ITC Ltd.

BSE: 500875 | NSE: ITC
Large Cap | Cigarettes/Tobacco
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ITC to offer its distribution network to startups, smaller FMCG companies: Report

Date: 07-09-2015

ITC is reportedly planning to offer its distribution network to startups and smaller FMCG companies that want to go national for a fee to create a new revenue stream. This will cover all parts of the country through some 4.3 million shops. The tobacco-FMCG-hospitality major is even open to the idea of acquiring stake in some of these smaller companies.

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.