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Founded in 1910 as the Imperial Tobacco Company of India Limited, ITC began as a British-owned enterprise focused on tobacco manufacturing. Over the decades, it underwent several rebrandingsâ becoming India Tobacco Company Limited in 1970, I.T.C. Limited in 1974, and finally ITC Limited in 2001, where âITCâ ceased to be an acronym. Headquartered at Virginia House, Kolkata, ITC has transformed into one of Indiaâs most respected and diversified conglomerates, with a legacy of over 114 years. Its journey reflects a strategic shift from tobacco to a multi-sector powerhouse, driven by innovation, sustainability, and inclusive growth.
ITC operates across five core segments: FMCG, Hotels, Paperboards & Packaging, Agri-Business, and Information Technology. Its FMCG brandsâlike Aashirvaad, Sunfeast, Savlon, Fiama, and Classmateâreach over 260 million households across India. The company also runs ITC Hotels, a luxury chain known for its eco-conscious design and LEED Zero certifications. In agriculture, ITC supports over 2.5 million farmers through platforms like ITCMAARS, promoting climate-resilient farming and digital empowerment. Its IT arm, ITC Infotech, delivers tech solutions in 41 countries, while its packaging division pioneers sustainable alternatives to single-use plastics.
ITC exports to over 100 global markets, with foreign exchange earnings exceeding âš9,500 crore as of FY2024. Its agri-commoditiesâincluding spices, coffee, and marine productsâare sourced from 200 districts across 22 states, linking Indian farmers to international value chains. The companyâs sustainability initiatives have earned global recognition: ITC has been carbon positive for 18 years, water positive for 21 years, and solid waste recycling positive for 16 years. Its afforestation program has greened over 1 million acres, supporting 210 million person- days of employment, and its hospitality properties are among the worldâs first to achieve LEED Zero Carbon and Water certifications.
Under its âITC Nextâ strategy, the company is expanding into food-tech, wellness, sustainable packaging, and agri-tech platforms. Recent acquisitionsâlike Prasuma, Yoga Bar, and 24 Mantra Organicâstrengthen its position in premium and organic segments. ITCâs digital transformation is powered by Mission DigArC, integrating smart manufacturing and AI-driven crop advisories. Its Life Sciences & Technology Centre (LSTC) fuels innovation in biosciences and consumer products. With a bold Sustainability 2.0 agenda and a commitment to Net Zero operations by 2030, ITC is shaping a future thatâs competitive, responsible, and deeply rooted in Indian values.
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