Kolkata, July 25 -- Diversified conglomerate ITC Ltd plans to invest Rs.20,000 crore over the medium term to scale up its manufacturing presence across sectors, Chairman Sanjiv Puri said on Friday.

Addressing shareholders at the company's Annual General Meeting, Puri said, "Enterprises of the future will need to navigate the TURN - a pivotal inflection point shaped by Turbulence, Uncertainty and Rapid change - that calls for Novel strategies."

He highlighted the importance of redefining competitiveness through "compassionate capitalism" and pledged that ITC would continue to play a dual role in driving both economic growth and societal value.

Hotels demerger & acquisitions

The ITC chief described the demerger of the Hotels Business-ef...