ITC has usually been an investor darling mostly thanks to its diverse businesses. Its various sectors include FMCG, Agri, Paper, Hotels and IT.
While Hotels business demerger has been announced, I assume we will see ITC Infotech to be the next demerger candidate.
Now, this should be good news. But, what is the next business sector for ITC to enter into? I had read about ITC entering into Hospitals business as I had shared on 11th july 2023.
There has not been any update on this since 2017. Linkedin profiles of Dr. Chandy Abraham still show them as hired by ITC healthcare project.
This can be an excellent lever for ITC to grow to the next level.
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