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ITC mulling setting up paper manufacturing unit in Telangana

15 Jul 2014 Evaluate

Diversified group, ITC is mulling setting up a paper manufacturing unit in Telangana with an investment of Rs 3,500 crore. The company conveyed its intent to Telangana Chief Minister K Chandrasekhar Rao during a meeting, in which the latter assured of providing land for establishing the plant.

ITC, a diversified conglomerate has business interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 260.60
Godfrey Phillips Ind 1923.00
VST Industries 203.55
Indian Wood Products 34.94
NTC Industries 135.00
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