Ad Here  
Land wars Eyes strong growth in 2016-17 Is this a generation gap? Tata Steel, ThyssenKrupp sign MoU to merge European units AL wins Deming prize again Chinese smart phones flourish in small towns too! The unexpected exit Emami – a new growth mantra Hyundai to focus on SUVs and AMT variants L&T profit up by 11 per cent Bajaj Finserv – Q1: fare well Maruti – for young buyers TI Cycles plans retail expansion to drive sales for premium bicycles Michelin to double Chennai capacity L&T bags the Mumbai Trans-harbour link order Solar installations exceed 2015 capacity in five months Consolidating leadership position in smartphones ITC – steep excise hike Preparing for the next growth curve TVS Srichakra plans capacity expansion M & M unveils driverless technology for tractors RoC in the dock... The gainers and the losers Increasing market share HPCL plans Rs.61,000 crore capex over 5-years From the toughest to the best year Sundram Fasteners rejigs international TN government keen on revival of operations at Nokia complex Wabco launches safety system Are they really independent? Hindalco – re-rating Record two-wheeler sales Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Toyota and Suzuki to introduce EVs in India by 2020 AL introduces Guru & Partner Daimler grows sales and share in India Right to privacy – now it’s fundamental! Back in growth mode It takes two to tango Mercedes-Benz sales continue to zoom Welcome focus to improve rural India... V-Guard launches app-enabled water heater system Ode to Ratan Tata Vellayan is back, after 150 days Carnival Films acquiring 3000 screens pan India When small is not so beautiful… Smooth sailing of SAIL A niche in FMCG business... 29 per cent jump in TCS revenues Tata Motors joins compact SUV bandwagon with Nexon New India Assurance posts impressive show Last stages Forging industry worried over lower supply of steel and its price E.I.D Parry (India) Ltd: another sweet year Daimler’s truck exports from Chennai cross 5000 units IOB on turnaround path TVS Automobile invests Rs.75 crore in start-up firms PPP model for infrastructure development LVB posts 31 per cent growth in Q1 net profit PSU non-life firms seek to protect share Nissan exit shouldn’t affect ALL Tata Motors charts investments in PV and CV businesses L & T set bigger ambitions in defence business Gamesa to set up a plant in Nellore Singur minus Nano – victory or folly? He excels in the nuts and bolts of entrepreneurship Dish TV – subscriber additions encouraging Yamaha unveils scooter boutique ITC chairman calls for policy impetus to transform agriculture Sivasankaran enters taxi space to take on Uber and Ola Tata gets 4-star rating for Zest Hyundai India achieves 7 mn production at Chennai factory Housing demand revival Titan Company – sales recovery to kick in Tata Motors bets on new launches A welcome initiative-even critics are recognised Smartphone onslaught by Chinese brands AL secures orders for 3600 buses Aurobindo Pharmacy: good turnaround Kone India eyes further growth in elevator market L & T’s floating dock for navy CAPITAL NOTES Rane targets Rs.5500 crore topline by 2018-19 Tata Motors aims to be among the Top 3 global CV & PV firm Ponni Sugars (Erode) Ltd: not so sweet 2012-13
A niche in FMCG business...

Though ITC is the undisputed leader in the Indian cigarette industry, the company’s growth in FMCG business has also been phenomenal at a CAGR of 19 per cent in the past eight years.

 Its robust growth comes on the back of strong brands like Aashirvaad, Sunfeast, Bingo, Candyman (branded packaged foods), Vivel, Fiama Di Wills, Superia (personal care), Classmate, Paperkraft (education & stationery) and Wills Lifestyle & John Players (lifestyle retailing).

The company’s strategy of entering higher growth segments, especially in branded packaged foods, has paid rich dividends.

ITC appears to have an edge over other FMCG players in the segment led by its strong and established distribution network of cigarettes. Its presence in the FMCG segment will continue to grow strongly aided by further strengthening of its brand equity in existing categories and entry into new segments (beverages and milk), going forward.

Author :
Reported On :
Sector :
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
S-15, Industrial Estate,
Chennai - 600 032.
PHONE: +91 44 22501236