2) A year later in 1911, it began sourcing leaf tobacco from South Indian Farmers to mass-produce consumer cigarettes, a landscape it would dominate for over a century!
A Mega-Thread on a 111-year-old conglomerate and one the most debated stocks of the Indian stock markets #ITC (Earlier known as Imperial Tobacco of India) @ITCCorpCom
(Would appreciate a retweet as it helps educate more investors and inspires us to work harder on such threads.)
2) A year later in 1911, it began sourcing leaf tobacco from South Indian Farmers to mass-produce consumer cigarettes, a landscape it would dominate for over a century!
The constant need for promotions ultimately led to the relocation of the company from Calcutta to Delhi.
5) ITC was the first Indian company to prioritize consumer research, laying the ground for its legendary R&D center that is now half a century old.
9) This would later pave roads for them to become the third-largest hotel chain in India, with over 100+ hotels.
12) ITC also invested rapidly in developing the ITC Gardenia, ITC Grand Central, ITC Sonar, and ITC Maratha.
14) After recognizing the possibilities of heavy taxation on tobacco, ITC further ventured into other sectors like foods, textiles, and dairy.
17) They also established an information technology division, ITC Infotech Limited, and merged ITC Bhadrachalam Paperboards into ITC Limited.
20)ITC's Sunfeast ready-to-eat Pasta initially faced backlash due to rival brand Nestle's instant noodles Maggie.
23) However, ITC Food is contributing more revenue than its hotels off late.
24) ITC's Ashirwad atta is the number 1 flour brand with a 40% market share.
26) ITC initially set up one of its largest tobacco production units in the Munger district of Bihar way back in 1910.
Would appreciate a retweet as that inspires us to educate more investors and put effort into compiling more such threads for you.
More from Abhijit Chokshi | Investors का दोस्त!
You May Also Like
The first area to focus on is diversity. This has become a dogma in the tech world, and despite the fact that tech is one of the most meritocratic industries in the world, there are constant efforts to promote diversity at the expense of fairness, merit and competency. Examples:
USC's Interactive Media & Games Division cancels all-star panel that included top-tier game developers who were invited to share their experiences with students. Why? Because there were no women on the
ElectronConf is a conf which chooses presenters based on blind auditions; the identity, gender, and race of the speaker is not known to the selection team. The results of that merit-based approach was an all-male panel. So they cancelled the conference.
Apple's head of diversity (a black woman) got in trouble for promoting a vision of diversity that is at odds with contemporary progressive dogma. (She left the company shortly after this
Also in the name of diversity, there is unabashed discrimination against men (especially white men) in tech, in both hiring policies and in other arenas. One such example is this, a developer workshop that specifically excluded men: https://t.co/N0SkH4hR35
USC's Interactive Media & Games Division cancels all-star panel that included top-tier game developers who were invited to share their experiences with students. Why? Because there were no women on the
ElectronConf is a conf which chooses presenters based on blind auditions; the identity, gender, and race of the speaker is not known to the selection team. The results of that merit-based approach was an all-male panel. So they cancelled the conference.
Apple's head of diversity (a black woman) got in trouble for promoting a vision of diversity that is at odds with contemporary progressive dogma. (She left the company shortly after this
Also in the name of diversity, there is unabashed discrimination against men (especially white men) in tech, in both hiring policies and in other arenas. One such example is this, a developer workshop that specifically excluded men: https://t.co/N0SkH4hR35