ITC, the 113-year-old company known for its cigarette business, has successfully diversified its revenue streams and achieved leadership positions in various FMCG categories. Its consumer business, supported by strong brands and cash flows from the cigarette business, has grown significantly over the past two decades. Additionally, ITC s agri-business and digital initiatives have contributed to its growth.
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ITC FMCG: ITC, the 113-year-old company known for its cigarette business, has successfully diversified its revenue streams and achieved leadership positions in various FMCG categories. Its consumer business, supported by strong brands and cash flows from the cigarette business, has grown significantly over the past two decades. Additionally, ITC s agri-business and digital initiatives have contributed to its growth.
Domestic economy is witnessing a clear demarcation with premium and luxury goods witnessing strong demand, while basic demand being hit due to high inflation, says Amnish Aggarwal, the head of research at Prabhudas Lilladher."We believe all .