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Economy News

The Economic Times

Economy / The Economic Times

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No slowdown yet, but inflation and El Nio are risks: ITC's Sanjiv Puri

ITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted strong Indian economic fundamentals despite global uncertainties, with inflation and El Nio as key concerns. Puri emphasized sustained margin expansion in FMCG, aiming for 80-100 basis points annually, and sees significant growth potential in nutrition-focused offerings and exports.

24 Jun 2026 12:58 pm