ITC Ltd, the fast-moving consumer goods major, could be investing up to Rs 8,000 crore over the next few years to grow its various business, with the funds coming from its free reserves and the cash flows from its cigarettes business. Chairman YC Deveshwar said ITC would be looking for growth in every business that it is in, including some new ones. Meanwhile, the company reported an 18% growth in net turnover to Rs 3,900 crore for the quarter to June 30, 2008, with the main driver being the non-cigarettes business as the company continued to scale up new FMCG businesses and grew its agri-business, hotels and paperboard & packaging businesses. The profit after tax, at Rs 749 crore, was up 1% after adjusting for income tax refunds in the previous year's quarter.