ITC is looking at managed hotel properties outside the country, as part of its asset-right strategy for this vertical. The company is eyeing such properties in adjacent markets like Bangladesh. This is managing properties of others under the WelcomHotel brand.
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.
