ITC LIMITED
ITC Limited is an Indian multinational conglomerate company. 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. The company now
stands renamed to ITC Limited. ITC has a diversified presence across industries such
as Cigarettes, FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agribusiness.
Over the last decade, ITC's new Consumer Goods Businesses have established a vibrant portfolio
of 25 world- class Indian brands that create and retain value in India.
Type
Public
Traded as
BSE: 500875
NSE: ITC
Founded
24 August, 1910
Headquarters
Virgina House, Kolkata,
West Bengal, India.
Area Served
India
Gulf Countries
Key people
CSR Committee
Sanjeev Puri (Chairman & MD)
S.Puri (Chairman)
H.Bhargava
A.Jerath
N.Rao
A.K. Seth
M.Shankar
D. R.Simpson
R.K. Singhi (Secretary )
Number of Employees
36,500
Website
www.itcportal.com
HISTORY:

1925: 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 Business was set up in 1925 as a strategic backward integration for
ITC's Cigarettes business. It is today India's most sophisticated packaging house.

1975: Launched its Hotels business with the acquisition of a hotel in Chennai which was
rechristened 'ITC-Welcomgroup Hotel Chola' (now renamed My Fortune, Chennai).

1979: In 1979, ITC entered the Paperboards business by promoting ITC Bhadrachalam
Paperboards Limited

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.

1990: ITC acquired Tribeni Tissues Limited, a Specialty paper manufacturing company
and a major supplier of tissue paper to the cigarette industry. Also in 1990, leveraging its
agri-sourcing competency, ITC set up the Agri Business Division for export of agricommodities.

2000: ITC entered the Lifestyle Retailing business with the Wills Sport range of
international quality relaxed wear for men and women 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.

2001: ITC's foray into the Foods business began with the introduction of 'Kitchens of
India' ready-to-eat Indian gourmet dishes.

2002: ITC entered the confectionery and staples segments with the launch of the
brands mint-o and Candyman confectionery and Aashirvaad Atta (wheat flour).

2003: Introduction of Sunfeast, as the Company entered the biscuits segment.

2002: ITC markets popular safety matches brands like iKno, Mangaldeep and Aim.

2002: ITC launched line of premium range of notebooks under brand Paperkraft in 2002.

2003: To augment its offering and to reach a wider student population,
the Classmate range of notebooks was launched in 2003.

2004: ITC acquired the paperboard manufacturing facility of BILT Industrial Packaging
Co. Ltd (BIPCO), near Coimbatore, Tamil Nadu. The Kovai Unit allows ITC to improve
customer service with reduced lead time and a wider product range.

2005: ITC entered the Personal Care Business in 2005 and the portfolio has grown
under 'Essenza Di Wills', 'Fiama', 'Vivel' 'Superia' brands which have received
encouraging consumer response and have been progressively extended nationally.

2007- 2009: Launch of Practical Books, Drawing Books, Geometry Boxes, Pens and
Pencils under the 'Classmate' brand. 'Paperkraft' offers a diverse portfolio in the premium
executive stationery and office consumables segment. . ITC entered the fast growing
branded snacks category with Bingo! in 2007.

2010: ITC launched its handrolled cigar, Armenteros, in the Indian market. In 2010, ITC
launched Sunfeast Yippee! to enter the Indian instant noodles market.

2013: Expanded its product portfolio with the launch of Engage deodorants.

2014: Launched GumOn Chewing Gum marking the entry into the category of gums.

2015: ITC marked its foray into the health space with the acquisition of the brand Savlon
and Shower to Shower. Entered the Fruit-based juices and beverages market with the
launch of B Natural Fruit beverages. Launched Aashirvaad Svasti Ghee.

2016: Launched Fabelle chocolates, Sunbean Gourmet Coffee.

2017: Launched ITC MasterChef super safe, acquired the brand Charmis to enhance its
skincare portfolio.

