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ITC group is one among the largest private sector enterprise in India. It has a diversified presence in cigarettes, hotels, paperboards, specialty papers, packaging, agricultural products, branded apparel, packaged foods and confectionery, greeting cards and other fast moving consumer goods (FMCG) it employs more than 21,000 employees.
ITC group is one among the largest private sector enterprise in India. It has a diversified presence in cigarettes, hotels, paperboards, specialty papers, packaging, agricultural products, branded apparel, packaged foods and confectionery, greeting cards and other fast moving consumer goods (FMCG) it employs more than 21,000 employees.
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ITC group is one among the largest private sector enterprise in India. It has a diversified presence in cigarettes, hotels, paperboards, specialty papers, packaging, agricultural products, branded apparel, packaged foods and confectionery, greeting cards and other fast moving consumer goods (FMCG) it employs more than 21,000 employees.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als PPT, PDF, TXT herunterladen oder online auf Scribd lesen
under the name IMPERIAL TOBACCO COMPANY OF INDIA LIMITED. Soon it was renamed as I.T.C Ltd. in 1974.The company is market leader in Indian cigarette business. ITC group is one among the largest private sector enterprise in India with market capitalization of approx. $15 billions and annual turnover of approx. $4.75 billions. ITC has a diversified presence in cigarettes, hotels, paperboards, specialty papers, packaging, agricultural products, branded apparel, packaged foods & confectionery, greeting cards and other fast moving consumer goods (FMCG). It employs more than 21,000 employees. Some of the known brand names Why Diversification? Indian rural and agri. market is 70% to other resources in India ,but only 30 % of GDP is from agriculture sector . ITC realized it that their cigarette business has a limit further which they wont be able to tap profit and their expansion plans. So diversification was needed in any case to build a foothold in Indian market. FMCG bieng the fourth largest sector in the field which is expanding at a very fast pace and it has huge potential , along with the benefit that it can be accrued by organizing the existing fragmented market leading to concept of ‘one stop shop’. Further India being one of the largest economies with the benefit of its vast market ,it attracted ITC to expand its operation in various areas of hospitality, FMCG ,Greeting cards Branded Apparels etc. RESEARCH AREAS
Their initiative in ‘chaupal sagar’ was an innovative
cocept which was originally drawn with the help of C.K.Prahlad (Fortune at the bottom of pyramid) ,world re-known management guru. Use of information technology for the economic development of rural communities. Fields with advantage of resources that are easy to tap. How can they achieve the position of market leader. To provide cheaper and more economic ways to attract customers for their product. How can they exploit Indian FMCG sector as a whole due to mounting income levels and changing lifestyles and aspirations of people. Cigarettes ITC is the market leader in cigarettes in India and has a wide range of popular brands such as- Insignia India Kings Classic Gold Flake Silk Cut, Navy Cut Scissors, Capstan Berkeley Bristol and Flake in its cheap cigarettes portfolio. Packaging ITC's Packaging & Printing Business is the country's largest convertor of paperboard into packaging. It was set up in 1925 as a strategic backward integration for ITC's Cigarettes business . It offers a variety of value-added packaging solutions for the food & beverage, personal products, cigarette, liquor, cellular phone and IT packaging industries. Hotels ITC entered the hotels business in 1975 with the acquisition of a hotel in Chennai which was rechristened Hotel Chola. Today ITC-Welcomgroup holds over 70 hotels is one of the foremost hotel chains in India. Its group of hotels are well known as ITC group of hotels. These hotels have redefined hospitality in a very different way by offering fit to pocket cost to people They also provide facility of availing packages in collaboration with various Airline services like Kingfisher, Panama Airlines etc. Paperboard, Greeting, Gifting & Stationery In 1979, ITC entered the Paperboards business by promoting ITC Bhadrachalam Paperboards. ITC's Paperboards business has a manufacturing capacity of over 360,000 tonnes per year and is a market leader in India across all carton-consuming segments. . The Paperkraft designer stationery range consists of notepads & multi subject notebooks in hard, soft covers & multiple binding formats including spirals, wiros etc. The products known in this areas can be listed as- Paper Kraft Classmate ITC's Greeting & Gifting products include “Expressions” range of greeting card Safety Matches & Aggarbattis ITC's brands of safety matches include iKno, Mangaldeep, VaxLit, Delite and Aim. AIM is largest selling matches in India. ITC has launched Mangaldeep brand of Aggarbattis with a wide range of fragrances like Rose, Jasmine, Bouquet, Sandalwood, Madhur, Durbar, Tarangini, Anushri, Ananth and Mogra. Mangaldeep is also being exported to USA, UAE, Bahrain, Nepal, Singapore, Malaysia, Oman and South Africa. ITC exports premium brands of safety matches to markets such as Europe, Africa and the USA Lifestyle Retailing ITC entered the Lifestyle Retailing business with the Wills Sport range of international quality relaxed wear for men and women in 2000. Wills Lifestyle chain of exclusive stores later expanded its range to include Wills Classic formal wear (2002) and Wills Clublife evening wear (2003).Well-known brands related to them are – John Players Essenza Di Wills Foods ITC made its entry into the branded & packaged Foods business in August 2001 with the launch of the "Kitchens of India" brand. Soon it expanded into Confectionery, Staples and Snack Foods segments. ITC's brand in Food category include: Kitchens of India Aashirvaad Sunfeast Bingo! Mint-O and Candyman. ITC INFOTECH Company Overview
ITC Infotech, a global IT Services company, is a
100% subsidiary of the USD 4.75 billion Indian conglomerate ITC Ltd. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, and among India's Most Valuable Companies by Business Today. Some more info Profiled by Forrester Research as a Leading Tier 2 vendor, ITC Infotech combines its experience across various industry sectors with world class capabilities in technology to deliver ‘business-friendly solutions’ in five verticals:
Based in the picturesque ITC Infotech Park that sprawls
across 35 acres in the heart of Bangalore city, and through its wholly owned subsidiaries in the UK and the US, ITC Infotech services Fortune-listed clients across North America and Europe.
A sharp domain focus ensures that IT and ITeS delivery
always places business needs ahead of technology. The technology delivery teams leverage the domain knowledge to engineer business solutions, using CMM Level 5 processes OTHERS ITC's International Business Division (IBD) is the country's second largest exporter of agri- products. ITC exports Feed Ingredients (Soyameal), Foodgrains (Rice, Wheat, Pulses), Coffee & Spices, Edible Nuts, Marine Products, and Processed Fruits. The e-Choupal model of ITC has been very effective in tackling the challenges posed by the unique features of Indian agriculture, characterised by fragmented farms, weak infrastructure and the involvement of numerous intermediaries, among others. ITC's e-Choupal won the Stockholm Challenge 2006 award is for using information technology for the economic development of rural communities. CONCLUSION 1. ITC being one of the most innovative companies present in the market right now with its strong presence in every sector is targeting in both cigarette and its non-cigarette business, is moving at a very fast pace and we think it is one of the best runned organizations. 2. Marketing strategies implemented by ITC are really appreciable ,ITC didn’t left chance to exploit the market scenario in this time of competition. 3. According to the market researches and contribution to social environment .ITC has a very bright future ahead ,nodoubt it’ll be among the biggest enterprises from India representing it on global market.