ITC to set-up integrated consumer goods facility, five star hotel in Odisha
Date: 02-12-2016ITC will set-up an integrated consumer goods facility and a five star hotel in state of Odisha entailing an investment of Rs 800 crore. The integrated consumer goods manufacturing facility is being built on an area of 700,000 square feet at Khordha district in Odisha. It will roll out ITC’s food brands like Aashirvaad, Bingo, Sunfeast, YiPPee! from the unit. The group is also setting up a 110 room five star hotel in Bhubaneswar under its WelcomHotel brand.
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.