Archive · 25 Jul 2025
ITC Considering Strategic Options, Including ITC Infotech, Says Puri
Sanjiv Puri, the boss of ITC, said the company is always checking to see how it can make its businesses better, including ITC Infotech.
He said they look at things like how well the businesses are doing and what the competition is doing before they make big decisions, such as splitting off part of the company.
Puri pointed out that ITC uses its different businesses together, like when it made its new food tech business.
He also mentioned that outside experts think ITC is good at managing money, especially in its food business.
ITC Chairman Sanjiv Puri stated the company is evaluating strategic options for its businesses, including ITC Infotech.
Puri emphasized that decisions, such as demergers, follow thorough reviews.
He cited the food tech business as an example of leveraging synergies across ITC's verticals.
Puri mentioned external assessments affirmed ITC's capital-efficient model in FMCG.
He noted studies suggesting conglomerates can deliver superior shareholder returns if managed well.
- Who
- Sanjiv Puri, ITC Chairman and Managing Director
- What
- ITC Chairman Sanjiv Puri discussed evaluating strategic options for the company, including ITC Infotech.
- When
- July 25, 2025
- Where
- Not specified
- Why
- To address shareholder queries and clarify the company's approach to business strategy and potential restructuring.
- Company
- ITC
- Executive
- Sanjiv Puri
- Topic
- Strategic options for ITC Infotech
- Business Model
- Conglomerate
- Date Published
- July 25, 2025