ITC was incorporated in 1910 as Imperial Tobacco Company of India Limited and over time diversified into other businesses like hotels, paper, agriculture, food, apparel and more. It is now one of India's largest conglomerates with a market capitalization over $33 billion. ITC employs over 24,000 people across 60 locations in India. The company aims to create value for shareholders and society through businesses anchored on its core competencies of distribution, branding, supply chain management and service.