🙏 I was Analysing the business model of ITC and I was shocked to see.
Almost 40% revenue and profit comes from Cigarette sales and it’s the second largest FMCG company in india.
#startup #business #ITC #startupideas
0 replies1 like
gray man
I'm just a normal gu... • 1m
ITC, a major player in the FMCG sector, is set to acquire an additional 73.5% stake in Mother Sparsh Baby Care, a D2C brand known for its natural baby care products. This move will make Mother Sparsh a wholly-owned subsidiary of ITC.
The acquisition
Your power users will always be your biggest strength, but also a big pain in the ass you grow.
0 replies3 likes
Mahendra Lochhab
Content creator • 5m
ITC is the biggest producer and distributor of cigarettes in India. It's a diversified conglomerate that derives about 75% of its EBIT from cigarettes.