Aashirvaad Atta
We are optimistic about India story, says ITC's Director Hemant Malik
Irrespective of whether we experience tailwinds or headwinds, the market opportunities for our various food categories in India are very large, says Hemant Malik, executive director of ITC
 "We are optimistic about India story, says ITC's Director Hemant Malik")
ITC's FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad Rs 8k cr brand
Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the last three years while its Aashirvaad brand has become an Rs 8,000 crore product in terms of consumer spends, according to a company presentation. ITC is "one of the fastest growing FMCG Businesses in India" with rapid scale in revenues, which is largely "driven by brands developed in-house", ITC in an investor presentation released on Tuesday. ITC's FMCG products are now "present in 3 of 4 households in India," it added. Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 years. The Sunfeast brand has crossed over Rs 5,000 crore in terms of consumer spends, said ITC. Moreover, its snacks brand Bingo, Yipee under which it sells instant noodles, Agarbatti brand Mangaldeep, stationery brand Classmate and its spice brand Sunrise have crossed Rs 1,000 crore of consumer spends. The company measures annual consumer spend as the sum total of what
 "ITC's FMCG biz grows at 14% CAGR in last 3 yrs, Aashirvaad Rs 8k cr brand")
ITC stock puffed up over stable tax regime, steady volume recovery
Better capital allocation and valuation make it a preferred choice amid a volatile environment
 "ITC stock puffed up over stable tax regime, steady volume recovery")
ITC's Savlon rides Covid wave to post four-fold jump in consumer spend
The brand would be the first from the personal care portfolio to clock in consumer spend of Rs 1,000 crore, says firm
 "ITC's Savlon rides Covid wave to post four-fold jump in consumer spend")
Big brands tip the scales, grow faster and bigger than regional ones
National consumer brands outpace regional labels three years in a row, reports Kantar. Will the pandemic halt the trend?
 "Big brands tip the scales, grow faster and bigger than regional ones")
ITC to file 3rd FIR against videos showing plastic in 'Aashirvaad Atta'
According to ITC, the first video claiming presence of plastic appeared in July 2017 and was telecast on a local TV channel in Siliguri, West Bengal
 "ITC to file 3rd FIR against videos showing plastic in 'Aashirvaad Atta'")
