ITC Plans ₹20,000 Crore Capex for Technology, FMCG, and Hotel Expansion
3 hours agoBusiness
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2 SourcesPuri, India
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ITC Plans ₹20,000 Crore Capex for Technology, FMCG, and Hotel Expansion

ITC Limited is focusing on technology-driven transformation, new business creation, and expansion across sectors with a planned capital expenditure of ₹20,000 crore. Following the demerger of its hotels business, ITC is assessing its corporate structure to enhance competitiveness and long-term value. Chairman Sanjiv Puri highlighted digital initiatives like the ITCMAARS agri-platform and emphasized growth in FMCG and hospitality segments, aiming to create societal value alongside business growth.

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