In a bid to scale up its non-cigarette fast-moving consumer goods (FMCG) business, Diversified conglomerate ITC is scouting for more acquisitions. The company is aiming cumulative brand turnover from non-cigarette segment to increase to Rs 15,000 crore in the next two-three years.
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.