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ITC aims 20% frozen food market share in next three years

12 Dec 2019 Evaluate

ITC is aiming to garner up to 20 per cent of the Rs 7,400 crore frozen food market in India in next three years with the firm expanding its offering in the category. The company is also planning to expand its reach to over 30 cities in the retail segment and 100 cities in food services segment during the period.

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 268.55
Godfrey Phillips Ind 1875.00
VST Industries 200.95
Indian Wood Products 38.67
NTC Industries 137.00
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