ITC has lined up investment of around Rs 2,500 crore in Tamil Nadu as part of tapping food processing and hotel businesses. The FMCG major is currently engaged in setting up a food processing unit in Tiruchirapalli with investments of about Rs 800 crore.
The company also looks to manufacture some of its popular products including Bingo chips, Yippee noodles, Be Natural, and even ghee, in the state.
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.