After every difficulty, we emerged much stronger: ITC's Sanjiv Puri

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In an interview at the company's headquarters in Kolkata, Chairman and Managing Director Sanjiv Puri speaks to Ishita Ayan Dutt about how liberalisation transformed the competitive landscape

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Sanjiv Puri, Chairman & Managing Director, ITC

Ishita Ayan Dutt Kolkata

9 min read

Last Updated :

Sep 28 2026 | 11:59 PM

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From a modest outpost of an overseas-owned company on Kolkata’s Radha Bazar Lane in 1910 to an Indian conglomerate straddling a spectrum of businesses from the imposing Virginia House on Chowringhee, ITC has come a long way in the past 116 years, navigating a changing business terrain. In an interview at the company’s headquarters in Kolkata, Chairman and Managing Director Sanjiv Puri, who joined ITC in 1986, speaks to Ishita Ayan Dutt about how liberalisation transformed the competitive landscape, the conglomerate’s diversification gambit, and the role of innovation and talent as ITC charts its next phase of growth. Edited excerpts:

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