to clients in banking, manufacturing, and healthcare.
6- Lifestyle Retailing (Formerly)
- ITC used to sell premium clothing through its brand, Wills Lifestyle but has stopped doing so.
7- Sustainability Initiatives
ITC is known for its dedication to sustainability. It works hard in several key areas:
- Afforestation: Big tree planting programs to get sustainable materials.
- Water & Energy Conservation: Use eco-friendly methods in hotels and factories.
Q2. Who are the Promoters/Management of ITC Limited ?
There is no Shareholding details of Promoters.
Sanjiv Puri is the Chairman and Managing Director of ITC Limited. Puri was appointed as a whole-time director on the Board of ITC on December 6, 2015 and chief executive officer in February 2017. Later he was re-designated as managing director in May 2018.
He pursued his graduation from Indian Institute of Technology, Kanpur. He is also an alumnus of the Wharton School of Business, USA.
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