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			<div id="breadcrumb"><span id="ctl00_lblNav"><strong><a href='/default.aspx'>Home</a></strong> &gt; <a href='/about-itc/itc-profile/itc-profile.aspx'>About ITC</a> &gt;  Chairman Speaks</span></div>
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                <td colspan="2"><h2>Chairman Speaks<span id="ctl00_cphPageContent_lblYear"> - 2003</span></h2></td>
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            <span id="ctl00_cphPageContent_lblContent"><p align="justify"><font size="2" face="Arial">Lalitha Srinivasan</font></p>
          <p align="justify"><font size="2" face="Arial">In a strategic move, ITC Foods Ltd has
          kicked off its e-commerce activities to promote the company’s ready-to-eat snack
          brand called ‘Kitchens of India’ (KOI). As part of its online marketing
          strategy, the company has also plans to tie-up with leading portals in India to promote
          its snack range.</font></p>
          <p align="justify"><font size="2" face="Arial">On ITC Foods Ltd’s online initiatives,
          says ITC Ltd executive vice-president (foods business) Ravindra Naware: "We will soon
          roll-out online advertising to popularise our brand KOI. Also, snacks can be ordered on
          toll number 1600."</font></p>
          <p align="justify"><font size="2" face="Arial">A few months ago, ITC Foods forayed into
          the ready-to-eat category with its brand KOI. "It’s actually ready-to-eat
          gourmet cuisine from ITC’s Bukhara, Dakshin and Dum Pukht restaurants. KOI is a
          premium range in the ready-to-eat category targeted at tourists, consumers who order at
          home, NRIs and women in the age group 25 plus," explains Mr Naware.</font></p>
          <p align="justify"><font size="2" face="Arial">Is the company planning to foray into any
          new category in the near future? According to Mr Naware, over the last few months ITC
          Foods Division has rolled out a host of new products in many categories namely, staples,
          ready-to-eat, confectionery and snack foods. "Over the next year, the Foods Division
          will consolidate its position in these categories to buttress its future growth,"
          reasons Mr Naware.</font></p>
          <p align="justify"><font size="2" face="Arial">ITC Foods Ltd is charting out an aggressive
          gameplan to take on established players namely Nestle and Cadbury in this segment.</font></p>
          <p align="justify"><font size="2" face="Arial">As for ITC’s marketing tie-ups, Mr.
          Naware informs that it is on the look out for the right partner for co-promotions as well
          as channel promotions. "To leverage our brands as well as to create distinctive
          creatives for our brands we will use all appropriate opportunities," he adds.</font></p>
          <p align="justify"><font size="2" face="Arial">On the company’s gameplan to take on
          rival brand in the confectionery segment, Mr. Naware says ITC will continue to bring out
          new products to appeal to the consumers’ palate and back it up with marketing efforts
          to achieve a competitive edge.</font></p>
          <p align="justify"><font size="2" face="Arial">As for the company’s marketing
          strategy to promote its confectionery, Mr. Naware informs that the market support for
          both, Mint-O and Candyman in the initial launch phase would be to clearly position them as
          distinctive offers in their categories. "Mint-O, is positioned as a "Unusually
          Cool’ brand both in its product delivery as well as the attitude that it
          communicates. This has been supported through extensive above-the-line as well as
          point-of-sales support across the country," he adds.</font></p>
          <p align="justify"><font size="2" face="Arial">In the compressed mint segment, ITC’s
          product range includes Mint-O brand in the form of orange flavoured mint tablets.</font></p>
          <font size="2" face="Arial">On the company’s retaining strategy,
          says Mr. Naware: "ITC’s ability to reach these candies to the remotest villages
          in India has been instrumental in popularising these products and Candyman is today a
          fairly important brand in this segment." </font></span>
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