ITC Ltd.

ITC is in the process of setting up 20 factories for its FMCG products as it aims to garner Rs 1 lakh crore revenue from that business alone by 2030. In the previous fiscal, the diversified conglomerate’s revenue from FMCG including cigarettes stood at Rs 23,555 crore.

The company’s FMCG business includes cigarettes, foods, lifestyle retailing, personal care, education & stationery, safety matches and agarbattis.