ITC Limited is positioning itself for a new phase of accelerated growth, leveraging India’s emergence as a global economic powerhouse. At the company’s 114th Annual General Meeting, Chairman and Managing Director Sanjiv Puri shared insights into navigating the current volatile global landscape and outlined ITC’s future-ready growth roadmap.
Puri underscored that the world is currently at a critical “TURN” — an acronym for Turbulence, Uncertainty, and Rapid change requiring Novel strategies. He emphasized the need for innovation, agility, and a shift towards what he termed “compassionate capitalism” — a balanced approach to growth that prioritizes resilience, sustainability, and social responsibility.
As part of its ‘ITC Next’ strategy, the company is focused on building a future-ready portfolio through both organic expansion and strategic acquisitions. Notably, ITC Infotech recently acquired Blazeclan Technologies, a specialist in multi-cloud consulting, to bolster its digital capabilities.
A significant driver of growth for ITC is its Food-Tech Business, which combines expertise in foods, hospitality, and digital technologies. Since its inception, this vertical has achieved a 108% compound annual growth rate (CAGR) over three years. With 60 cloud kitchens operational across five cities, the company plans to scale further, tapping into India’s growing demand for online food services.
ITC’s forward-looking strategy also includes investing in state-of-the-art manufacturing. In recent years, it has built eight world-class facilities across sectors like FMCG, sustainable packaging, and value-added agri-products. Looking ahead, the company has earmarked ₹20,000 crore for strategic investments across key segments.
Two key pillars will anchor ITC’s transformation:
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A resilient, future-ready portfolio
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Anti-fragile supply chains capable of withstanding global shocks
In an era defined by disruption and innovation, ITC remains committed to inclusive growth and long-term value creation.
