ITC hikes stake in Mother Sparsh to 49.3% with ₹81 cr move

ITC Ltd has strengthened its presence in the baby care market by raising its stake in Mother Sparsh to 49.3% with an additional ₹81 crore investment. This move enhances ITC’s FMCG portfolio, complementing its long-term diversification strategy. Mother Sparsh, known for natural baby products, is witnessing strong digital growth and a rising revenue base.