WCRC Culture Crest · FMCG & Diversified Consumer

ITC Limited

#007 · FMCG / Diversified · WCRC Equity Index 88 · A2 — Culture Champion

From India's FMCG Sector Has Built the Country's Most Equitable Workplaces · WCRC Intelligence Unit · Published August 2026 · wcrcleaders.com · culturecrest.work

What the analysis says

ITC Limited's position at #7 overall with a score of 88 is the Indian conglomerate model at its most complete. ITC employs people across six business verticals — cigarettes, hotels, packaged foods, agribusiness, paper, and IT — and maintains a consistent equity culture across all of them. Its Trust and Belonging score of 96 is identical to HUL's, built through a different mechanism: not brand pride, but institutional security. ITC employees do not leave. Not because they are retained by golden handcuffs, but because they have built careers in an institution that thinks in decades.