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The Economic Times
The Economic Times

ITC eyes Rs 8 lakh crore FMCG opportunity by 2035, bets on AI and acquisitions

Sanjiv Puri ITC FMCG AGM

ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said during the company's Annual General Meeting (AGM) on Thursday.

Addressing shareholders at the AGM, Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly.

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