Already a huge success at ITC Grand Chola in the south, and ITC Royal Bengal in the east, the legacy of this signature culinary restaurant now takes…
The milk-based beverages will be manufactured in ITC’s new facility in Kapurthala, Punjab.
With this launch, the company has expanded its dairy portfolio beyond ghood, pouch milk and the curd business.
ITC Ltd's agri-biotech arm inked an agreement with James Hutton Institute to bring in 16 new varieties and 600 new clones of potato for trial…
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In noodles segment, Yippee is the second largest brand with about 22% market share.
Barry Callebaut is the partner of ITC Ltd to source the exotic ruby chocolate to craft Fabelle's Ruby Gianduja.
ITC's milk, ghee, paneer and curd would be sold under the 'Aashirvaad' brand while its milkshakes will be sold under a different brand.
However, ITC will only acquire brands that can be scaled up using its own distribution network as it would be easier to break even.
The packaged foods business was the first FMCG category the conglomerate had entered 17 years ago to reduce its reliance on the cigarette revenue…
The company last year commissioned two world-class integrated consumer goods manufacturing and logistics units in West Bengal and Punjab.
The government had withdrawn input tax credit against goods and services tax when GST on restaurants was slashed to 5% from 18% in November last year.
The Rs 3,400-crore subset in question is ‘bridges’, where ITC’s Bingo Tedhe Medhe and Bingo Mad Angles compete with PepsiCo’s Kurkure.
ITC had created B Natural brand primarily for fruit juices other than mango two years ago and the company would now extend it for mango drink.
ITC has around 7 per cent share in the juices and fruit beverages market, which is estimated to be around Rs 2,500 crore.
Global firms such as Perfetti Van Melle, Mondelez and Nestle either remained stagnant or lost share last calendar year, hurt by higher prices of their wares in a stressed market due to demonetisation.
Noodles segment which is growing at 15-20% annually contributed about 10% or Rs 804 crore
The tax incidence on food processing must be viewed from the perspective that it adds tremendous value to farmers and helps in ameliorating huge agri-wastage
The division bench had allowed the appeal saying that in the short span from 2016, when ITC first started selling its digestive biscuits in a package of blue-yellow colour, the combination could not have become identified with the company.
GST will be levied on entire sum of food bill, including service charge, in a restaurant, while the value of alcohol or alcohol products consumed will attract VAT.
ITC's luxury chocolate brand, Fabelle sells in boutiques inside seven of its hotels
It will look at manufacturing and marketing vegetaranian, non- vegetaranian, nonalcoholic, carbonated and non-carbonated food products.
ITC is said to be evaluating staples and edible oil, health foods, and value-added dairy products as categories it might enter.
The company has launched ITC Master Chef super-safe spices in the capital. It is promoting the brand as "super safe spices" through its communication in print, outdoor, radio and digital platforms.
Food regulator FSSAI recently tied up with Coca-Cola India to train 50,000 street food vendors over the next three years and plans to rope in other players like ITC and Mondelez under its 'Clean Street Food' campaign.
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