ITC to Invest ₹20,000 Crore in Manufacturing Expansion Under Bharat First Strategy

ITC Limited has announced a medium-term investment of ₹20,000 crore aimed at scaling up its manufacturing operations across India. The strategic move is in line with the company’s 'Bharat First' approach that focuses on strengthening its domestic presence before expanding globally.

₹20,000 Crore Investment to Fuel Manufacturing Growth

Chairman Sanjiv Puri disclosed at the company’s Annual General Meeting that ITC has committed ₹20,000 crore to expand its manufacturing footprint across sectors in the medium term. The conglomerate has already set up 8 new manufacturing facilities in recent years. This investment is aligned with ITC’s push to support India's growth story while accelerating its non-cigarette FMCG presence, which now contributes 65% to its overall revenue.

Emphasis on 'Bharat First' Strategy

ITC's investment plan closely follows its Bharat First strategy. This domestic-centric initiative aims to deepen market penetration across India before venturing into global markets. The approach supports national development goals while building scalable infrastructure for future exports.

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Integrated Manufacturing Hub in Uttar Pradesh

Among the new facilities is an integrated consumer goods manufacturing plant coming up in Sandilla, Uttar Pradesh. This plant will serve as a critical supply chain node supporting ITC’s growing food, personal care and hygiene product portfolio.

New Brands and Consumer Reach

ITC is actively launching new brands to drive value creation. With over 25 Indian brands, the firm reaches around 260 million households across the country and generates an annual consumer spend of over ₹34,000 crore. The push for brand expansion further fuels the need for enhanced production capabilities.

ITC Share Price Performance

On July 25, 2025, ITC share price opened at ₹410.00 on NSE, above the previous close of ₹409.95. During the day, it surged to ₹410.25 and dipped to ₹408.00. The stock is trading at ₹408.10 as of 12:21 PM. The stock registered a marginal change of -0.45%.

Over the past week, it has declined by 2.86%, over the past month, it has declined by 2.52%, and over the past 3 months, it has declined by 2.85%.

Conclusion

ITC’s planned investment of ₹20,000 crore reinforces its Bharat First vision by building manufacturing capabilities to support growth in the FMCG sector. With new plants and products in the pipeline, the company is positioning itself as a key contributor to India’s industrial and consumer evolution.

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