Eyeing further growth in the non-cigarette FMCG business, the country\u2019s largest cigarette maker, ITC, is open to acquisitions and is also planning to launch around 30 new products, mostly innovative, this fiscal. \u201cWe can also do something organically,\u201d Sanjiv Puri, managing director of the diversified conglomerate, said during a media conference after the 107th Annual General Meeting. The company may explore the possibility of acquiring \u2018Horlicks\u2019 brand, but it is not interested in buying \u2018Complan\u2019. \u201cIf it is (available) at a right price, why not? But I don\u2019t think bid is now open for that,\u201d Puri told reporters when asked whether the company is interested in acquiring Horlicks. Reportedly, GlaxoSmithKline (GSK) is exploring a possibility of selling its dietary supplement brand. On Complan, the MD, however, said, \u201cThat is a very clear no (for acquisition).\u201d According to media reports, Kraft Heinz is also considering a sale of children\u2019s energy drink brand Complan in India. In the last financial year, ITC had launched 30 new products in non-cigarette FMCG segment. \u201cThis fiscal similar number of products will be launched,\u201d Puri said. The company said it is pursuing a long-term strategy to build a cost-effective cold chain infrastructure for preventing agricultural wastage. \u201cRecognising the crucial need to unlock the lost value trapped in agri-wastage, our company is actively pursuing a long-term strategy to build a cost-effective cold chain that will contribute to raising rural incomes and lend a new growth driver to the company\u2019s agri-business,\u201d chairman YC Deveshwar told shareholders during the AGM.