ITC Ltd. plans to invest ₹20,000 crore over the next five years to expand its FMCG and paperboard capacities. Chairman and Managing Director Sanjiv Puri announced that 35-40% of this investment will focus on FMCG, building Integrated Consumer Goods Manufacturing and Logistics facilities. About ₹7,000 crore will go into the paperboard and packaging business, including a new Greenfield plant. This strategic investment aims to enhance ITC’s production capabilities and market reach amid a challenging inflation and rural demand scenario.
India Grapples with “Strait” Jacket: Fuel Hikes and Gold Taxes Hit Home
As the sun sets over Mumbai this Friday, May 15, 2026, a sense of "belt-tightening" has permeated the national conversation. India is currently caught in a pincer move of geopolitical instability and domestic economic corrections, with the fallout of the West Asia...
