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REPORT AND ACCOUNTS 2015

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R&D, Quality and Product Development

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Recognising that cutting-edge R&D can foster breakthrough innovation and create powerful sources of sustainable competitive advantage, ITC continues to invest in this area, leveraging its world-class infrastructure, benchmarked processes, state-of-the-art technology and a business-focused R&D strategy.

With a team of over 350 world-class scientists, the state-of-the-art ITC Life Sciences & Technology Centre in Bengaluru is engaged in developing unique sources of competitive advantage and building future readiness by harnessing contemporary advances in science and technology, applying them in product development and leveraging cross-business synergies.

ITC's R&D capabilities are utilised to develop future products in nutrition, health and well-being. In agri sciences, its efforts are aimed at developing new crop varieties with higher yields, better quality and other traits relevant to the Company's businesses. In a short span of time, ITC has applied for over 350 patents in India itself.

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