ITC is reportedly planning to offer its distribution network to startups and smaller FMCG companies that want to go national for a fee to create a new revenue stream. This will cover all parts of the country through some 4.3 million shops. The tobacco-FMCG-hospitality major is even open to the idea of acquiring stake in some of these smaller companies.
ITC has business a 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.
