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ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand

Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 yearsNew Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...

ITC's Savlon to become a Rs 1,000 crore brand

Highlighting Savlon as an example of creating value from acquisitions, the ITC said on Wednesday that Savlon is on course to become a Rs 1,000 crore brand. Sameer Satpathy, CEO, ITC's Personal Care Products Business, said that going by the...

ITC expects collaborations with unlikely partners to open new distribution channels

FMCG major ITC expects its new collaborations with unlikely partners, including Domino's, Swiggy and Zomato in the wake of coronavirus pandemic and subsequent lockdown opening new distribution channels, to become mainstream in future, according to a company official. According to...

ITC Savlon accelerates innovation to help fight against COVID-19

In the ongoing fight against Covid-19, health stipulations have mandated two important facets to help protect against the deadly virus – hand hygiene and the hygiene of frequently touched surfaces. Hand hygiene is critical and continues to be in conversation...

FMCG firms limit operations only to essential items

FMCG companies such as ITC, Nestle and Dabur on Tuesday said they are producing only the essential items at their manufacturing units amid the lockdown to prevent spread of coronavirus. According to a PTI report: The fast-moving consumer goods (FMCG)...

ITC eyes Rs 1 trillion turnover from FMCG, plans to expand food portfolio

Diversified conglomerate ITC is looking at portfolio expansion in its food division to achieve the stated vision of the company of achieving Rs 1 trillion turnover from FMCG.“The ambition set by our Chairman and Managing Director of Rs 1...

CCI clears acquisition of J&J's two brands by ITC

The Competition Commission has approved the proposed acquisition of Johnson & Johnson's two brands, 'Savlon' and 'Shower to Shower', by FMCG major ITC. According to a PTI report: Savlon is an antiseptic brand while Shower To Shower is a personal...
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