Tuesday, August 12, 2025

Creating liberating content

Analysts anticipate steady market conditions whilst monitoring developments regarding US

Intel CEO Lip-Bu Tan makes a speech on stage in

Related News

Analysts anticipate steady market conditions whilst monitoring developments regarding US tariff. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on

Top stocks to buy or sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Hindustan Zinc is a

Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk, the founder of xAI, on Monday threatened Apple with legal action over alleged antitrust violations

Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan May 19, 2025. Ann Wang | Reuters President Donald Trump said Monday that he and members of his

MUMBAI: Tata Group’s flagship hospitality arm, The Indian Hotels Company, (IHCL) is set to acquire a controlling stake in midscale chain Clarks, strengthening its play in the country where tourism

NEW DELHI: William Grant & Sons, the maker of top Scottish whisky brands, such as Glenfiddich, Monkey Shoulder, and Balvenie, apart from Hendrick’s Gin, has called the India-UK trade deal

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

India’s coffee export growth: Shipments up 125% to $1.8 billion in 11 years; Europe remains top buyer

Word Count: 690 | Estimated Reading Time: 4 minutes


India's coffee export growth: Shipments up 125% to $1.8 billion in 11 years; Europe remains top buyer

India’s coffee exports have surged by 125 per cent over the past 11 years, touching $1.8 billion in 2023–24, up from $800 million in 2014–15, according to central government data.The rise in exports has been attributed to a series of policy measures implemented by the Coffee Board of India, including digitalisation of permits, export incentives, and support for value addition in processing.As per the data, exports stood at $1.28 billion in 2023–24, compared to $1.14 billion in 2022–23. Europe continues to be the top destination for Indian coffee, with key markets including Italy, Germany, Belgium, Middle East nations, South Korea and Japan, PTI reported.To bolster exports, the Coffee Board has taken steps such as digital issuance of RCMC, export permits and certificates of origin, regular engagement with exporters to address bottlenecks, and providing global market intelligence.Additionally, the government has introduced transit and freight assistance, offering Rs 3 per kg for value-added exports and Rs 2 per kg for high-value green coffee shipments to far-off markets such as the US, Canada, Japan, and Nordic countries.To further aid domestic processors and entrepreneurs, the Board offers 40% subsidy on machinery costs, capped at Rs 15 lakh, for roasting, grinding and packaging units.“These measures are helping us reach newer markets,” said Divya Shree G S, founder of Vidi’s Coffee.Coffee Board CEO and Secretary M Kurma Rao noted that India’s coffee is largely shade-grown under native canopy trees, promoting biodiversity, soil and water conservation, and offering sustainable income to small and marginal growers.Veteran Coorg-based grower Bose Mandana added that shade-grown practices also align with EU deforestation regulations, strengthening India’s export readiness.Highlighting global opportunities, South India Coffee Company (SICC) founders Akshay Dashrath and Komal Sable said their firm is helping Indian producers and roasters expand abroad. “There is huge potential for specialty coffee exports from India,” Komal said.India, the seventh-largest coffee producer globally with a 3.5% share, ranks fifth in exports with a 5% global share. The country produces about 3.6 lakh tonnes of coffee annually, with Karnataka, Kerala and Tamil Nadu being top growers. The sector directly and indirectly supports around 2 million people.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account