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KRChoksey Research Report
ITC Ltd.'s fast moving consumer goods portfolio's consumer spend exceeded Rs 240,000 million annually with reach of over 200 million households in India. The portfolio is built with focus on strengthening core brands, entering adjacent segments through great brands and entering categories that can fuel future growth.
ITC's agri business is one of India's largest exporters of agri commodities. It sources over four million tonnes of agricultural produce from 22 states. The business is scaling up its value-added agri products portfolio comprising of spices, coffee, frozen marine products and processed fruits amongst others for domestic and export markets.
The paperboards and packaging business is a pioneer in sustainable packaging and a leader in the value-added paperboards segment. The company has multiple brands like Aashirvaad, Sunfeast, Classmate and Mangaldeep that are leaders in their respective segments.
The company launched several variants in the cigarette segment to meet the evolving needs of its consumers.
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