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An inspiring Vision. A challenging corporate strategy. World-class execution. Unmatched investments in technology, brands, people. These expressions best define ITC Limited. The result: market capitalisation of US$ 33 billion and turnover of over US$ 7 billion. ITC today is a leading FMCG marketeer in India, the second largest Hotel chain, the clear market leader in the Indian Paperboard and Packaging industry and the country's foremost Agri-business player. Additionally, its wholly owned subsidiary is one of India's fastest growing Information Technology companies in the mid-tier segment.
As each of ITC's businesses is vastly different from the other in its type, the state of its evolution and the basic nature of its activity, the challenge of governance for ITC therefore lies in fashioning a model that addresses the uniqueness of each of its businesses and yet strengthens the unity of purpose of the Company as a whole.
ITC's diversification is powered by a robust corporate strategy designed to unleash multiple drivers of growth. Its time tested core competencies, namely unmatched distribution reach, superior brand building, effective supply chain management and acknowledged skills in hoteliering have provided ITC the springboard to create new epicenters of growth. Inspired by the overarching vision of making a contribution to the national goals of sustainable development and inclusive growth, ITC has innovatively crafted unique business models that synergise long-term shareholder value creation with enhancing societal capital.
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