Topic
itc
ITC Now Second Largest FMCG Company by Revenue, Aims for Top Spot
ITC's non-tobacco FMCG business crossed Rs 24,000 crore in revenue, making it the second-largest FMCG company in India by revenue after Hindustan Unilever, surpassing Nestle and Britannia. Chairperson Sanjiv Puri announced the milestone at the annual general meeting, saying the company aspires to become India's number one FMCG player.
Commodities ITC Agri Business Becomes India's Largest Private-Sector Agri Enterprise, Revenue Doubles to ₹20,300 Crore
ITC's agri business has become India's largest private-sector agri enterprise, with revenue doubling to nearly ₹20,300 crore in just over five years, as announced by Chairman Sanjiv Puri at the 115th AGM. Key drivers include the ITCMAARS phygital ecosystem, which has onboarded over 2.6 million farmers, and a value-added agriculture portfolio growing at a 33% CAGR. The company plans to expand hybrid farming clusters and reach 10 million farmers by 2030.