Sanjiv Puri

To sustain India's growth trajectory, ITC Chairman backed the need for 'strategic' supply chain decisions and an effort to 'redouble' value addition in the economy, while stating that new brand launches are aimed at driving 'value accretion'.

India has capability, need to expand capacity: Baba Kalyani on local defence manufacturing

CII president Sanjiv Puri said Indian companies should strongly reassess their partnerships with firms from nations that supported Pakistan during recent conflict

ITC plans investment outlay of Rs 20,000 crore in next five years: CMD Sanjiv Puri

The capital allocation plan includes approximately 35 percent to 40 percent going into the FMCG sector, another 35 percent into paper boards and packaging, and the rest into other businesses, including corporate.

ITC to launch health and nutrition brand 'Right Shift' in next 10 days: CMD Sanjiv Puri

"The brand is expected to launch in a week or next 10 days and will offer targeted dense nutrition for strength and energy building," announced the chairman and managing director Sanjiv Puri of ITC at a media interaction post-annual general meeting on July 26.

Focus needs to be on investment-led inclusive growth: CII President Sanjiv Puri

The industry association CII expects the new coalition government to look at significant areas of reform to be taken forward which fall at the intersection of centre and state, like land, labour, agriculture, power and even fiscal sustainability at a “consolidated level”.

Income tax relief for those in lowest slab may need to be considered in Budget in view of high inflation: Sanjiv Puri

The industry body also said it does not see compulsions of coalition politics hampering the reforms in the third term of Prime Minister Narendra Modi. Instead, it believes that the performance of Indian economy and the success of policies in the previous two stints would set the base to accelerate the process.

Need to boost formalised skilling, social infrastructure in budget '24: CII President Puri

Puri noted that skilling is a critical area and given India's demographic, the share of formalised skilling has to go up significantly, as it's quite low.

ITC's Sanjiv Puri assumes Presidency of CII for 2024-25

Memani, holding the position of Chairman for EY (Ernst & Young) in the India region, is a prominent figure in the global professional services sector.

ITC plans to open more hotels overseas: CMD Sanjiv Puri

Besides the hotels business, the company will look for opportunities to expand the presence of FMCG and other verticals in new overseas markets as well.

India emerges as beacon of growth, to remain fastest growing major economy: ITC chairman Sanjiv Puri

In his address to shareholders in the company's annual general meeting, Puri said the country is buoyed by optimism and deeply engaged in realising that promise, striding on the pathways of clearly enunciated goals and policies.

ITC expects demerged hotels entity to flourish, backed by parent's 40% stake

ITC’s 40 percent stake will help instill a strong brand value, resonating goodwill, and offer a sense of stability and security to all stakeholders and employees involved, the company said.

ITC board recommends second term for Sanjiv Puri as company CMD

The company under Puri drove the 'ITC Next' strategy in the last four years encompassing digital acceleration, cost optimisation, investing in new growth vectors and ensuring supply chain agility, its officials said.

ITC: The one Indian conglomerate that’s in no hurry to win

Tobacco giant ITC is transforming itself into a long-term sustainability platform involving hundreds of millions of farmers and consumers. The market is paying attention

Corporate titans remain cautiously optimistic on Viksit Bharat

At a panel discussion, leaders of India Inc also shared their thoughts on the state of the economy and the likely trajectory ahead

Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD Sanjiv Puri

Presently there is a "phenomenal" amount of inflation, hence FMCG volume growth in rural areas is "muted" and the bulk of the growth is inflation lead, he said in a panel discussion at an event organised by industry body CII.

ITC to pursue 'asset-right' strategy for its hotel business: Puri

The Kolkata-based multi-conglomerate, which operates hotels under the brand names such as ITC and Welcome, also said that it is exploring foreign markets for its hospitality business, he said.

ITC to take FMCG brands to overseas markets: CMD Sanjiv Puri

The company, with popular brands like Aashirvaad, Sunfeast and Bingo, is looking to export to more than 60 countries, chairman and managing director Sanjiv Puri said at ITC's111th AGM

EXCLUSIVE: Digital and sustainability are mega trends that will shape the post-pandemic future: ITC Chairman Sanjiv Puri 

Market forces willing, Puri claimed, ITC is keen to invest Rs 10,000 crore over the next three years for acquisitions in the FMCG and IT business

India's agri exports can be doubled in 'medium term', says ITC Chairman

'I think the most important sector that we need to deal with is really the agriculture value chains. And to that I would also add the wood-based value chains as an opportunity,' Puri said.

ITC to invest $2 billion to create vectors for next leg of growth: CMD Sanjiv Puri

The company is also eyeing inorganic opportunities across categories while keeping digital and sustainability at the focus of its initiatives.

153 ITC employees receive salaries more than Rs 1 crore in FY21

ITC Private Ltd. added almost 39 new employees that received a salary of more than a crore, taking the total of such employees to 153 in FY21.

ITC wins the ICSI National Award for Excellence in Corporate Governance

ITC Company Secretary Rajendra Kumar Singhi was named the Governance Professional of the Year for his contribution towards adoption of effective governance processes.

Surprised by ITC’s underperformance, says Chairman and MD Sanjiv Puri

ITC's Sanjiv Puri said shareholder value is top priority, adding that he was 'surprised' by the stock price underperformance

ITC accelerates digitisation to enhance operational effectiveness: Sanjiv Puri

The current pandemic has accelerated manifold the transition to digitalisation that was already moving at high velocity and the company is adopting new-age technologies to stay ahead of the curve, Puri said.

ITC’s Sanjiv Puri marks out FMCG as the big growth engine in new normal post-Covid world

Puri, who completed a year in office as the company’s chairman this May, has made no bones of the company’s intent to shed its traditionalist approach on acquisitions in the FMCG space, which may well hold pointers of what could be coming.