OVERVIEW OF THE COMPANY
ITC was formed on August 24, 1910 under the name Imperial Tobacco
Company of India Limited. Later the name of the Company was changed
from Imperial Tobacco Company of India Limited to India Tobacco
Company Limited in 1970 and then to I.T.C. Limited in 1974. ITC
contains a wide range of businesses - Cigarettes & Tobacco, Hotels,
Information Technology, Packaging, Paperboards & Specialty Papers,
Agri-business, Foods, Lifestyle Retailing, Education & Stationery and
Personal Care. Finally the company changed its name to 'ITC Limited’ on
ITC Limited is an Indian public conglomerate company headquartered
in Kolkata, West Bengal, India. The company’s annual turnover is around
$7 billion and market capitalization of over $34 billion. The company has
its registered office in Kolkata.
The company is currently headed by YogeshChanderDeveshwar(
Chairman). It employs over 29,000 people at more than 60 locations
across India and is listed on Forbes 2000. ITC Limited completed 100
years on 24 August 2010.
ITC's Packaging & Printing Business was set up in 1925 as a strategic
backward integration for ITC's Cigarettes business. It is today India's
most sophisticated packaging house.
Managing diverse businesses. Itc has 105 subsidiaries connected with its
Wealth of local knowledge & International expertise helps it to be
globally competitive & high quality standard products &services.
Excellent export earnings.
Highly professional management.
Excellent distribution network.
A lasting impression by catchy ads.
High competition from established brands which has resulted in reduction
in profit margins.
Steep increase in cigarette taxes has adversely affected the revenue
Its hotel industry has still not created a big share in the market size.
OPPORTUNITIES: Big untapped market available for cigarettes, hotels, IT, retail garment,
packaging & agricultural products.
Good source of revenue & foreign exchange available by way of exports
of agricultural products, hotels & cigarettes.
THREATS: Negative publicity for smoking could affect its cigarette segment.
Government is under huge pressure from public organisations for banning
tobacco products which could affect it adversely.
Due to terrorist attacks the tourism industry has taken a back seat which
would affect the hotel segment.
Poor monsoon leads to poor agriculturalgrowth which would affect the
CIGARETTES AND CIGARS:
Duke and Royal
Gold Flake is the largest selling cigarette brand in the world especially in
parts of Uttar Pradesh;India. It is sold in various varieties, including Gold
Flake Kings (84 mm), Gold Flake Kings Lights (84mm), Gold Flake and
Gold Flake Lights. It is a well-positioned brand in India. This brand is
owned, manufactured and marketed by ITC Limited, the leading cigarette
maker in India.
ITC launched the brand Gold Flake in India in the seventies. The source
of the positioning of Gold Flake can be traced back to its early days. In
the seventies, India was a country of the genteel rich. People aspired to be
honourable and genteel. The lifestyle of the upper class was what the
customers aspired for.
The initial ads said, "Wherever you go they are peanut butter"[“Having
fun wish you were there" "Worth its length in gold”, then came the
Gracious People Campaigns – "for the gracious people" as the headline
followed by, "A touch of Gold", with the headline "A tribute to the
gracious people". Gold Flake had been traditionally positioned as a
The gracious people as defined by the brand were the premium class they
were successful, elegant, and responsible, and had a sense of purpose.
The consumer was bounded in the Indian ethos and roots. He was
perceived to be unapproachable and sociable only in his high class.
Single packet costs Rs.140
Single cigarette costs Rs.7
Gold flake is available at all small shops and big retail outlets.
Mainly male SEC A category smokers. It was meant to be a cigarette for the
elite and the rich – the gracious people of India. It did not differentiate itself
specifically from other brands. The brand was compared with Gold for the
quality and purity of experience. Advertising emphasised this comparison to
gold. The statement – "For the gracious people" – summed the core of the
It is broadly classified into:
Ready to Eat Foods: Kitchens Of India
Bingo! Was launched in March 2007 with a wide range of exciting
packaged salted snacks. The range includes multiple flavour variants of
Potato Chips & Finger Snacks. The brand is associated with youth, fun
and excitement. It fulfils the consumers need for variety and novelty in
snacks. At present Bingo! Has 3 sub-brands in its portfolio, each of which
have unique values based on product differentiators. The tagline used for
Bingo is: - NO CONFUSION GREAT COMBINATION.
Indian Flavour and available in different shapes and sizes.
