2. ITC was established on August 24, 1910 as the Imperial Tobacco
Company of India Limited in Kolkata. Initially, the company was involved
in the trading of imported cigarettes.
In 1925, in a backward integration move, the company started a
packaging and printing business. The name of the company was
changed to India Tobacco Company Limited (I.T.C. Ltd.) in 1974.
In 1975, I.T.C. Ltd., through ITC-Welcomgroup, tied up with
the US-based Sheraton Corporationto enter the hospitality
industry.
In 1990, I.T.C. Ltd. set up an International Business
Division (IBD) for export of agri-commodities.
3. I.T.C. started a greeting cards business under the brand name
Expressions in the year 2000. In the same year, I.T.C. also entered the
fashion retailing business by extending its well known cigarette brand
Wills.
I.T.C. started a greeting cards business under the brand name
Expressions in the year 2000. In the same year, I.T.C. also entered the
fashion retailing business by extending its well known cigarette brand
Wills.
In 2001, ITC made an entry into the foods business, and entered
the business of safety matches
In 2003, ITC started marketing incense sticks manufactured by
small scale and cottage units. In 2004, ITC was one of eight Indian
companies to make it to the "Forbes 'A' List" which featured 400
of "the world's best big companies". In March 2005, the board of
directors of ITC approved the company's five-year business plan
