Sunday, July 20, 2025

Creating liberating content

In modern times where everything is digitally driven, kids spend

India’s foreign exchange reserves fell by $3.06 billion to $696.67

Related News

Representative image (AP) Japanese auto major Honda is aiming to capture a 30 per cent share in India’s two-wheeler market by 2030 as part of its broader global strategy to

In modern times where everything is digitally driven, kids spend more time looking at screens for online learning, video games, or entertainment. Unfortunately, all the extra screen time tires eyes,

Foreign investors have pulled out Rs 5,524 crore from Indian equities so far in July, turning net sellers after three months of buying, amid US-India trade tensions and mixed earnings.

India’s foreign exchange reserves fell by $3.06 billion to $696.67 billion for the week ended July 11, marking the second consecutive weekly decline, according to data released by the Reserve

The frantic daily routine of our lives requires us to be more active than ever. And why do you need an expensive gym membership to get muscle? If you are

Yellow teeth may seem like an inevitability of life, be it from drinking coffee, savoring red wine, or mere aging. Professional teeth whitening is an option, but there are those

Trending News

Representative image (AP) Japanese auto major Honda is aiming to capture a 30 per cent share in India’s two-wheeler market by 2030 as part of its broader global strategy to

Foreign investors have pulled out Rs 5,524 crore from Indian equities so far in July, turning net sellers after three months of buying, amid US-India trade tensions and mixed earnings.

India’s global leadership in food safety and standard-setting received a boost at the 88th Executive Committee meeting of the Codex Alimentarius Commission (CCEXEC88), with its millet grain standards earning praise

HDFC Bank on Saturday declared its first-ever bonus issue, approving a 1:1 allotment ratio under which shareholders will receive one fully paid-up equity share of face value Rs 1 for

Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC and a Schedule ‘A’ Mini Ratna Category-I company, on Saturday reported a consolidated net loss of Rs 272 crore for

Union Bank of India on Saturday reported a 12% rise in net profit to Rs 4,116 crore for the April–June quarter of FY26, compared with Rs 3,679 crore in the

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

Sign In

Welcome ! Log into Your Account