Mainly there are two categories of products-Potato Chips and Finger
The potato chips are available in many flavours inspired by the snacking
habits of different parts of the country like Masala Chaas, ChatpataNimbu
and PaneerTikka. In addition to these 4 flavours, the classic flavours of
The offerings under the finger snacks segment are equally unique and
consist of pakoda inspired chips like Live Wires, Khakra inspired Mad
Angles, and corn based chips like TedheMedhe.In all there are 16
variants of Bingo.
Attractive Packaging given by the company. Bingo’s launch was
strategically timed around the World cup.
Low price i.e. available in the range of Rs.10, Rs.20.
Change in price according to competitor’s product price.By adopting a
consistent pricing strategy and by offering higher margins to the retailers,
Bingo has won the retailers’ hearts.
Available in 2,50,000 outlets across India.
Strategic alliance with Future Group.
Mainly targeted to kids of age around 10-15 years. However the
company is now focusing on all age group of India. The individuals who
are outgoing, fun-loving etc.
ITC GROUP OF HOTELS
• ITC Limited entered the hotels business in 1975.
• ITC hotels currently own and operate 100 hotels in 75 destinations.
• India's second largest hotel chain.
• The group today operates under different brands:
– ITC Luxury Collection Hotels.
– Welcome Hotel Sheraton Hotels.
– Fortune Hotels.
– Welcome Heritage Hotel.
ITC GRAND MARATHA
Room bookings – Eva, Towers, executives
SPA & Swimming pool
Meeting rooms/ Conference rooms
Restaurants & Bars
Meetings and Events
Promotion through FMCG goods
Media reports and media releases
Social service projects
• Hotel directories
• The prices are being charged according to facilities.
• The charges vary from Hotel to hotel.
• Pricing is the only mix which generates a turnover for the organization.
The target customers for the ITC group of hotels are mainly the rich class of the
society as the services provided by them are very luxurious and prestigious.
FIAMA DI WILLS
ESSENZA DI WILLS
FIAMA DI WILLS
care brand that
offers shampoos, conditioner, bathing bars and shower gels. It is owned by ITC
Limited, an Indian conglomerate with a turnover of USD 6 billion.
Launched on September 15, 2007, the brand was the second to roll out of ITC’s
personal care stable. Its USP is the blend of "natureand science" across
its portfolio of products, resulting from four years of intensive research at the
ITC Development Centre in Bangalore. It includes
Shampoos and conditioners
It also includes FIAMA DI WILLS PERSONAL CARE FOR MEN.
Endorsement done by brand ambassador DEEPIKA PADUKONE.
Advertisements done via the television, newspapers and various fashion
Promotion also done by sponsoring BEAUTIFUL FACE HUNT 2008
and WILL LIFESTYLE FASHION WEEK 2010
Go-to-market strategy seems to be the new mantra for the FMCG major
ITC. In Marketing Management, the term Go-To-Market strategy refers
to the channels a company will use to connect with its customers/business
and the organizational processes it develops to guide customer
interactions from initial contact through fulfilment. A firm's Go-ToMarket strategy is the mechanism by which they propose to deliver their
unique value proposition to their target market. That value proposition is
based on the choices the business has made to focus on and invest in
markets and solutions that they believe will respond positively to the
increased attention. To drive volumes in the competitive markets, ITC are
expanding their retail models.
Bathing bar-costs around Rs20-25 each bar
Gel bars-costs around Rs25-30
Shampoos –Rs100 and conditioners-Rs125
It is available in all leading retail outlets and small local shops.
They have targeted females between the age group 16-40years from the middle
income group. The target area includes urban and sub urban-upper middle class
• ITC is really doing well in all its product range. It has emerged as a major
conglomerate in the market as they believe in extensive market and
product research. It has diversified itself from just being a tobacco
producing company to spreading its branches in all the major sectors.ITC
has also spread its branches in the I.T. sector and has its own company
known as ITC INFOTECH.
• ITC also does CSR activities and has started E-CHOUPALS for the
farmers in many rural areas of the country.
• It also provides MICRO-FINANCE to the people in the rural areas.
• It has started various education programmes for the kids and various
schemes for WOMEN EMPOWERMENT in the rural areas of the
• ITC is going to invest Rs.10, 000Crores in 5000 rooms in the coming
years. The Company has seen a significant increase in the FII’s from