ITC, a diversified conglomerate with a strong presence in the FMCG sector, has signed definitive agreements to acquire 100% of Prasuma, a player in the frozen, chilled, and ready-to-cook foods market.
and a shift toward convenience foods. ITC stepped into the food business in 2001 with brands such as Aashirvaad and Sunfeast, and scored big with both. But organic growth takes time, whereas ...
We are proud to say that Yippee Noodles is poised to enter the Rs 1,000 crore club in the ITC Foods stable," ITC Ltd Divisional Chief Executive, Foods Division V L Rajesh told PTI. Explaining ...
ITC forayed into the Rs 2500 crore premium packaged ... biscuits are among the largest categories in the food space, touted to be 10% of the FMCG market. Get updates on your preferred social ...
Acknowledging that, ITC has been reducing its reliance on the cigarettes business, with their revenue contribution dropping from 62% in FY14 to 37% in FY23. The acquisitions in the food sector ...
Brokerage SMC Global Securities has added ITC to its fundamental picks for a trading week from March 17-21, with a short-term ...
Not surprisingly, foods drives ITC’s FMCG business, contributing 83 per cent of the FMCG turnover and in line with how the overall industry is moving—the total FMCG pie in India is over Rs 7.5 ...
While experience in F&B or consumer brands is preferred, ITC remains open to agencies capable of delivering high-impact ...