ITC

ITC or ITC Ltd was being incorporated as on August 24, 1910, under the company name Imperial Tobacco Company of India Ltd. for making cigarettes and tobacco. In 1975, it also entered the hospitality business, along with the acquisition of the ITC-Welcome group Hotel Chola. The company name was also changed to I.T.C. Limited in 1974. Concerning, the Company's multi-business portfolio encompassing a spectrum of businesses such as Cigarettes & Tobacco, Information Technology, Hotels, Packaging, Agri–Exports, Paperboards & Specialty Papers, Foods, and Lifestyle Retailing and Greeting Gifting & Stationery, and the full stops in the Company's name were being removed effective from September 18, 2001. It now stands rechristened as the 'ITC Limited.' It is one of India's foremost private sector companies, along with a market capitalization of about US $ 14 billion and a turnover of more than $ 5 billion. It is also rated among the World's Best Big Companies, and Asia's 'Fab 50' and the World's Most Reputable Companies as per the Forbes magazine, and also among India's Most Respected Companies by BusinessWorld and even India's Most Valuable Companies by Business currently. It ranks among India's 10 of the Most Valuable (Company) Brands', in a study conducted by Brand Finance and being published by the Economic Times. It also ranks among Asia's 50 best-performing companies being compiled by Business Week. It has a diversified presence in Hotels, Cigarettes, Paperboards & Specialty Papers, Agri-Business, Packaging, Information Technology, Packaged Foods & Confectionery, Branded Apparel, Stationery, Safety Matches, Personal Care, and the other FMCG products. Due to its outstanding market leader in its traditional businesses of Cigarettes, Hotels, Paperboards, Packaging, and Agri-Exports, it is also quickly gaining the market share even in its businesses of Branded Apparel, Packaged Foods & Confectionery, Personal Care and Stationery. Being India's most valuable as well as respected corporations, it is widely perceived to be completely nation-oriented.

Some Business Divisions of the company:

FMCG:

• Cigarettes
• Foods
• Lifestyle Retailing
• Personal Care

Other divisions:

• Both the Education & Stationery Safety Matches Agarbattis Hotels Paperboards & the other Packaging.
• The Specialty Papers Packaging Agri-Businesses Agri Commodities e-Choupal Leaf Tobacco Information Technology.

Some of the Milestones:

• It entered the food business in 2001, and its product line in this sector consists of brands 'Kitchens of India', ‘Candyman,’ ‘Aashirvaad atta,’ ‘Sunfeast’ & ‘Bingo!’
• In 2002, it also entered the marketing of matches; and now it markets popular safety matches brands such as Mangaldeep, iKno, Aim, Aim Mega, and Aim Metro.
• In 2003, it forayed into the marketing of Agarbattis (or incense sticks), creating brands such as Mangaldeep, Spriha, Aim Metro, and more.
• It introduced Essenza Di Wills, which is an exclusive range of fine fragrances and also the bath & body care products for both men and women in July 2005.
• It also introduced the 'Superia' range of Soaps and Shampoos in the mass-market category at select markets in October 2007 and also Vivel De Wills & Vivel range of soaps in the February and Vivel range of shampoos in the June 2008.
• In 2013: Its hotels tied up with RP Group Hotels & Resorts for managing 5 hotels in India and Dubai, also under ITC Hotels’ 5-star ‘WelcomHotel’ brand and the group’s mid-market to upscale ‘Fortune’ brand.

Some of the Achievements:

• 2014:It was also voted among the top two “Buzziest Brands” in the “Corporate” sector by “afaqs,” as one of the world’s largest marketing and advertising portals.
• 2013:
• ITC Infotech became the 1st PTC Authorized Training Partner in India.
• Its hotel's tie-ups with the RP Group Hotels & Resorts for managing 5 hotels in both India and Dubai.
• It introduced Fiama Di Wills Second Edition of Couture Spa Range of Gel Bathing Bars.
• 2012:
• It bagged the Asian CSR Award in 2012.
• It introduced its iconic hotel in Chennai.
• 2011:
• ITC Hotels adjudged 'People's Choice- The Most Trusted Hotel Brand.'
• ITC Infotech launches first indigenously developed sustainability management and reporting tool.
• The 'Best Manufacturer of Cigarettes' in 2008 & 2007 and the Best Exporter of Cigarettes for 2008 by the Tobacco Board based on the earlier three years' performance.
• The Occupational Health and Safety Award in 2007 for Excellence in Safety Management to the Saharanpur, and the Kolkata factories from the Royal Society for Prevention of Accidents (or ROSPA), the U.K.
• The 5 Star Health and Safety Rating in 2007 from the British Safety Council to the Munger, Bengaluru, Kolkata, and Saharanpur factories.

Some of the Awards:

• 2012:It conferred the World Business and Development Award in 2012.
• 2007:It received the SAM/SPG Sustainability Leadership Award conferred during the International Sustainability Leadership Symposium, Zurich.
• 2006:The Business Person of the Year from UK Trade & Investment, and the UK Government organization that supported overseas businesses in that country.
• 2006:It was inducted into the `Hall of Pride' by the 93rd Indian Science Congress.
• 2005:It was honored with the Teacher's Lifetime Achievement Award.
• 2001:The Manager Entrepreneur of the Year from Ernst & Young Retail Visionary of the Year from Images, which is India's only fashion and retail trade magazine.
• 1996:It received Distinguished Alumni Award from IIT, Delhi.
• 1994:The Marketing Man of the Year from A&M, the leading marketing magazine.
• 1986:The Meridien Hotelier of the Year.