2018: ITC forayed into the packaged milk segment with the launch of Aashirvaad
Svasti pouch milk and into dairy-based beverages with the Sunfeast Wonderz range of
milkshakes. The ITC Master Chef Frozen Snacks range was also introduced the same
year, marking the Company's first venture into the frozen snacks segment. Acquired the
brand Nimyle to enter the floor cleaner space. The business also launched
the Dermafique brand,

2020: Launched multiple personal and home hygiene products and entered the fruit and
vegetable wash category with the launch of brand Nimwash.
PRODUCT LINE:
Foods
Aashirvaad, Sunfeast, Bingo!, Kitchens of
India, Sunfeast YiPPee!, B Natural, mint-o,
Candyman, GumOn, Fabelle, Sunbean,
Sunfeast Wonderz Milk, ITC Master Chef,
Farmland.
Personal care products
Fiama , Vivel, Savlon Soap & Handwash,
Essenza Di Wills, Superia, Engage, Derma
Fique, Nimyle, Nim Wash, Savlon, Shower
to Shower, Charmis.
Lifestyle
WLS
Stationery
Classmate, Paper kraft
Safety Matches and Agarbattis
AIM, Mangaldeep, HomeLites
AWARDS AND ACCOLADES:

'Best Governed Company', 20th ICSI National Awards

Ranked no.1 amongst peers and no.3 overall by ‘Sustainalytics'

2 Effie Awards in the ‘Integrated Marketing Campaign' and ~Foods' Categories for
Aashirvaad Atta's ~Tarun's Tiffin' advertisement campaign.

'Breakthrough Innovations Award' in the Superstar category from Nielson, 2019

ITC Green Centre, Guntur received LEED PLATINUM Rating by the US Green
Building Council (USGBC) in 2019

ITC's Paperboards Business was recognised as the Best Performer in the pulp & paper
sector by the Bureau of Energy Efficiency under the Perform, Achieve and Trade Scheme
in 2018

ITC's Agri Business Division, Chirala Unit conferred the 'Sarvashreshtha Suraksha
Puraskar' by National Safety Council of India in 2018

ITC's Spices Business won the Award for Excellence in Export from the Spice Board of
India in 2018.

ITC Mudfort, the first residential building in India to have received the 5 Star rating from
GRIHA. Also received the highest Indian Green Building Council (IGBC) Platinum
Rating in 2018.

Best In-house Legal Team of the Year Award from Legal Era Magazine at the Indian
Legal Awards 2018-19.

First prize in 6 categories at the Public Relation Society of India (PRSI) National Awards
2018

Won the 'Best Practices Award' from United Nations Global Compact Network India for
Integrated Watershed Development and Social & Farm Forestry (2017)

Hotels Division was conferred the '2017 Greenbuild Leadership Award' by the U.S.
Green Building Council (USGBC).

Agri Business Division received the 'Krishi Pragati Award 2017' of the National
Commodities and Derivatives Exchange Limited (NCDEX).

Sankhya Data Centre, Bengaluru became the first data centre in the world to get LEED®
Platinum Certification from the US Green Building Council (2016).

Paperboards and Specialty Papers Units at Bhadrachalam, Bollaram, Kovai and Tribeni
were FSC® Chain of Custody certified (2015).

ITC was ranked as 'India's Most Admired Company' in a survey conducted by Fortune
India magazine and Hay Group (2014).

United Nations Industrial Development Organisation (UNIDO) Award at the
international conference on Sharing Innovative Agribusiness Solutions 2008.

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
categoryThe CNBC-TV18's International Trade Award 2008 for Outstanding Exporter of
the Year in the FMCG & Food category.

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 yearThe Corporate Social Responsibility Crown Award for
Water Practices from UNESCO and Water Digest in 2007.

National Award for Excellence in Water Management 2007 in the 'beyond the fence'
category from the CII Sohrabji Godrej Green Business Centre .

The watershed programme won the Asian CSR Award 2007 for Environmental
Excellence given by the Asian Institute of Management.

Ryutaro Hashimoto Incentive Prize 2007 for Environment & Development from the Asia
Pacific Forum.

The NDTV Profit Business Leadership Award for being the Best Food Company of
2007. The Readers' Digest Pegasus Award for Corporate social responsibility

The 'Enterprise Business Transformation Award' for Asia Pacific (Apac)

The Institute of Chartered Accountants of India Award for Excellence in Financial
Reporting with its Annual Report and Accounts.



