Summary of ITC CMD Sanjiv Puri Speaks On Economy, Demand Outlook, Inflation Fears & More | EXCLUSIVE

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00:00:00 - 00:30:00

ITC CMD Sanjiv Puri is interviewed about the company's overall performance, demand outlook, and expectations for the coming holiday season. While inflation is a concern, the company is seeing strong growth across its various businesses.

  • 00:00:00 The interviewer speaks with ITC CMD Sanjiv Puri about the company's overall performance, demand outlook, and expectations for the coming holiday season. While inflation is a concern, the company is seeing strong growth across its various businesses.
  • 00:05:00 Sanjiv Puri, Chairman and Managing Director of ITC Ltd, discusses the economy, demand outlook, inflation fears, and more in this exclusive interview. He notes that, due to climate change and other issues, exports have been doing well in recent months, and that the company is focusing on value-added growth with its Agri-business platform. He also mentions that ITC is already working with 500,000 farmers, and that its food security and climate change efforts are helping to unlock opportunities.
  • 00:10:00 Sanjiv Puri, ITC's Chief Managing Director, discusses the economy, demand outlook, inflation fears, and more in this exclusive interview. He notes that the export sector is benefiting from opportunities, but warns that there are risks associated with investing in the agri-business. He also speaks about the commissioning of new plans, and capex outlook for the hotel business.
  • 00:15:00 The ITC CMD Sanjiv Puri speaks on the economy, demand outlook, inflation fears, and more in an exclusive interview. He states that they are focusing on developing new revenue streams and expanding their empire into new verticals, such as sustainable packaging and gluten-free options. The company has also set a goal of driving penetration in their brands by targeting new customer segments.
  • 00:20:00 The interviewer asks Sanjiv Puri about the economy, demand outlook, inflation fears, and more. He says that the company is leveraging digital technologies to address new customer segments, and is looking to acquire additional brands inadjacencies and new markets. He says that the cigarette business is growing at a stable rate, despite recent changes in taxation.
  • 00:25:00 Sanjiv Puri, Chairman and Managing Director of ITC, discusses the economy, inflation fears, demand outlook, and more in this exclusive interview. He says that while the legal cigarette industry is only eight percent of the tobacco consumed in the country, it is able to claw back some volumes from the illicit market. He also says that the overall ESG ratings of the company are A+, and it is part of the Dow Jones sustainability index.
  • 00:30:00 The host of CNBC TV 18's "Exclusive" segment interviews ITC CMD Sanjiv Puri about the economy, demand outlook, inflation fears, and more. Puri believes that the recession in Europe could spread to other places and that this could have a negative impact on the economy. He also comments on the company's plans for the upcoming holiday season, which he believes will be successful.

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