Other articles
05 Apr 2018, Aleen Joy Jarasa, EMIS Editor

India’s coffee exports reached a new all-time high

India’s coffee exports set a new record both in terms of volume and value. Exports almost reached the 4-lakh tonne-mark for FY 2017-18, recording a 12% growth in volume and touching Rs. 6,226 crore in rupee value terms, Business Line has reported.

As the sixth largest producer of coffee, India has about two-thirds of its produce exported. The country’s Coffee Board issued export permits for 3.957 lakh tonnes (lt) last year, with the robusta and arabica varieties accounting for 2.257 lt and 52,569 tonnes, respectively.

According to Ramesh Rajah, President of the Coffee Exporters Association, the growth in exports is thanks to the increase in domestic production of coffees for shipments on good crop harvested in the past couple years. Robust demand from Europe and Russia also helped push up India’s coffee exports.

Sign in and read the full article in emis.com Original source: Business Line

RELATED ARTICLES