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ITC Reviews

Kolkata, West Bengal

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ITC Limited, established on August 24, 1910, as the Imperial Tobacco Company of India Limited, is one of India's foremost private sector conglomerates. Headquartered in Kolkata, West Bengal, the company underwent several name changes—renamed India Tobacco Company Limited in 1970 and I.T.C. Limited in 1974—before officially becoming ITC Limited in 2001, signifying its transformation from a pure tobacco enterprise into a highly diversified multidimensional corporation. Today, ITC operates across a wide spectrum of industries, primarily organized into five core business segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards and Packaging, Agri Business, and Information Technology. In its cornerstone FMCG segment, ITC is a dominant market leader. While historically recognized as India's largest cigarette manufacturer and seller, generating a substantial portion of its operating revenue from tobacco brands like Gold Flake, Wills Navy Cut, and Classic, the company has strategically expanded its non-cigarette portfolio. It has built a vibrant stable of over 25 world-class mother brands spanning packaged foods, personal care products, apparel, education, and stationery. Prominent household brands include Aashirvaad, Sunfeast, Bingo!, Yippee!, Savlon, Fiama, Vivel, and Classmate. The hospitality arm, ITC Hotels, established in 1975, is one of India’s premier luxury hotel chains, managing over 150 properties across 90 destinations. Operating under brands like ITC Hotels, Mementos, Welcomhotel, and Fortune, the division is highly celebrated for its culinary excellence and sustainable "Green Hoteliering" practices. In July 2023, the board approved the strategic demerger of the hotel business into a distinct entity, which took effect in January 2025. ITC's Paperboards, Paper and Packaging segment stands as the clear market leader in India, producing specialty papers and eco-friendly packaging solutions. This vertical was further expanded in March 2025 through the acquisition of Aditya Birla Real Estate Limited’s pulp and paper business. Its Agri Business is a massive player in rural empowerment and global trade, exporting commodities like food grains, coffee, and marine products, supported by digital initiatives like the ITCMAARS app. Additionally, its wholly-owned subsidiary, ITC Infotech, provides specialized digital and IT consulting solutions worldwide. Financially robust, ITC is publicly traded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and serves as a constituent of both the NIFTY 50 and SENSEX. For the fiscal year ending March 31, 2026, the conglomerate reported a Gross Revenue of INR 80,867 crore and an EBITDA of INR 25,208 crore. Led by Chairman and Managing Director Sanjiv Puri, ITC employs over 36,000 people and supports more than 6 million livelihoods. It is also globally recognized as a sustainability pioneer, being the only enterprise of its scale to remain carbon-positive, water-positive, and solid waste recycling positive for nearly two decades.