ITC standing out in a cluttered FMCG market with focus on quality

ITC has made steady progress in the FMCG space with relentless focus on quality and product differentiation

ITC Life Sciences and Technology Centre
The ITC Life Sciences and Technology Centre (LSTC) works on science-led innovation and the product development team, also housed at LSTC, translates such ideas into a product. There are several international collaborations for many of the products

A product would not get approval for launch if it were not top class quality. The idea was incepted by former and late chairman Y C Deveshwar and has stayed with the ITC management throughout its diversification journey.  The approval that Deveshwar was referring to was internal, what’s often taken longer than the clinical trials for some of the products from ITC’s non-cigarettes fast moving consumer goods (FMCG) portfolio.  Fabelle, the premium chocolate range, is a classic example. It was in the making for more than a decade and had unsuccessfully done ...