ITC doubles down on frozen foods business; plans to acquire Prasuma for Rs 300 crore
According to Hemant Malik, Wholetime Director, ITC, the addition of Prasuma into ITC’s portfolio will help it build a full ...
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Finger lickin’ good: Big corporates eye the meat-and-fish market
ITC joined the ranks of fellow conglomerate Godrej which already has a pan-Indian presence in the frozen meats and snacks ...
ITC's Food Arm Is Emerging As the Behemoth's Key Pillar Of Growth
Although severe inflationary headwinds were witnessed across several key inputs during the third quarter; Atta, spices, ...
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India’s ITC strengthens position in frozen foods with Prasuma acquisition
Indian conglomerate ITC has agreed to acquire Prasuma to strengthen its presence in frozen, chilled and ready-to-cook foods.
ITC needs to step up FMCG play amid high costs, falling margins
ITCs multi-business structure helped achieve an 8% revenue increase in the December quarter despite sluggish profitability, mainly due to rising raw material costs. However, the profitability of its ...