About Itc
About Itc
Type Public
Industry Hospitality
Founded 1975
Kolkata
Headquarters ,
India
Number of locations 190
Area served India
Key people Y C Deveshwar
Owner ITC
Website www.itchotels.in
ITC Hotels is India's third largest hotel chain with over 100 hotels.[1] It is based in the Hotels
Division Headquarters at Kolkata, West Bengal.[2] It is part of the ITC Limited group of
companies.[3][4] ITC Hotels is regularly voted amongst the best employers in Asia in the
hospitality sector.[5]
History OF ITC:-
ITC Limited entered the hotel business on 18 October 1975 with the opening of a hotel in
Chennai, which was renamed Hotel Chola.[6] ITC Hotels has a reputation of playing host to
visiting royalty and world leaders time and again.[7][8][9][10]
ITC brands:-
ITC Grand Maratha Hotel, Mumbai
Fortune Hotels, which has 54 hotels with 4,446 rooms in 41 cities across India[11]
ITC Hotels:-
ITC Grand Bharat, Gurgaon
ITC Grand Goa Resort and Spa, Goa (Previously, Park Hyatt Goa, before acquisition)
[13][14]
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ABOUT ITC:
ITC is one of India's foremost private sector companies with a market capitalisation of US $
52 billion and Gross Sales Value of US $ 10 billion. ITC has a diversified presence in FMCG,
Hotels, Packaging, Paperboards & Specialty Papers and Agri-Business. ITC's aspiration to be
an exemplar in sustainability practices is manifest in its status as the only company in the
world, of its size and diversity, to be carbon, water and solid waste recycling positive. In
addition, ITC's businesses and value chains create sustainable livelihoods for more than 6
million people, a majority of whom represent the poorest in rural India.
Our Profile:-
ITC is one of India's foremost multi-business enterprises with a market capitalisation of US $
52 billion and Gross Sales Value^ of US $ 10 billion. ITC is rated among the World's Best
Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes
magazine and as 'India's Most Admired Company' in a survey conducted by Fortune India
magazine and Hay Group. ITC also features as one of world's largest sustainable value
creator in the consumer goods industry in a study by the Boston Consulting Group. ITC has
been listed among India's Most Valuable Companies by Business Today magazine. The
Company is among India's '10 Most Valuable (Company) Brands', according to a study
conducted by Brand Finance and published by the Economic Times. ITC also ranks among
Asia's 50 best performing companies compiled by Business Week.
Within a relatively short span of time, ITC has established vital brands like Aashirvaad,
Sunfeast, Fabelle, Sunbean, Dark Fantasy, Mom's Magic Bingo!, Yippee!, Candyman, mint-o,
Kitchens of India, Farmland, B Natural, ITC MasterChef in the Branded Foods space;
Essenza Di Wills, Fiama, Vivel, Engage, Savlon, Charmis, Shower to Shower and Superia in
the Personal Care products segment; Classmate and Paperkraft in Education & Stationery
products; Wills Lifestyle in the Lifestyle Apparel business; Mangaldeep in Agarbattis and
Aim in the Safety Matches segment. This growth has been rated by a Nielsen Report to be the
fastest among the consumer goods companies operating in India.
ITC's Agri-Business is one of India's largest exporters of agricultural products. The ITC
Group's contribution to foreign exchange earnings over the last ten years amounted to nearly
US$ 6.8 billion, of which agri exports constituted 57%. The Company's 'e-Choupal' initiative
has enabled Indian agriculture significantly enhance its competitiveness by empowering
Indian farmers through the power of the Internet. This transformational strategy has already
become the subject matter of a case study at Harvard Business School apart from receiving
widespread global acclaim.
As one of India's most valuable and respected corporations, ITC is widely perceived to be
dedicatedly nation-oriented. ITC believes that its aspiration to create enduring value for
the nation provides the motive force to sustain growing shareholder value. ITC practices
this philosophy by not only driving each of its businesses towards international
competitiveness but by also consciously contributing to enhancing the competitiveness of the
larger value chain of which it is a part. ITC group directly employs more than 32,000 people
and the Company's Businesses and value-chains generate around 6 million sustainable
livelihoods many of whom live at the margin in rural India.
ITC's production facilities and hotels have won numerous national and international awards
for quality, productivity, safety and environment management systems. ITC was the first
company in India to voluntarily seek a corporate governance rating.
^ Gross Sales Value (net of rebates) includes all taxes (GST, Compensation Cess, VAT, Excise
Duty, NCCD, etc.)