Adani Agri Fresh pushes beyond apples into cherries, plums, peaches as FTA reshapes import math

Adani Agri Fresh is leveraging its 25,000 MT controlled-atmosphere storage and 600-acre orchard base to extend from apples into stone fruit, betting that cold-chain depth will outlast the India-New Zealand FTA's 25% apple duty cut. Reliance, Mahindra and ITC are circling the same post-harvest play.

— FiledFri, 15 May, 2026, 08:05 IST·First seen Fri, 15 May, 2026, 08:04 IST·Source The Ken · Free list

What happened

Adani Agri Fresh expands beyond apples into cherries, plums and peaches, leveraging its controlled-atmosphere storage and cold-chain infrastructure. The

Key facts

  • 25,000 metric tonnes
  • 10 months
  • 600 acres
  • 130,000 trees
  • $1.2 billion
  • Rs 20,000 crore
  • 25% import duty

Why this matters

With FTA duty cuts compressing apple margins, expect accelerated M&A interest in orchard assets and CA storage capacity as incumbents race to lock in stone-fruit supply before Reliance and ITC consolidate the category.

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