ITC Limited is an Indian conglomerate company founded in 1910 as Imperial Tobacco Company of India. It manufactures cigarettes, processed food, personal care products, lifestyle retailing, and stationery. The company aims to reduce costs through efficient supply chain management and strong research and development. ITC distributes products through a network of wholesalers and retailers across major Indian cities and uses segmentation variables like geography, demographics, and consumer behavior to target different consumer groups. Cigarettes contribute nearly half of ITC's total sales revenue.