ITC announces ₹20,000 crore capital expenditure plan
after close1 source ↓written by the desknot a recommendation
- capital expenditure plan
- ₹20,000 crore
- network
- 300 factories
- including
- 45 owned plants
Kolkata-based ITC Limited has unveiled a ₹20,000 crore capital expenditure plan aimed at expanding manufacturing capacity and enhancing domestic value chains. This investment will utilize its extensive network of over 300 factories, including 45 owned plants, to bolster export-oriented operations.
This strategic move may strengthen ITC's market position and drive growth in the FMCG sector.
Not investment advice. For informational purposes only.