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ITC planning to expand dairy beverages portfolio in India

06 May 2019 Evaluate

ITC is planning to expand its dairy beverages portfolio to the rest of the country by the next summer and is eyeing a 5-10% market share in the first year of operations. The company entered the ready-to-drink milk-based beverages market with the launch of Sunfeast Wonderz Milk last December. The milkshake market is around Rs 1,000 crore.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology

Peers
Company Name CMP
ITC 257.20
Godfrey Phillips Ind 1670.00
VST Industries 197.00
Indian Wood Products 35.34
NTC Industries 123.15
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