New Delhi/Mumbai, July 25 -- Diversified conglomerate ITC Ltd is expanding its presence in new business segments such as food-tech, wellness, sustainable packaging and agri-tech platforms, as part of its broader 'ITC Next' strategy.

Speaking at the company's 113th annual general meeting, chairman Sanjiv Puri said the group is building a "future-ready portfolio" to navigate a challenging business environment. He said the environment was at a critical "TURN"-turbulence, uncertainty, rapid change and the need for novel strategies.

"Future readiness is not merely about adapting to change, it is about anticipating, innovating and proactively shaping the future," Puri said.

ITC's food-tech vertical, which combines its packaged foods, hospita...