What is the full form of ITC

ITC: Indian Tobacco Company, International Trade Center, Independent Telephone Company

(i) ITC: Indian Tobacco Company

ITC Limited or ITC is an Indian conglomerate.

Conglomerate is a combination of two or more corporations dealing in totally different businesses and controlled by one corporate group. It is a large, multinational and multi-industry company.

ITC is one of the India?s premier private sector conglomerate which deals in five different business segments. It is headquartered in Kolkata West Bengal.

1. Fast Moving Consumer Goods (FMCG)
2. Hotels
3. Packaging and Paperboards
4. Agri-Business
5. Information Technology

ITC was established in 1910 as the Imperial Tobacco Company of India Limited. It was renamed as I.T.C. Limited in 1974. In September 200, the company is renamed as ITC Ltd. It has completed its 100 years in 2010. ITC have more than 60 centers across India and there is more than 25000 employees work for it. The main product of the company was cigarettes but now a day it deals in five different business segments. They are: Fast Moving Consumer Goods (FMCG), Hotels, Packaging and Paperboards, Agri-Business, Information Technology.

Products and Brands of ITC

Cigarettes: ITC Ltd. Sells 80% cigarettes in India. More than 275 million peoples use tobacco products and which market worth is almost 35000 crore.

Foods: ITC's major food brands are Sunfeast, Aashirwaad, yippee, candyman, Bingo etc. It deals in 4 categories of food business like Staples, Snack foods, Confectionary, Ready to eat foods.

Personal care products: Perfumes, Haircare, Bodycare products like Vivel, Superia, Engage etc.

Lifestyle Apparel: Wills Lifestyle, John Payers brands etc.

Stationary and Paperboard: Brands includes Classmate, Color Crew, PaperKraft etc.

Agarbattis and Safety Matches: Ship, Aim is the brand of Safety matches and Magal deep is the brand of Agarbatti.

Information Technology: ITC Ltd. Works as ITC InfoTech India Ltd which is a SEI CMM Level 5 company.

Packages and Printing: ITC Ltd. Provides packaging and printing services for domestic and export market.

(ii) ITC: International Trade Center

International Trade Center was formed by World Trade Organization (WTO) in1964. It is headquartered in Geneva, Switzerland. It was formed to provide trade related technical helps to WTO.

(iii) ITC: Independent Telephone Company

The Independent Telephone Company is a telephone company which provides local services in USA and Canada. This company usually operated in rural and sparsely populated areas.