The Business Today Award for the Best Managed Company
The only Indian FMCG company to have featured in the Forbes 2000 list.
The Economic Times' Brand Equity listing of India's 100 Biggest FMCG
BrandsRestaurant magazine has chosen Bukhara at the ITC Maurya, New Delhi as
the best Indian restaurant in the world and the best restaurant in Asia.
CSR ACTIVITIES:
The ITC e-Choupal initiative is a powerful illustration of a unique and innovative model that
delivers large societal value by co-creating markets with rural communities. The ITC e-Choupal
initiative has emerged as an efficient two-way channel for a variety of goods and services, and
raised farmer incomes, creating sustainable livelihoods
ITC’s Farm to Food Products Value Chain
Catalysed by the ITC e-Choupal network, ITC‟s Farm to Food Products value chain has
emerged as a very successful example of value chain augmentation. Supported by ITC‟s
Integrated Watershed Development and Livestock Development Programmes, the Farm to Food
Products value chain has brought a new vibrancy to rural economies by making farming a
sustainable livelihood – even for the smallest Indian farmer.
Social & Farm Forestry
ITC’s Social & Farm Forestry Programme innovatively converges business needs and social
purpose – growing renewable plantations that simultaneously provide a viable livelihood option
for wasteland owners, create a sustainable raw material source for ITC‟s Paper & Paperboards
Business and bring multiple environmental benefits. To ensure commercial viability of these
plantations, ITC invested in extensive R&D to develop fast-growing clonal saplings that are
disease resistant and have a higher rate of survival in harsh conditions.
Integrated Watershed Development
Recognising the vital role of water and irrigation in the rural economy, ITC supports watershed
development projects in water-stressed areas, providing precious water resources for agriculture,
rural communities and livestock. The focus is on building, reviving and maintaining water
harvesting structures as well as implementing other measures which help to reverse land
degradation, provide critical irrigation and increase agricultural productivity.
Animal Husbandry & Dairy Development
Livestock plays an important role in the economy of rural India with over 70% of households
owning milch animals. ITC’s Livestock Development Programme aims at assisting cattle-owners
to upgrade their low-yielding indigenous stock through cross-breeding by artificial insemination.
Comprehensive animal husbandry services are provided right at the doorstep through Cattle
Development Centres managed by trained local community members.
Women Empowerment
ITC believes that economic empowerment of women strengthens families and societies. It has
launched a programme to provide sustainable economic opportunities to poor women in rural
areas. ITC assists them to form microcredit self-help groups so that they can build up small
savings and finance selfemployment and micro-enterprises. A large number of women earn
incomes as self-employed workers or as partners in micro-enterprises. In particular, incense stick
rolling projects have emerged as profitable micro-enterprises.
Primary Education
ITC’s Primary Education Programme addresses the lack of quality primary education in rural
communities. Aiming to strengthen the government primary schools‟ vast network by stemming
drop-outs, increasing enrolments and enabling more children to complete school, ITC has set up
Supplementary Learning Centres that offer additional coaching to back up learning and help
children to keep up in class. The Programme also provides infrastructural assistance to
Government schools such as furniture, books, teaching aids, classrooms and toilets.
ITC’s Health & Sanitation Initiative
Open defecation remains a persistent and pervasive problem across the country. It is particularly
acute in rural areas where there is a lack of awareness regarding the causality between open
defecation and health related issues, especially of diarrhoeal diseases which are a major cause of
child mortality in India. ITC‟s Health & Sanitation initiative seeks to address this serious issue
by supporting the building and usage of low-cost family-owned toilets in the catchments of its
manufacturing units, the majority of which are located in rural areas.
ITC Green Centre
Reflecting its commitment to a green growth strategy, ITC has been in the vanguard of the green
building movement in India. Its first environmentally efficient construction – the ITC Green
Centre in Gurgaon, headquarters of ITC‟s Hotels Division – was one of the first and largest
commercial buildings in the world to receive Platinum LEED®* certification from the US Green
Building Council ( USGBC ) in 2004. It was hailed as “a monument to the future” by Hillary
Rodham Clinton, former US Secretary of State, on her visit to the ITC Green Centre during her
first official trip to India in 2009.
Renewable Energy at ITC
In line with its conscious strategy to lower its carbon footprint, ITC has steadily enlarged its
clean energy portfolio. Currently, renewable sources and carbon neutral fuels provide over 43%
of the Company‟s total energy consumption. ITC aims to progressively raise this to 50% by
2020. Several of the Company‟s factories, facilities and premium luxury hotels, including its
iconic property in Chennai, ITC Grand Chola, as well as the ITC Infotech Park are powered by
wind energy.