ITC Limited Full Form and Overview
ITC Limited stands for Indian Tobacco Company Limited. Established in 1910, ITC began its journey as a tobacco company, but over the decades, it has diversified into various sectors.
Key Highlights of ITC Limited:
- Founding Year: 1910
- Original Focus: Tobacco products
- Headquarters: Kolkata, India
Diversification:
ITC Limited has successfully expanded its portfolio beyond tobacco. The company now operates in several sectors, including:
- FMCG (Fast-Moving Consumer Goods):
- Packaged foods
- Personal care products
Stationery items
Hotels:
- Luxury hotels and resorts
Business hotels
Paperboards and Packaging:
- Sustainable packaging solutions
Paper products
Agri-Business:
- Sourcing of agricultural products
- Exports and trading
Commitment to Sustainability:
ITC Limited is recognized for its commitment to sustainability and corporate social responsibility (CSR), focusing on:
- Water conservation
- Afforestation
- Waste management
- Rural development initiatives
Conclusion:
ITC Limited has transformed from its roots in the tobacco industry to a diversified conglomerate, maintaining its reputation for quality and sustainability across various sectors. The company’s evolution reflects its adaptability and commitment to growth in the Indian and global markets.