ITC to invest $2 bn to expand capacity in FMCG, paper, packaging, agri-biz
ITC chairman and managing director Sanjiv Puri said the company is setting up new plants such as for spices which will cater to both exports and domestic markets, packaging plant in Gujarat since there are huge demand in that region from clients, a nicotine derivative plant and also adding new lines and upgrade existing ones. He declined to specify the investment horizon in years.
Source: indiatimes.com