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BSE 500875 Public Conglomerate Kolkata India Turnover Market Capitalization Imperial Tobacco

ITC Limited is a large Indian conglomerate headquartered in Kolkata, India. It has revenues of $6 billion and a market capitalization over $22 billion. ITC employs over 26,000 people across various businesses including cigarettes, hotels, food, apparel, personal care, stationery, agriculture, and paper products. ITC is focused on sustainability and has received numerous awards for its social and environmental initiatives such as being carbon positive and creating sustainable livelihoods for over 5 million people in rural India.

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0% found this document useful (0 votes)
49 views

BSE 500875 Public Conglomerate Kolkata India Turnover Market Capitalization Imperial Tobacco

ITC Limited is a large Indian conglomerate headquartered in Kolkata, India. It has revenues of $6 billion and a market capitalization over $22 billion. ITC employs over 26,000 people across various businesses including cigarettes, hotels, food, apparel, personal care, stationery, agriculture, and paper products. ITC is focused on sustainability and has received numerous awards for its social and environmental initiatives such as being carbon positive and creating sustainable livelihoods for over 5 million people in rural India.

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Yog Mishra
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ITC Limited (BSE: 

500875) public conglomerate company headquartered in Kolkata, India.[1]


Its turnover is $6 billion and a market capitalization of over $22 Billion. The company has its
registered office in Kolkata. It started off as the Imperial Tobacco Company, and shares ancestry
with Imperial Tobacco of the United Kingdom, but it is now fully independent, and was
rechristened to Indian Tobacco Company in 1970 and then to I.T.C. Limited in 1974

The company is currently headed by Yogesh Chander Deveshwar. It employs over 26,000 people
at more than 60 locations across India and is listed on Forbes 2000. ITC Limited completed 100
years on 24th August, 2010.

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 positive', 'water positive' and 'solid
waste recycling positive.' In addition, ITC's businesses have created sustainable livelihoods for
more than 5 million people, a majority of whom represent the poorest in rural India.

Type Public (BSE: 500875) Industry Conglomerate Founded 24 August 1910 Headquarters Kolkata, India
Key people Yogesh Chander Deveshwar, Chairman
K. Vaidyanath, Director,
Kurush Grant, Director,
Rajiv Tandon (CFO) Products Cigarettes
Hotels
Apparel
Tobacco
Foods
Stationery
Personal Care
Paperboard and specialty papers
Printing and packaging
Matches and Agarbattis
Infotech Revenue US$6 billion (2009) Employees 26,150 (2009) Website ITCportal.com

 Cigarettes: W. D. & H. O. Wills, Gold Flake, Navy Cut, Insignia, India Kings, Classic
(Verve, Rush, Regular, Mild & Ultra Mild), Silk Cut, Scissors, Capstan, Berkeley, Bristol,
Lucky Strike and Flake.
 Foods: (Kitchens of India; Ashirvaad; Minto; Sunfeast; Candyman; Bingo brands in
Ready to Eat, Staples, Biscuits, Confectionery and Snack Foods);
 Apparel: (Wills Lifestyle and John Players brands);
 Personal care: (Fiama di Wills; Vivel; Essenza di Wills; Superia; Vivel brands of products
in perfumes, haircare and skincare) [2]
 Stationery: (Classmate and Paperkraft brands)
 Safety Matches and Agarbattis: [Ship (through ownership of WIMCO); iKno;
Mangaldeep; Aim brands]
Other businesses include:

 Hotels: ITC's hotels (under brands including ITC Hotel /Welcomhotel) have evolved into
being India's second largest hotel chain with over 80 hotels throughout the country. ITC
is also the exclusive franchisee in India of two brands owned by Sheraton International
Inc.- The Luxury Collection and Sheraton which ITC uses in association with its own
brands in the luxury 5 star segment. Brands in the hospitality sector owned and operated
by its subsidiaries include Fortune and Welcomheritage brands.
 Paperboard, Specialty Paper, Graphic and other Paper;
 Packaging and Printing for diverse international and Indian clientele.
 Infotech (through its near-wholly owned subsidiary ITC Infotech India Limited which is
a SEI CMM Level 5 company)

[edit]
ITC's Agri-Business is India's second largest exporter of agricultural products. ITC is one of the India's
biggest foreign exchange earners (US $ 2 billion in the last decade). The Company's 'e-Choupal' initiative
is enabling Indian agriculture significantly enhance its competitiveness by empowering Indian farmers
through the power of the Internet. This transformational strategy, which has already become the
subject matter of a case study at Harvard Business School, is expected to progressively create for ITC a
huge rural distribution infrastructure, significantly enhancing the Company's marketing reach.

ITC features on the Forbes Global 2000 rankings for 2007 at position 1256 [6].

