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Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974. In 2001 the company was renamed ITC Limited , where "ITC" is no longer an acronym .
- Packaging and Printing: Backward Integration
- Entry Into The Hospitality Sector - A 'Welcom' Move
- Paperboards & Specialty Papers - Development of A Backward Area
- Nepal Subsidiary - First Steps Beyond National Borders
- Paperboards & Specialty Papers - Consolidation and Expansion
- Agri Business - Strengthening Farmer Linkages
- Education & Stationery Products - Offering The Greenest Products
- Information Technology - Business Friendly Solutions
- Branded Packaged Foods - Delighting Millions of Households
- Agarbattis & Safety Matches - Supporting The Small and Cottage Sector
Though the first six decades of the Company's existence were primarily devoted to the growth and consolidation of the Cigarettes and Leaf Tobacco businesses, ITC's Packaging & Printing Businesswas set up in 1925 as a strategic backward integration for ITC's Cigarettes business. It is today India's most sophisticated packaging house.
The Seventies witnessed the beginnings of a corporate transformation that would usher in momentous changes in the life of the Company. In 1975, the Company launched its Hotels business with the acquisition of a hotel in Chennai which was rechristened 'ITC-Welcomgroup Hotel Chola' (now renamed Welcomhotel by ITC Hotels, Cathedral Road, Chennai). The...
In 1979, ITC entered the Paperboards businessby promoting ITC Bhadrachalam Paperboards Limited. Bhadrachalam Paperboards amalgamated with the Company effective March 13, 2002 and became a Division of the Company, Bhadrachalam Paperboards Division. In November 2002, this division merged with the Company's Tribeni Tissues Division to form the Paperbo...
In 1985, ITC set up Surya Tobacco Co. in Nepal as an Indo-Nepal and British joint venture. In August 2002, Surya Tobacco became a subsidiary of ITC Limited and its name was changed to Surya Nepal Private Limited(Surya Nepal). In 2004, the company diversified into manufacturing and exports of garments.
In 1990, ITC acquired Tribeni Tissues Limited, a Specialty paper manufacturing company and a major supplier of tissue paper to the cigarette industry. The merged entity was named the Tribeni Tissues Division (TTD). To harness strategic and operational synergies, TTD was merged with the Bhadrachalam Paperboards Division to form the Paperboards & Spe...
Also in 1990, leveraging its agri-sourcing competency, ITC set up the Agri Business Divisionfor export of agri-commodities. The Division is today one of India's largest exporters. ITC's unique and now widely acknowledged e-Choupal initiative began in 2000 with soya farmers in Madhya Pradesh. Now it extends to 10 states covering over 4 million farme...
ITC launched line of premium range of notebooks under brand Paperkraft in 2002. To augment its offering and to reach a wider student population, the Classmate range of notebooks was launched in 2003. Classmate over the years has grown to become India's largest notebook brand and has also increased its portfolio to occupy a greater share of the scho...
In 2000, ITC spun off its information technology business into a wholly owned subsidiary, ITC Infotech India Limited, to more aggressively pursue emerging opportunities in this area. Today ITC Infotech is one of India's fastest growing global IT and IT-enabled services companies and has established itself as a key player in offshore outsourcing, pr...
ITC's foray into the Foods business is an outstanding example of successfully blending multiple internal competencies to create a new driver of business growth. It began in August 2001 with the introduction of 'Kitchens of India' ready-to-eat Indian gourmet dishes. In 2002, ITC entered the confectionery and staples segments with the launch of the b...
In 2002, ITC's philosophy of contributing to enhancing the competitiveness of the entire value chain found yet another expression in the Safety Matches initiative. ITC now markets popular safety matches brands like iKno, Mangaldeep and Aim. ITC's foray into the marketing of Agarbattis (incense sticks) in 2003 marked the manifestation of its partner...
Jun 19, 2023 · In 1970, it was renamed India Tobacco Company Limited (ITC full form). India Tobacco Company Limited was later abbreviated as I.T.C Ltd in 1974. And as of now, it stands for just 'ITC limited'.
ITC Limited, the Indian conglomerate company headquartered in Kolkata, was originally named 'Imperial Tobacco Company of India Limited', succeeding W.D. & H.O. Wills on 24 August 1910, as a...
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Aug 27, 2024 · ITC, which began life as Imperial Tobacco Company of India Ltd, was renamed India Tobacco Company Limited in 1970 and became ITC Limited in 1974. William M. Jacks was the ITC founder. Initially, ITC full form was Imperial Tobacco Company of India Limited, which eventually became ITC Ltd over the years.
Jun 2, 2023 · 1975: ITC entered the hotel business by acquiring a hotel in Chennai. It was renamed 'ITC–Welcomgroup Hotel Chola.' The objective is to create value for the country by earning foreign exchange, developing tourism, and generating employment.
Dec 8, 2014 · In the early autumn of 1910, sitting in the narrow confines of his modest office in Radha Bazar Street, Calcutta, it would have been impossible for the lone expatriate manager to even imagine what history would have in store for the company he represented.
