In its 2024–25 annual report, ITC announced that its agri-business will continue to drive growth by expanding its portfolio of value-added agri-products. “The strategic focus remains on accelerating growth by scaling up the value-added agri-products portfolio,” the Kolkata-based conglomerate stated.
ITC’s agri-operations now handle over 3.5 million tonnes of throughput annually across 22 Indian states. The company is actively expanding across key value chains including spices, coffee, frozen marine products, and processed foods. In FY 2024–25, the segment recorded a 25% year-on-year revenue growth, reaching ₹19,753 crore.
The company has strengthened its position as a preferred supply chain partner for spices like chilli, cumin, turmeric, and coriander. It is also growing its footprint in organic farming through integrated crop management programs. ITC remains a leading exporter of value-added frozen marine products.
Despite global coffee supply shortages from Brazil and Vietnam, Indian coffee exports remained strong—a trend ITC capitalized on through strategic sourcing. The shrimp segment, however, encountered supply chain disruptions.
News by Rahul Yelligetti.