ITC plans to invest Rs 20,000 crore in manufacturing units
Renowned business conglomerate ITC Ltd has plans to invest Rs 20,000 crore. As per the firm, it would invest in the medium term to expand its manufacturing footprint across sectors. At the annual general meeting (AGM), the firm said it has already established 8 new manufacturing units.
The focus would be on strengthening its presence in India with new brand launches, aiming to increase value.