{"id":4293,"date":"2024-08-07T11:53:52","date_gmt":"2024-08-07T11:53:52","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?p=4293"},"modified":"2026-04-10T10:37:15","modified_gmt":"2026-04-10T10:37:15","slug":"a-brief-overview-of-itcs-history","status":"publish","type":"post","link":"https:\/\/lemonn.co.in\/blog\/finance\/a-brief-overview-of-itcs-history\/","title":{"rendered":"ITC History, Businesses & Subsidiaries: 2026 Guide"},"content":{"rendered":"
\"history<\/figure>\n\n\n

Basic information about ITC Limited<\/strong><\/h2>\n\n\n\n
Detail<\/th>Information<\/th><\/tr><\/thead>
Founded<\/td>1910<\/td><\/tr>
Headquarters<\/td>Kolkata, India<\/td><\/tr>
Chairman<\/td>Sanjiv Puri<\/td><\/tr>
Sector<\/td>Conglomerate<\/td><\/tr>
Key Segments<\/td>FMCG, Hotels, IT, Paperboards, Agri<\/td><\/tr>
Listed On<\/td>NSE, BSE<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

ITC Limited is one of India\u2019s largest diversified conglomerates, with a strong presence across FMCG, hospitality, agriculture, and technology.<\/p>\n\n\n\n

A recap of ITC\u2019s history<\/strong><\/h2>\n\n\n\n

ITC started as a tobacco company during British rule and gradually transformed into a multi-business conglomerate.<\/p>\n\n\n\n

Over the decades, ITC reduced its dependence on cigarettes and expanded into:<\/p>\n\n\n\n

    \n
  • FMCG products<\/li>\n\n\n\n
  • Hotels and hospitality<\/li>\n\n\n\n
  • IT services<\/li>\n\n\n\n
  • Paper and packaging<\/li>\n\n\n\n
  • Agribusiness<\/li>\n<\/ul>\n\n\n\n

    Today, ITC is known for its strong brand portfolio and sustainable business practices.<\/p>\n\n\n\n

    A timeline of ITC history<\/strong><\/h2>\n\n\n\n
    Year<\/th>Milestone<\/th><\/tr><\/thead>
    1910<\/td>Incorporated as Imperial Tobacco Company<\/td><\/tr>
    1970<\/td>Renamed ITC Limited<\/td><\/tr>
    1975<\/td>Entered hotel business<\/td><\/tr>
    2000s<\/td>Expanded into FMCG sector<\/td><\/tr>
    2010s<\/td>Growth in ITC Infotech and packaged foods<\/td><\/tr>
    2020s<\/td>Focus on sustainability and digital transformation<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    ITC Limited\u2019s subsidiaries<\/strong><\/h2>\n\n\n\n
    Category<\/th>Key Subsidiaries<\/th><\/tr><\/thead>
    IT Services<\/td>ITC Infotech<\/td><\/tr>
    Hotels<\/td>Fortune Park Hotels<\/td><\/tr>
    International<\/td>Surya Nepal Pvt Ltd<\/td><\/tr>
    Finance<\/td>Russell Credit Ltd<\/td><\/tr>
    Agriculture<\/td>Technico Pty Ltd<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    List of all ITC businesses<\/strong><\/h2>\n\n\n\n

    1. FMCG Products<\/strong><\/h3>\n\n\n\n

    ITC is a major player in India\u2019s FMCG sector with brands like:<\/p>\n\n\n\n

      \n
    • Aashirvaad<\/li>\n\n\n\n
    • Sunfeast<\/li>\n\n\n\n
    • Bingo<\/li>\n\n\n\n
    • Yippee<\/li>\n\n\n\n
    • Classmate<\/li>\n<\/ul>\n\n\n\n

      This is one of ITC\u2019s fastest-growing segments.<\/p>\n\n\n\n

      2. Agribusiness<\/strong><\/h3>\n\n\n\n

      ITC sources and exports agricultural products like:<\/p>\n\n\n\n

        \n
      • Wheat<\/li>\n\n\n\n
      • Rice<\/li>\n\n\n\n
      • Coffee<\/li>\n\n\n\n
      • Spices<\/li>\n<\/ul>\n\n\n\n

        It also supports farmers through digital initiatives like e-Choupal.<\/p>\n\n\n\n

        3. Hotels<\/strong><\/h3>\n\n\n\n

        ITC Hotels is a premium hospitality chain known for luxury and sustainability.<\/p>\n\n\n\n

          \n
        • ITC Hotels<\/li>\n\n\n\n
        • Welcomhotel<\/li>\n\n\n\n
        • Fortune Hotels<\/li>\n<\/ul>\n\n\n\n

          4. Paperboards and Packaging<\/strong><\/h3>\n\n\n\n

          ITC is a leader in:<\/p>\n\n\n\n

            \n
          • Paperboards<\/li>\n\n\n\n
          • Sustainable packaging<\/li>\n\n\n\n
          • Eco-friendly solutions<\/li>\n<\/ul>\n\n\n\n

