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INDIAN TOBACCO COMPANY
INTRODUCTION
Headquartered in Kolkata, India
INTRODUCTIONTurnover $6billion and market capitalization of
over $30billionHeaded by Yogesh Chander Deveshwar
Completed 100years on 24th August 2010
MISSION
Sustain ITC's position as one of India's most valuable corporations through world class performance, creating growing value for the Indian economy and the Company’s stakeholders.
VISION
Sustain ITC's position as one of India's most valuable corporations through world class performance, creating growing value for the Indian economy and the Company’s stakeholders.
CORE VALUESTrusteeship
Customer focus
Respect for people
Excellence
Innovation
Nation oriented
FORBES RANKING
Forbes Global 2000 ranking for 2007 at position 1256
Only Indian FMCG company to feature on the Forbes Global 2000 rankings for 2009 at position 987
Featured on the Forbes World's most reputable Companies List at position 95
ITC PRICING STRATEGY
Depends upon:
The customer’s demand schedule
The cost function
Competitor’s price
ITC PROMOTIONAL ACTIVITIES
Promotion scheme is decided by Area Sales Manager
A particular number of cases is given freely to the distributors
According to the amount of sales they make
ITC DISTRIBUTION
Ensures superior inventory turnover than its peers
FINANCIAL ANALYSIS OF ITC
Net profit grew 20% to Rs.782.87 million
Net sales rose up 17% to Rs.3325.23 million
LIST OF PRODUCTS AND BRANDS In FMCG:
Cigarettes
Foods
Apparel
Personal care
Stationery
Matches and Agarbattis
OTHER BUSINESSES INCLUDE
Hotels: ITC's hotels (under brands including ITC Hotel /Welcomhotel)
Paperboard, Specialty Paper, Graphic and other Paper
Packaging and Printing
InfoTech
GROUP COMPANIES:SUBSUDIRIES
Surya Nepal Private LimitedKing Maker Marketing Inc., USATechnico Pty Limited, AustraliaRussell Credit LimitedWimco LimitedFortune Park Hotels LimitedBay Islands Hotels LimitedGold Flake Corporation LimitedLandbase
JOINT VENTURES
Maharaja Heritage Resorts Ltd
ITC Filtrona
Gujarat Hotels Limited
International Travel House
ASSOCIATE COMPANIES
Gujarat Hotels Limited
International Travel House
CORPORATE SOCIAL RESPONSIBILITY
Let’s put India first
Committed to a national agenda of raising agricultural
In 2000, ITC launched e-choupal
To solve urgent social and environmental tasks
Help farmers to achieve higher farm productivity
To develop and manage water, soil and forest
resources
Empower rural men and women by creating new non-farm livelihoods
Facilitate development of infrastructure for primary education, health and sanitation.
MILESTONES
E-choupal 4 million farmers empowered,6,500 e-choupals installed
Social & farm forestry 114,428 hectares greened,Generating 51.48 million person- days of employment
Watershed development 56,951 hectares brought under soil and moisture conservation
Women’s empowerment 15,378 women members 1183 self- help groups
Livestock development 176 Cattle Development Centres3,520 villages covered annually
Primary education 252,329 children covered through 2,334 Supplementary Learning Centres
AGRI COMMODITIES & RURAL SERVICES
Farmer EmpowermentChoupal SaagarChoupal FreshChoupal Pradashan KhetCustomer Centric ApproachMarine ProductsProcessed Fruits
AWARDS
Corporate Social Responsibility Crown Award for Water Practices from UNESCO
ITC also received the National Award for Excellence in Water Management 2007
FUTURE PLANS FOR ITC
Our aim is to be the number one player in each segment
FMCGStationary businessAgribusinessHotel segment