Chairman YC Deveshwar said ITC would be looking for growth in every business that it is in, including some new ones.Meanwhile, the company reported an 18% growth in net turnover to Rs 3,900 crore for the quarter to June 30, 2008, with the main driver being the non-cigarettes business as the company continued to scale up new FMCG businesses and grew its agri-business, hotels and paperboard & packaging businesses.
Earlier, at the AGM, Deveshwar had waxed eloquent on the virtues
of agro-forestry and how the use of wood in housing should be
encouraged as wood is a good carbon sink.
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