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itc shares: ITC spots another $500 million opportunity in tobacco business

High-end nicotine is seeing growing demand due to the rise of vapes and pouches globally. Indian tobacco is well placed since it has a high nicotine content. ....

West Bengal , Prabhudas Lilladher Amnish Aggarwal , Vivek Maheshwari , It Services , Institutional Equities , Food Tech , Amnish Aggarwal , Itc Shares , Itc Share Price , Itc Stock , Itc Tobacco Business , Markets News ,

How ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv Puri, ET Retail

A look at ITC’s top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change can’t come about unless you understand the Indian consumer. Sanjiv Puri, chairman and managing director of ITC, is among the few executives who has a finger on their pulse. In an exclusive interaction with ET, Puri talks about how the FMCG behemoth came to be. ....

Sanjiv Puri , Parle Products , Imperial Tobacco Company , Adani Wilmar , Aashirvaad Atta , Itc Tobacco Business , Itc Fmcg Business , Itc Next ,

How ITC succeeded in pivoting from its traditional tobacco business to FMCG under Sanjiv Puri

A look at ITCs top line shows the revenue share of its tobacco business has nearly halved—from 62% in FY14 to 37% in FY23. This change cant come about unless you understand the Indian consumer. Sanjiv Puri, chairman and managing director of ITC, is among the few executives who has a finger on their pulse. In an exclusive interaction with ET, Puri talks about how the FMCG behemoth came to be. ....

West Bengal , Adani Wilmar , Aashirvaad Atta , Imperial Tobacco Company , Parle Products , Agro Tech , Wills Lifestyle , Sunfeast Biscuits , Itc Tobacco Business , Itc Fmcg Business , Sanjiv Puri , Itc Next ,