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Swapnil gupta

Founder startupsunio... • 25d

🙏 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

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Swapnil gupta

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Revenue model of ITC 🙏 Almost 40% of revenue as well as profit comes from Cigarette sales, and it's the second largest FMCG company in india. Get more insight (Source)- https://www.startupsunion.com/blog/indian-startup-stories-5/business-model-of

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It's highly ironic that LIC, India's largest insurance company, is also the second-largest owner of India's biggest tobacco company. This is particularly striking given that insurance companies, whose core business is to mitigate risk and provide fi

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