ITC is reportedly planning to set up a food processing park in Telangana. In this regard, the company has submitted proposal to the state government.
Meanwhile, the state government has cleared a proposal by the hotel division of the multi-business conglomerate for setting up a five-star hotel in Madhapur area, the IT hub of the state capital.
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.