ITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversification. ITC will invest Rs 20,000 crore over five years, strengthen FMCG operations and consider an ITC Infotech IPO after achieving scale.

ITC expects its addressable FMCG market to expand to around ₹8 lakh crore by 2035 and aims to strengthen its position through brand building, AI-led consumer insights, omnichannel…

ITC expects India's FMCG market to reach Rs 8 lakh crore by 2035, betting on AI, digital commerce, premium brands and acquisitions to drive growth.