[9] It has a presence across six business segments, namely FMCG, agribusiness, information technology, paper products, and packaging.

[17][18] Since the company was primarily based on agricultural resources, it ventured into partnerships in 1911 with farmers from the southern part of India to source leaf tobacco.

[21] ITC acquired Carreras Tobacco Company's factory at Kidderpore in 1935 to further strengthen its presence.

[citation needed] ITC helped set up an indigenous cigarette tissue-paper-making plant in 1946 to reduce import costs significantly.

ITC is a constituent of two major stock market indices of India: BSE SENSEX and NIFTY 50 of NSE.

[28] As of March 2024, British American Tobacco is the largest shareholder in the company with a 25.5% stake, followed by Life Insurance Corporation of India which holds 15.2%.

[30][31] Meera Shankar, Indian ambassador to the USA between 2009 and 2011, joined the board of ITC Limited in 2012 as the first woman director in its history.