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ITC to enter into the branded frozen foods segment

11 Feb 2016 Evaluate

Diversified conglomerate ITC is exploring possibility to enter into the branded frozen foods segment. The foray might come at a later stage, and is also subject to availability of land for setting up cold-chains. Currently, the company exports (frozen) shrimps, but may enter the domestic branded segment.

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.

 

Peers
Company Name CMP
ITC 263.55
Godfrey Phillips Ind 1720.55
VST Industries 186.70
Indian Wood Products 34.16
NTC Industries 118.00
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