date:Feb 20, 2014
The move is in line with the company's efforts to establish itself as one of the leading food and beverages companies in the Asian country, reported The Economic Times citing a source familiar with the matter.
ITC is set to create new products in the non-carbonated beverage unit, including juices, tea and coffee, while the dairy segment will produce packaged milk, butter and ghee, among others.
With this development, the Indian firm is seeking to compete with the rivals such as Nestl, PepsiCo,