ITC Ltd.

ITC has commenced construction of its super premium five star hotel ‘ITC Narmada’ in Gujarat. The foundation stone of the luxury hotel, coming up in Vastrapur area of the Ahmedabad city with an investment of Rs 600 crore was laid on January 8, 2017.

Earlier, in December, the company had announced that it would set-up an integrated consumer goods facility and a five star hotel in state of Odisha entailing an investment of Rs 800 crore. 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.