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ITC plans to invest nearly Rs 3,000 crore in Bengal

12 Dec 2012 Evaluate

Diversified business conglomerate, ITC is planning to invest nearly Rs 3,000 crore in Bengal over next four years. This investment will be in various sectors such as hotels and hospitality, consumer goods (including food), IT as well as expansion of its existing businesses in the State. The company had earlier applied to the West Bengal Government for land so that they can set up shop there.

ITC, a diversified conglomerate has business 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 263.40
Godfrey Phillips Ind 1864.20
VST Industries 200.60
Indian Wood Products 38.19
NTC Industries 138.90
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