Monday, January 22, 2007

ITC is very well planned for the future

“ITC is very well planned for the future as it is also strengthening its food portfolio with a strong back end support of agriculture. Each year, they set aside a part of their investment for agri-retailing and this, in the long run is going to help ITC,” affirms Mahesh Joshi, Associate – Institutional Equity, Edelweiss Securities Private Ltd. With definite conviction, this business house was quick to realise the importance of having multiple drivers for growth. But the million dollar question arising is – how are they converting the business drivers into cash cows? “ITC believes that institutional business is a huge opportunity and therefore has been focusing its efforts to leverage this opportunity,” says Ravi Naware, CEO, Foods Business of ITC Ltd. Indeed, this tobacco giant journey has been not a smoky one!

For complete IIPM article click here

Source:- IIPM Editorial

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative