ITC Limited Chairman Sanjiv Puri announced this week that the conglomerate is actively countering rising input costs through aggressive internal efficiency measures rather than relying on significant price hikes. Speaking on the company’s strategic outlook, Puri emphasized that while inflationary pressures are mounting across several supply chains, the firm remains committed to protecting consumer value…
ITC Chairman Sanjiv Puri announced this week that the diversified conglomerate is aggressively positioning itself to become India’s largest Fast-Moving Consumer Goods (FMCG) company. Speaking to shareholders, Puri outlined a roadmap centered on rapid portfolio expansion, high-margin premiumisation, and strategic acquisitions to capture a larger share of the country’s evolving consumer market. The Strategic Shift…
Strategic Pricing Adjustments ITC Chairman and Managing Director Sanjiv Puri confirmed this week that the conglomerate has successfully passed on only 50 to 60 percent of recent cigarette tax hikes to consumers. Speaking on the company’s fiscal strategy, Puri noted that the remaining tax burden will be implemented incrementally to maintain market stability and protect…
