FMCG BUSINESS

ITC’s growth recipe for food business is about strategic takeovers

ITC Foods is strategically acquiring companies like Yoga Bar and 24 Mantra Organic to accelerate expansion and tap into the growing demand for healthier and premium food options. This approach aligns with ITC's 'ITC Next' strategy, emphasizing value-accretive acquisitions as a key growth driver.

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ITC's strong performance continues across segments

Inflationary headwinds continued to weigh on consumption expenditure which was partly offset by early onset of festive season this year in some parts of the country, ITC said.
ITC to acquire 16% stake in D2C brand Mother Sparsh

Mother Sparsh, which was incorporated on February 5, 2016 had reported a turnover of Rs 15.44 crore in FY 2020-21...
The rise of mindful snacking: How brands are responding to all-day snackers

Brand Equity decodes how the mindful snacking movement is playing out during the pandemic...
ITC takes first step towards making apparel biz ‘sin-free’

Re-branding alone may not help unless combined with change in sales strategy and execution.
Goenka Group eyes Rs. 6500 crore sales from its FMCG business

The group has been nurturing the standalone FMCG business for almost two years with professionals drawn from the industry as well as its retail venture, Spencer’s Retail.
ITC's food biz bets big on health and wellness space

The company will enter the premium coffee segment under the Sunbean brand soon