Incorporated on Aug 24,1910 as Imperial Tobacco Company It changed the name in 1970 from Imperial tobacco to Indian tobacco. ITC has a diversified portfolio including FMCG sector, hospitality sector, Packaging and Printing, Paperboards & Specialty Papers , Education & Stationery Products, Agri Business Nepal Subsidiary - First Steps beyond National Borders HUL is the biggest competitor followed by P&G as per market capitalization.