Want to be a leader in every segment we operate in: ITC Chairman Sanjiv Puri
2 months ago

Want to be a leader in every segment we operate in: ITC Chairman Sanjiv Puri

Live Mint  

New Delhi, Jan 19 ITC is sharpening its competitiveness and strengthening innovative capacity under its "Next Strategy" as the multi-conglomerate aims to be a leader in the segments in which it operates, said its Chairman and Managing Director Sanjiv Puri. The cigarettes-to-consumer goods conglomerate has articulated a strategy of the organisation, the 'ITC Next Strategy' aiming to shape a future-ready enterprise and define the next phase of growth and profitability, Puri told PTI. As part of the ITC Next Strategy, it identified levers of competitiveness, which include digitalisation, sustainability, innovation and supply chain efficiency, among others for its future growth. Currently, cigarettes and FMCG segments contribute to over 70 per cent business of ITC, which had in July last year announced a ₹20,000 crore investment plan in the medium-term as part of its Next Strategy.

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ITC’s FMCG business to include newer categories, acquisitions, says Puri
5 years, 8 months ago

ITC’s FMCG business to include newer categories, acquisitions, says Puri

Live Mint  

New Delhi: Cigarettes to packaged consumer goods conglomerate ITC Ltd on Friday reiterated its plans to expand its fast-moving consumer goods business by adding newer segments under its portfolio and even looking at strategic acquisitions, the company said during its 108th annual general meeting in Kolkata. To be sure ITC already sells packaged foods, personal care, and stationery under its …

Eyeing on acquisitions, ITC to foray into new FMCG categories; company seeks to be an engine of growth for Indian economy
5 years, 8 months ago

Eyeing on acquisitions, ITC to foray into new FMCG categories; company seeks to be an engine of growth for Indian economy

Firstpost  

ITC is investing in building state-of-the-art manufacturing infrastructure across India to rapidly scale up the FMCG businesses, build an extremely competitive supply chain, Puri said. Reiterating the company’s vision, Puri said, “ITC seeks to be an engine of growth for the Indian economy through a vibrant portfolio of future-ready businesses that are well poised to serve the emerging needs of …

Sanjiv Puri steps into Deveshwar’s shoes at ITC
5 years, 10 months ago

Sanjiv Puri steps into Deveshwar’s shoes at ITC

Live Mint  

ITC Ltd, India’s largest cigarette maker, on Monday named managing director Sanjiv Puri, 56, as its chairman. Puri swiftly moved up the ladder to head some of the company’s biggest businesses, including its packaged consumer goods segment. Puri, who joined ITC in 1986, is expected to take forward the task of further diversifying the company’s business. Puri’s wide experience in …

ITC Q4 profit grows 19% to ₹3,482 crore; appoints Sanjiv Puri as new chairman
5 years, 10 months ago

ITC Q4 profit grows 19% to ₹3,482 crore; appoints Sanjiv Puri as new chairman

Live Mint  

FMCG major ITC today reported a 18.72% growth in net profit for the March quarter. ITC has appointed Sanjiv Puri as the new chairman of the company with effect from today. "The Board of Directors of the company at the meeting held today appointed Sanjiv Puri, Managing Director, also as the Chairman of the Company with effect from May 13, …

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