History and Evolution

ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited. As the Company's ownership progressively Indianised, the name of the Company was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then to I.T.C. Limited in 1974. In recognition of the Company's multibusiness portfolio encompassing a wide range of businesses - Cigarettes & Tobacco, Hotels, Information Technology, Packaging, Paperboards & Specialty Papers, Agri-business, Foods, Lifestyle Retailing, Education & Stationery and Personal Care - the full stops in the Company's name were removed effective September 18, 2001. The Company now stands rechristened 'ITC Limited'.

The ITC Profile

ITC is one of India's foremost private sector companies with a market capitalisation of over US $ 33 billion and a turnover of US $ 7 billion. ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes magazine, among India's Most Respected Companies by BusinessWorld and among India's Most Valuable Companies by Business Today. ITC ranks among India's `10 Most Valuable (Company) Brands', in a study conducted by Brand Finance and published by the Economic Times. ITC also ranks among Asia's 50 best performing companies compiled by Business Week.

Entry Level Recruitment

Information on Campus Recruitment ITC visits premier Engineering and Management campuses every year to induct quality talent for its various Businesses.

Manufacturing Marketing and Human Resources Trading, Sourcing and Logistics Finance

Manufacturing ITC inducts talent for the Technical function from the 5 IITs (Chennai, Delhi, Kanpur, Kharagpur, Powai) and some of the NITs. Engineers from disciplines such as Mechanical, Electrical and Electronics, Production Engineering, Chemical and Civil are considered for placement. The process starts in August each year with a campus visit and a pre-placement presentation. This provides an opportunity for young aspirants to learn more about the Company, its history and achievements, its corporate strategy, details of its various businesses and the kind of careers they can look forward to.

The selection process is objective and robust. A range of selection tools are used. These include assessment centres, group tasks and in-depth personal interviews. Candidates found suitable for employment are immediately given offers to join ITC in July of the following year. After a comprehensive induction programme, they are assigned to various businesses of the Company. Marketing and Human Resources

ITC sources talent from the premier Management Institutes of the country for the Marketing and HR functions. These campuses include the IIMs, ISB, XLRI, FMS, IIFT, TISS, JBIMS and Symbiosis. The pre-placement presentation at campuses, normally in September/October each year, provides an opportunity for young aspirants to know more about the Company, its history and achievements, its corporate strategy, details of the various businesses and the kind of careers they can look forward to. During these visits, ITC also selects first-year students for Summer Internships during April to July of the following year. A team of ITC managers visits campuses once again between December and March for final placement. The process consists of group discussions and personal interviews preceded by psychometric tests and assessment centres. Employment offers are made to selected candidates immediately. On joining ITC in July, candidates undergo an induction programme before being assigned to one of the Company's businesses. Trading, Sourcing and Logistics

ITC visits premier institutes such as IIMA, IIFT, IRMA and MANAGE to induct talent for its Agri Business Division. Pre-placement presentations at campuses normally take place in September/October each year. These presentations provide an opportunity for young aspirants to know more about the Company, its history and achievements, its corporate strategy, details of its various businesses and the kind of careers they can look forward to.

During these visits, first-year students are selected for Summer Internships with ITC in April to July of the following year.A team of ITC managers visits these campuses once again between December and March for campus interviews. The process consists of group discussions and personal interviews preceded by psychometric tests and assessment centers. Employment offers are made to selected candidates immediately. On joining ITC in July, candidates participate in an induction programme. Thereafter they are assigned to responsibilities in Trading, Sourcing and Logistics in the Agri Business Division. Finance

ITC recruits entry-level talent for the Finance function from amongst qualified Chartered Accountants and MBAs specializing in Finance. Candidates are short-listed for selection from a pool of applicants that apply to ITC on-line through the Company's portal at www.itcportal.com. Recruitment of entry level talent in the Finance Function takes place twice a year.

Preliminary interviews are held at selected locations. The short-listed candidates are called to Kolkata for the final selection process which extends over two days. The selection process comprises psychometric tests, assessment centers, group tasks and personal interviews. The interviewing panel looks for a strong conceptual base in finance and accounting. Effective inter-personal skills, integrity, intellectual rigour, a "will do" attitude, creativity, leadership and high energy are other essential attributes. Candidates who receive offers of employment undergo a comprehensive induction programme before being assigned to the Internal Audit function. The tenure in the Internal Audit function normally extends over a period of 3 years. Following this, they are assigned operational responsibilities in one of the Company's businesses.

1.4 Profile of Human Resources in ITC

This section presents some summary descriptive data on the distribution of staff by section and the age profile of staff as well as the contract type. The data is limited by the manner in which the records are kept and collated, making it unduly costly to present more detailed information. Thus, for example, it is difficult for ITC to collate information to present a breakdown by professional training and background, by geographic origin, by gender. It would also be unduly expensive to correlate age groups with kind of contracts (permanent vs. fixed term), or to learn more about the length of stay with ITC. The following summary tables are provided: The distribution by sections of all staff at ITC headquarters including permanent staff, temporary staff, consultants and interns1. The distribution by section of staff positions funded from Regular Budget and Support Costs. Analysis of the age profile and contract type for the categories: Assistant Secretary General (ASG), Director, Permanent Professional Staff, Contract Professional Staff and General Service Staff2. This descriptive data provides background for the analysis of HRM in ITC. PROFILE OF HUMAN RESOURCES

ITC Organisation
1