Archive · 25 Jul 2025
ITC to Evaluate Strategic Options, Including ITC Infotech
ITC's Chairman, Sanjiv Puri, is considering different plans for ITC Infotech.
He said that ITC will consider the best options, just like they did for the hotels.
He pointed out how ITC uses different parts of its business together, like using the food, hotels, and digital teams to create their food tech business.
He also mentioned that the company is good at using its money efficiently.
Studies have shown that companies that have different types of businesses can sometimes make more money for their investors.
Sanjiv Puri, ITC's Chairman, stated that ITC will evaluate strategic options for businesses, including ITC Infotech.
Puri responded to a query about spinning off ITC Infotech, stating decisions follow extensive reviews.
He highlighted ITC's leveraged synergies, using the food tech business as an example.
Puri cited analyst reports affirming ITC's capital-efficient model.
He mentioned studies showing conglomerates delivering superior shareholder returns in some cases.
- Who
- Sanjiv Puri, ITC's Chairman and Managing Director.
- What
- ITC is evaluating strategic options for its businesses, including ITC Infotech.
- When
- July 25, 2025
- Where
- Not specified in the article.
- Why
- To determine the best strategic moves for ITC Infotech and other businesses, considering factors like business maturity and value creation.
- Company
- ITC
- Executive
- Sanjiv Puri
- Focus
- Strategic options for businesses, including ITC Infotech
- Business Example
- Food tech business
- Analyst observation
- Capital-efficient FMCG businesses