 ITC was incorporated under the name of “IMPERIAL TOBACCO COMPANY OF

INDIA LIMITED” on 24th AUGUST 1910.

 ITC LIMITED Is a diversified FMCG company comprising FOODS, cigrattes and
cigars, clothing, education& stationery products, incense sticks and safety matches,
information technology, below are the milestones in the history of ITC.
 On the earlier decades of the incorporation company’s focus was only on tobacco
products, from the 1970’s it diversified its portfolio’s to non-tobacco business.
 On 1974 the ownership was Indianized, and the name of company was changed to
ITC LIMITED(Indian tobacco company)
 On 1975 the company launched its hotel business named after “ITC
WELCOMGROUP CHOLA”(Now renamed my fortune,Chennai)
 On 1979 ITC entered paper boards business by bhadrachalam paperboards limited,
which is the market leader in india.
 On 1985, ITC set up a surya tobacco co. as a joint venture between India-Nepal and
British. In august 2002 surya tobacco company became a subsidiary of ITC limited
and it was later named as SURYA NEPAL PVT LIMITED, and later at 2004 the
company diversified into exports of garments and manufacturing
 In 1990 the company set up the Agri business division for export of agri-commodities.
The division is one of the india’s leading exporters.
 Due to its diversification from the tobacco products the full stops in the ITC were
removed from sep 18th,2001. The ITC now stands as “ITC LIMITED”, where “ITC”
is today no longer an acronym.

LIST OF SBU’S
As ITC was started as a tobacco company, it diversified its market, and invested in lot
of different companies, due to great governance the ITC enjoys market leader in lot of
diversified industries,
The list of Sbu’s are: -
 Paperboards:- ITC is the largest manufacturer of the packing and graphic boards in
Asia with the diversity of speciality papers and boards fulfilling all the needs of paper.
Paperboard SBU is strongly market driven, the focus is more on value addition,
product devolpment and quality enhancement by the R&D backed up strongly by
marketing and technical team.