            5. Packing<\/strong><\/h3>\n\n\n\n

            This segment supports FMCG and external clients with packaging solutions.<\/p>\n\n\n\n

            6. Information Technology<\/strong><\/h3>\n\n\n\n

            ITC operates in IT through:<\/p>\n\n\n\n

              \n
            • ITC Infotech<\/li>\n\n\n\n
            • Digital transformation services<\/li>\n\n\n\n
            • AI and cloud solutions<\/li>\n<\/ul>\n\n\n\n

              7. ITC Brand World Group Companies<\/strong><\/h3>\n\n\n\n

              These include brand-focused subsidiaries supporting FMCG growth and retail expansion.<\/p>\n\n\n\n

              8. Operational Joint Ventures<\/strong><\/h3>\n\n\n\n

              ITC has joint ventures in:<\/p>\n\n\n\n

                \n
              • Hotels<\/li>\n\n\n\n
              • Food processing<\/li>\n\n\n\n
              • International markets<\/li>\n<\/ul>\n\n\n\n

                ITC Limited\u2019s subsidiaries: An overview<\/strong><\/h2>\n\n\n\n

                1. ITC Infotech<\/strong><\/h3>\n\n\n\n

                Provides IT services globally in digital transformation and consulting.<\/p>\n\n\n\n

                2. Srinivasa Resorts Limited<\/strong><\/h3>\n\n\n\n

                Operates in hospitality and hotel management.<\/p>\n\n\n\n

                3. Surya Nepal Private Limited<\/strong><\/h3>\n\n\n\n

                A major international subsidiary operating in Nepal.<\/p>\n\n\n\n

                4. Fortune Park Hotels Limited<\/strong><\/h3>\n\n\n\n

                Mid-range hotel chain under ITC.<\/p>\n\n\n\n

                5. Landbase India Limited<\/strong><\/h3>\n\n\n\n

                Focuses on property development and infrastructure.<\/p>\n\n\n\n

                6. Welcomhotels Lanka (Private) Limited, Sri Lanka<\/strong><\/h3>\n\n\n\n

                Handles ITC\u2019s hospitality operations in Sri Lanka.<\/p>\n\n\n\n

                7. Russell Credit Limited<\/strong><\/h3>\n\n\n\n

                Handles financial investments and treasury operations.<\/p>\n\n\n\n

                8. Technico Pty Limited<\/strong><\/h3>\n\n\n\n

                An agribusiness company specializing in seed production and exports.<\/p>\n\n\n\n

                Conclusion<\/strong><\/h2>\n\n\n\n

                ITC\u2019s journey from a tobacco company to a diversified conglomerate is a strong example of strategic transformation.<\/p>\n\n\n\n

                In 2026, ITC continues to grow across FMCG, IT, hospitality, and agribusiness, while focusing on sustainability and innovation.<\/p>\n\n\n\n

                For investors and market watchers, ITC remains one of India\u2019s most stable and diversified companies.<\/p>\n\n\n\n

                FAQs<\/strong><\/h2>\n\n\n
                \n
                \n
                \n

                Q. What does ITC stand for?<\/strong><\/h3>\n
                \n\n

                Originally, it stood for Imperial Tobacco Company.<\/p>\n\n<\/div>\n<\/div>\n

                \n

                Q. Is ITC still a tobacco company?<\/strong><\/h3>\n
                \n\n

                Tobacco is still part of its business, but FMCG is now a major growth driver.<\/p>\n\n<\/div>\n<\/div>\n

                \n

                Q. Which is the biggest business segment of ITC?<\/strong><\/h3>\n
                \n\n

                Cigarettes generate high profits, but FMCG is the fastest-growing segment.<\/p>\n\n<\/div>\n<\/div>\n

                \n

                Q. Is ITC a good long-term company?<\/strong><\/h3>\n
                \n\n

                ITC is considered stable due to diversification and consistent performance.<\/p>\n\n<\/div>\n<\/div>\n

                \n

                Q. What are ITC\u2019s main subsidiaries?<\/strong><\/h3>\n
                \n\n

                ITC Infotech, Fortune Park Hotels, Surya Nepal, and Technico Pty are key subsidiaries.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

                Basic information about ITC Limited Detail Information Founded 1910 Headquarters Kolkata, India Chairman Sanjiv Puri Sector Conglomerate Key Segments FMCG, Hotels, IT, Paperboards, Agri Listed On NSE, BSE ITC Limited is one of India\u2019s largest diversified conglomerates, with a strong presence across FMCG, hospitality, agriculture, and technology. A recap of ITC\u2019s history ITC started as […]<\/p>\n","protected":false},"author":3,"featured_media":4294,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/4293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/comments?post=4293"}],"version-history":[{"count":2,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/4293\/revisions"}],"predecessor-version":[{"id":11207,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/posts\/4293\/revisions\/11207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media\/4294"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=4293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/categories?post=4293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/tags?post=4293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}