The following are the opportunities for ITC's growth and development

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Sudden price increases of essential raw materials used in manufacturing processes, such as agricultural products, metals or energy sources, may lead to higher production costs. These higher costs cannot be easily passed on to consumers, especially in competitive markets, resulting in tight profit margins. Also, volatility in raw material prices may disrupt ITC Ltd’s supply chain, leading to potential shortages or delays in the availability of raw materials.




Growing FMCG market
ITC Ltd has the potential to capitalize on the growing Fast-Moving Consumer Goods (FMCG) market. finland phone number data The growing FMCG market offers ITC Ltd the opportunity to diversify its revenue streams beyond its core businesses. While the company has a strong presence in sectors such as tobacco, hotels, paperboard and agribusiness, the FMCG market offers new opportunities for expansion. The FMCG market thrives on innovation and new product development, giving ITC Ltd the opportunity to showcase its research and development capabilities. The company can leverage its expertise in product development, packaging and formulation to introduce innovative value-added FMCG products. In conclusion, ITC Ltd’s diverse portfolio of businesses can create synergies and cross-promotion opportunities within the FMCG market.