Business

ITC Unveils Ambitious Rs 20,000 Crore Investment Plan to Boost FMCG Margins and Fuel Growth

ITC's Strategic Investment for Future Growth

Leading FMCG conglomerate ITC Ltd. has announced a significant investment of Rs 20,000 crore across its business verticals over the next five to six years. This strategic move aims to enhance FMCG margins and capitalize on the anticipated demand rebound.

Expanding Manufacturing Capabilities

Following the inauguration of eight new manufacturing facilities, ITC is focusing on fast-moving consumer goods (FMCG), sustainable packaging, and value-added agri-products. These efforts underscore the company's commitment to innovation and sustainability.

Acquisitions and Market Expansion

ITC is actively exploring potential acquisitions to align with its growth strategy. Past acquisitions include Prasuma, 24 Mantra Organic, and Century Pulp and Paper, demonstrating ITC's ambition to diversify and strengthen its market position.

Technology and Sustainability at the Core

With the integration of AI across its value chain and expansion into horticulture, ITC is setting new benchmarks in efficiency and sustainability. The company's focus on health, wellness, and organic products reflects its response to evolving consumer trends.

ITC announces Rs 20,000cr investment push: Focus on FMCG margin boost; Puri sees demand rebound ahead