The full form of I.T.C. is the Indian Tobacco Company. I.T.C. or I.T.C. Limited is a significant, multi-industry, international corporation with Indian roots. It is a conglomerate, a grouping of two or more companies that operate in completely unrelated industries and are run and managed by the individual company. I.T.C. operates in five different divisions and is one of India’s biggest private sector conglomerates.
The I.T.C.’s headquarters are in Kolkata, West Bengal. Sanjiv Puri is the new M.D. and chairman of I.T.C. as of May 2019. The India Limited Imperial Tobacco Company was founded in 1910. In 1974, it changed its name to I.T.C. Limited.
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I.T.C. Objectives and Key Values
The main goal of I.T.C:
- To advance and improve the business venture’s wealth-generating abilities in a globalizing environment and situation.
- Offer excellent and sustainable value to stakeholders.
Main values of I.T.C.
- Customer Focus
- Nation orientation
- Innovation
- Respect for People
- Trusteeship
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I.T.C. Services in various fields
- Hotels
- Air-business
- FMCG (Fast Moving Consumer Goods)
- Information Technology
- Packaging and Paperboards
Brands and Products of I.T.C.
- Printing and packaging – I.T.C. Limited provides domestic and export packaging and printing facilities.
- Safety matches and agarbattis – Agarabatti brand is Mangal deep and safety matches brand is A.I.M. and ship.
- Personal care products– That includes hair care, body care (Engage, Superia, Vivel, etc.) and Perfumes.
- Foods – which includes various brands are Aashirwaad, Sunfeast, candyman, yippee, Bingo, and so on. The I.T.C. works in four classes of the food sector, which are Snack foods, Ready to eat meals, Staples and Confectionary foods.
- Apparel Lifestyle – Which includes Wills Lifestyle, brands of John Payers, and so on.
- Info Technology – I.T.C. limited Operates as I.T.C. InfoTech India Limited that is an SEI CMM 5th level organization.
Second Full form of ITC
Another Full form of I.T.C. is Independent Telephone Company. I.T.C. was a local service-focused telephone provider in the United States and Canada. This company typically operated in less populous, rural areas, and it was not a part of the Bell System, a corporate structure that supported the Bell Telephone Company. I.T.C. sponsored by Genuine Cable Group (G.C.B.) offers upscale services to remote areas.
Third Full form of ITC
Another Full form of ITC is International Trade Center. In 1964, the World Trade Organization (WTO) was established. Geneva, Switzerland serves as its corporate headquarters. It was created to provide technical support and W.T.O. Trade. The I.T.C. is the only cohesive group advocating the growth of S.M.E.s (Small and medium enterprises).