Stepping into a small business, and expanding it marvellously is the dream of many. There are many huge companies that initiated as a very small firm and later on stretched their business in a majestic manner. One such company is ITC Ltd (Imperial Tobacco Company of India Limited).
You must have heard about this company or seen its logo presence on various things. From FMCG to hotels, paperboards, packaging and much more, ITC has expanded its wings of business in a lot of things. The popularity of the brand is known by one and all.
ITC has today escalated many profit charts and is one of the top growing companies. But very few people actually know about the company’s starting years. ITC started back in 1910 and at that time it was just in the cigarettes and leaf tobacco business. Yes, for a long time, ITC only sold cigarettes and tobacco leaves. Gradually, with the passage of time, ITC made big profits and started trying hands on different things.
Today, ITC has not only emerged as India’s most sophisticated packaging house, but it is also is a diversified conglomerate with businesses spanning Fast Moving Consumer Goods comprising Foods, Personal Care, Cigarettes and Cigars, Branded Apparel, Education & Stationery Products, Incense Sticks and Safety Matches; Hotels, Paperboards and Packaging, Agri Business and Information Technology. With it, ITC is now a multi-business portfolio encompassing a wide range of businesses.
ITC’s growth from 1910 till now not only impresses, but also inspires many growing businesses. People should learn a moral lesson from ITC’s story, that is to explore and pursue every field in order to achieve the unbelievable.