ITC has announced in its 2024–25 annual report that its agri-business will continue to focus on accelerating growth by scaling up its portfolio of value-added agri-products. “The strategic focus of the agriculture business continues to be on accelerating growth by scaling up its value-added agri-products portfolio,” the Kolkata-headquartered conglomerate stated.
ITC’s agri-operations now span over 3.5 million tonne of annual throughput across 22 Indian states. The company aims to expand across multiple value chains, including spices, coffee, frozen marine products, and processed foods. Segment revenue grew by 25% year-on-year to ?19,753 crore in 2024–25.
ITC has cemented its role as a preferred supply chain partner in spices such as chilli, cumin, turmeric, and coriander. The business is also expanding organic cultivation under its integrated crop management programmes. “ITC continues to be one of the leading exporters of value-added frozen marine products,” the company reported. Despite global coffee supply shortages from Brazil and Vietnam, Indian coffee exports saw robust growth, which ITC leveraged through strategic sourcing. The shrimp segment, however, faced supply chain challenges.