ITC Ltd.

ITC, cigarettes-to-hotel-to-FMCG major, will be investing Rs. 3,500 crore in West Bengal. The investment comes across various projects - hotels, IT centre, and manufacturing facilities - that the company has already proposed. Around Rs. 1,000 crore will be spent in the second luxury hotel that is coming up at Kolkata in West Bengal. Construction work for the hotel has already begun.

The other projects that the company has announced includes setting up of a IT facility - Infotech Centre, and two consumer goods manufacturing facilities - one each at Uluberia (Howrah) and Panchla (Howrah).

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.