Full Form of ITC
ITC stands for Indian Tobacco Company. However, it is important to note that ITC has diversified its operations and is now a major player in various sectors. Below are some key points about ITC:
- Founded: ITC was established in 1910.
- Headquarters: The company is headquartered in Kolkata, India.
- Core Businesses:
- Tobacco: Originally started as a tobacco company, ITC is one of the largest manufacturers of cigarettes in India.
- FMCG: ITC has expanded into Fast Moving Consumer Goods (FMCG), including food, personal care, and stationery products.
- Hotels: The company operates a chain of luxury hotels and resorts under the ITC Hotels brand.
- Paperboards and Packaging: ITC also engages in the manufacture of paper products and packaging solutions.
Agri-Business: ITC is involved in agricultural production, processing, and export of various products.
Sustainability Initiatives: ITC is known for its commitment to sustainability and has implemented various eco-friendly practices across its operations.
Stock Market: ITC is listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), making it a publicly traded company.
In summary, while ITC initially stood for Indian Tobacco Company, it has evolved into a multifaceted corporation with significant contributions to various industries in India.