ITC targets ₹20,000 crore Aashirvaad consumer spend in five years

ITC plans to double annual consumer spending on Aashirvaad from about ₹10,000 crore through premium atta, ready-to-cook and frozen foods, staples and protein products. Chana Sattu, launched in eastern India, is slated for national scale-up.

— Source publishedSun, 13 Sept, 2026, 11:24 IST·First seen Sun, 13 Sept, 2026, 11:40 IST·Source Business Standard · Companies

What happened

ITC aims to double Aashirvaad consumer spending to ₹20,000 crore within five years by premiumising atta and expanding ready-to-cook, frozen, staples and protein

Key facts

  • ₹20,000 crore targeted annual consumer spending within five years
  • ₹10,000 crore current consumer spending
  • More than 200 SKUs
  • 66 manufacturing facilities
  • Around 28 crore households reached by ITC FMCG products in FY26

What changed

ITC aims to double Aashirvaad consumer spending to ₹20,000 crore within five years by premiumising atta and expanding ready-to-cook, frozen, staples and protein foods. Its new Chana Sattu, launched in eastern India, is planned for national scale-up.

Why this matters

Aashirvaad’s push into ready-to-cook, frozen, staples and protein products makes distribution, cold-chain readiness and regional launch execution critical to achieving its ₹20,000 crore consumer-spend target.

What to watch

  • Evidence that Chana Sattu moves from regional trial to repeat-led national demand.
  • Launch cadence and geographic rollout of ready-to-cook, frozen, staples and protein SKUs.
  • Aashirvaad segment sales growth versus the implied roughly 15% annual growth needed to double consumer spend in five years.
  • Gross-margin movement in ITC's foods business, especially amid wheat, pulses, edible-oil and packaging-cost volatility.
  • Quick-commerce assortment expansion, rankings and discount intensity for Aashirvaad convenience products.