ITC agri business doubles revenue to ₹20,300 crore, targets 10 million farmers by 2030
ITC says its agri business has become India’s largest private-sector agri enterprise after doubling revenue in just over five years. The company plans four additional fresh-produce clusters and aims to expand ITCMAARS from 2.6 million farmers to 10 million by 2030.
ITC said its agri business doubled revenue to nearly ₹20,300 crore in FY26. It plans four fresh-produce farming clusters and will expand ITCMAARS, which has onboarded 2.6 million farmers, toward a 10 million-farmer target by 2030.
Why this matters
The agri expansion complements ITC’s ₹20,000 crore FMCG manufacturing push and follows its cigarette portfolio rework as tobacco taxes rise to about 70%.
Retail-company signals are accelerating, up 1,056,500% QoQ.