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.
Reply
Swapnil gupta
Founder startupsunio... • 4m
🙏 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