ITC is the only Indian FMCG company that features on the Forbes Global 2000 rankings for
2009 at position 987.[7]

ITC also featured on the Forbes World's Most reputable Companies List at position 95

 ITC is the first from India and among the first 10 companies in the world to publish its
Sustainability Report in compliance (at the highest A+ level) with theest G3 guidelines of
the Netherlands-based Global Reporting Initiative (GRI), a UN-backed, multistakeholder
international initiative to develop and disseminate globally applicable Sustainability
Reporting Guidelines.

 ITC is the first Indian company and the second in the world to win the prestigious
Development Gateway Award. It won the $100,000 Award for the year 2005 for its
trailblazing ITC e-Choupal initiative which has achieved the scale of a movement in rural
India. The Development Gateway Award recognizes ITC's e-Choupal as the most
exemplary contribution in the field of Information and Communication Technologies
(ICT) for development during the last 10 years. ITC e-Choupal won the Award for the
importance of its contribution to development priorities like poverty reduction, its scale
and replicability, sustainability and transparency.
 ITC has won the inaugural 'World Business Award', the worldwide business award
recognising companies who have made significant efforts to create sustainable livelihood
opportunities and enduring wealth in developing countries. The award has been instituted
jointly by the United Nations Development Programme (UNDP), International Chamber
of Commerce (ICC) and the HRH Prince of Wales International Business Leaders Forum
(IBLF).

 ITC is the first Corporate to receive the Annual FICCI Outstanding Vision Corporate
Triple Impact Award in 2007 for its invaluable contribution to the triple bottom line
benchmarks of building economic, social and natural capital for the nation.

 ITC has won the Golden Peacock Awards for 'Corporate Social Responsibility (Asia)' in
2007, the Award for ‘CSR in Emerging Economies 2005’ and ‘Excellence in Corporate
Governance' in the same year. These Awards have been instituted by the Institute of
Directors, New Delhi, in association with the World Council for Corporate Governance
and Centre for Corporate Governance.

 ITC Hotel Royal Gardenia, Bengaluru is the first Indian Hotel and world's largest, to get
the LEED Platinum rating - the highest green building certification globally.

 The Stockholm Challenge 2006 for the e-Choupal initiative. This award is for using
Information Technology for the economic development of rural communities.

 United Nations Industrial Development Organisation (UNIDO) Award at the


international conference on Sharing Innovative Agribusiness Solutions 2008 at Cairo for
ITC's exemplary initiatives in agri business through the e-Choupal.

 The Corporate Social Responsibility Crown Award for Water Practices from UNESCO
and Water Digest for its distinguished work carried out in the water sector in India. ITC
also received the National Award for Excellence in Water Management 2007 in the
'beyond the fence' category from the CII Sohrabji Godrej Green Business Centre for its
leadership role in implementing water and watershed management practices.

 The watershed programme also won the Asian CSR Award 2007 for Environmental
Excellence given by the Asian Institute of Management. The Award recognizes and
honours Asian companies for outstanding, innovative and world-class projects. The
Company also received the Ryutaro Hashimoto Incentive Prize 2007 for Environment &
Development from the Asia Pacific Forum. This Award aims at promoting information
dissemination of good practices towards sustainable development in the Asia-Pacific
region.

 The Readers' Digest Pegasus Award for corporate social responsibility, recognising
outstanding work done by socially conscious companies.

 The Corporate Award for Social Responsibility 2008 from The Energy and Resources
Institute (TERI) in recognition of its exemplary initiatives in implementing integrated
watershed development programmes across 7 states in India. The company also won the
award in 2004 for its e-Choupal initiative. The Award provides impetus to sustainable
development and encourages ongoing social responsibility processes within the corporate
sector.

 The 'Enterprise Business Transformation Award' for Asia Pacific (Apac), instituted by
Infosys Technologies and Wharton School of the University of Pennsylvania for its
celebrated e-Choupal initiative.

 The Best Corporate Social Responsibility Practice Award 2008 jointly instituted by the
Bombay Stock Exchange, Times Foundation and the NASSCOM Foundation.

 The NASSCOM – CNBC IT User Award 2008 in the Retail & Logistics category. The
Company has been recognised for its pro-active and holistic approach to IT adoption and
the seamless alignment of IT with business strategy. This is the fourth time that ITC has
won Nasscom's Best IT User Award since it was instituted in 2003.

 The Institute of Chartered Accountants of India Award for Excellence in Financial


Reporting with its Annual Report and Accounts, adjudged as a commendable entry under
the Category 'Manufacturing and Trading Enterprises’.

 The Business Today Award for the Best Managed Company in recognition of its
outstanding initiatives in the consumer products segmen

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