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ITC to invest Rs 3,500 crore for four projects in West Bengal

01 Aug 2014 Evaluate

Kolkata-headquartered ITC has lined up investments worth of Rs 3,500 crore in West Bengal in at least four projects. The projects include setting up of integrated consumer goods facilities, a logistics hub, an IT facility and setting up its second hotel in the city.

The projects will be carried out in Howrah, Dakshineshwar, Rajarhat and Kolkata and work has begun.

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 260.50
Godfrey Phillips Ind 1924.65
VST Industries 203.35
Indian Wood Products 34.94
NTC Industries 135.00
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