indian tobacco company ITC's Remarkable Journey: Evolving from a Cigarette into a Food Powerhouse US bans bidis made by

US bans bidis made by Indian tobacco company Tobacco Products Manufacturer & Exporter Sopariwala ITC Limited Wikipedia ITC finally pulled the trigger on the hotel demerger. Here is the financial logic:, 1 Capital Mismatch: FMCG is asset light (High ROCE). Hotels are asset heavy (Lower ROCE). Keeping them together The West Indian Tobacco Company Limited (WITCO) saw its profits take a hit for the nine months ended 30 September 2025, with profit before tax falling 46 per cent to $82.9 million

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