What Is the Full Form of ITC?
ITC full form is the Indian Tobacco Company. ITC Limited is a prominent Indian multinational and multi-industry company. It is a conglomerate, which is a combination of two or more enterprises that operate in wholly separate industries and are governed and managed by a single business organization. ITC is one of India’s largest private sector conglomerates, with five distinct segments.
Read Other Full Forms
ITC headquarters are located in Kolkata, West Bengal. Sanjiv Puri is the next I.T.C. president and chairman as of May 2019. ITC was founded as India Limited Imperial Tobacco Company in 1910. In 1974, it was renamed ITC Limited.
ITC Goals and Core Values
The main objective of I.T.C.
- To advance and enhance the enterprise’s ability to generate wealth in a globalizing environment and circumstance.
- Offer stakeholders a superior and sustainable return on their investment.
Main values of I.T.C.
- Customer Focus
- Nation orientation
- Innovation
- Respect for People
- Trusteeship
ITC Services in a Number of Fields
- Hotels
- Air-business
- FMCG (Fast Moving Consumer Goods)
- Information Technology
- Packaging and Paperboards
ITC Brands and Products
- Printing and packaging – I.T.C. Limited provides packaging and printing facilities for domestic and international use.
- Agarbattis and safety matches; the brand of agarbattis is Mangal Deep, and the brands of safety matches are A.I.M. and ship.
- This comprises hair care products, body care products (Engage, Superia, Vivel, etc.), and perfumes.
- Food – These brands include Aashirwaad, Sunfeast, Candyman, Yippee, and Bingo, among others. The I.T.C. operates in four categories of the food industry: snack foods, ready-to-eat meals, staples, and sweets.
- Apparel Lifestyle – This category contains Wills Lifestyle, John Payers, etc.
- I.T.C. InfoTech India Limited is an SEI CMM level 5 organization.
Another full form of ITC
Another full form of ITC is “Independent Telephone Company.” I.T.C. was a telephone company that provided local services in the United States and Canada. This company typically operated in rural areas with sparse populations, and it was not the Bell System portion, which contributed to the Bell Telephone Company. G.C.B. (Genuine Cable Group) provided premium services to rural areas and backed ITC. Another full form for ITC is International Trade Center. In 1964, the World Trade Organization (WTO) was established. Its main office is located in Geneva, Switzerland. It was created to provide commercial and technical assistance to the WTO. ITC is the only organization actively fostering the growth of S.M.E.s (Small and Medium Enterprises).
