ITC bets on taste-plus-nutrition with protein Atta, drinks and Coconut Cola

Foods CEO Hemant Malik outlines a product push spanning High Protein Aashirvaad Atta, upcoming protein drinks and B Natural Coconut Cola. ITC flags rising premiumisation across rural and urban India, while watching edible oil inflation as a key monitorable.

— Source publishedThu, 16 Jul, 2026, 21:03 IST·First seen Thu, 16 Jul, 2026, 21:11 IST·Source The Hindu BusinessLine

What happened

ITC's foods CEO Hemant Malik outlines focus on taste-plus-nutrition products, citing High Protein Aashirvaad Atta, upcoming protein drinks, and B Natural

Why this matters

The functional-nutrition thrust opens M&A and partnership opportunities in protein-drink formulation, health-food IP, and branded coconut/beverage assets to accelerate ITC's premium portfolio buildout.

What to watch

  • Edible oil price index and import duty changes
  • Repeat-purchase rates on protein SKUs vs base Atta
  • Competitor functional-food launches (HUL, Tata, Adani Wilmar)
  • Quick-commerce listing velocity for new formats
  • Rural FMCG volume recovery data
  • Scale High Protein Aashirvaad Atta distribution into modern trade and quick-commerce with introductory pricing
  • Launch protein drink line with celebrity/athlete endorsement to signal functional credibility
  • Hedge edible oil procurement and lock forward contracts to protect margins
  • Test Coconut Cola in high-index metros and coastal markets before national rollout