ITC to relook at investments in wake of coronavirus pandemic
8th Sep 2020

ITC is going to relook at its investments in the wake of the coronavirus pandemic, although it has not dramatically altered the plans. The company, which is also adopting 'asset right' strategy in its hotel business, will go ahead with hotels that are under construction, even though they would be commercialised depending on how the situation unfolds going forward.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agribusiness, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.