Search Result for : Coffee Exports

The Dollar Business Bureau Coffee exports from India recorded a growth of 11.5% year-on-year in April this fiscal on account of robust demand in the world markets. The country exported $92.42 million worth of coffee during the month. The country’s shipment of coffee stood at $82.88 million in the same month last year, as per the data by Ministry of Commerce. In terms of rupee, the exports witnessed a growth of 8.22% at Rs.596.17 crore in the given month. India primarily exports Arabica and Robusta varieties of the commodity, in addition to instant coffee. The country’s key export destinations are Belgium, Italy, Greece, Germany, Spain and Switzerland. Coffee is one of the world’s most extensively traded agriculture commodities. India’s share is around 4.5% in the overall ...

The Dollar Business Bureau The government is planning to merge all the commodity boards and establish an umbrella organisation, a decision aimed at improving production and exports of crops such as coffee, tea and spices. The Ministry of Commerce pointed out that some of these commodity boards were established prior to independence, but their merger could harmonise their activities, leading to enhanced exports. The five commodity boards are responsible for output, development and outbound shipments of coffee, rubber, spices, tea and tobacco. “India has a huge potential to boost agri exports. One board will provide better services. So, we are working to form one specialised body with different verticals,” according to a senior commerce ministry. The Coffee Board was constituted in accordance with the Coffee ...

Sneha Gilada Indian coffee exports are up 18% in 2016 when compared to 2015, according to a report released by the Coffee Board on 2 Jan '16.   "The 2015-16 coffee crop achieved a record high of 3,48,000 MT of production. Due to great productivity and improved global prices in the second half of the year, exports have performed well," says an official from the Marketing and Research division of Coffee Board of India, Karnataka.  In terms of quantity, India has exported about 55,000 tonnes more in 2016. (305680.574 tonnes in 2015 to 360949.623 tonnes in 2016). While re-exports have increased by 23%, indian coffee exports have a slightly lower contribution of 16% to this overall improvement.  Despite a drop of 8% in the average per unit (tonnes) value of coffee, annual export realisation has surged from 5149.50 crores in 2015 to 5568.13 crores in 2016.  Arabica and Robusta, the two primary varieties ...

The Dollar Business Bureau  Coffee production in India is likely to be 3,16,700 tonnes for the crop year 2016-17, downward by 1.03% from the earlier estimate of expected output drop due to poor monsoon. Total coffee production in India was 3,48,000 tonnes in the crop year 2015-16 (October-September). “The overall output for 2016-17 is placed at 3,16,700 tonnes, marginally lower by 1.03% over the previous estimate of 3,20,000 tonnes for the same period,” Coffee Board said while releasing its second crop projections. While comparing to the previous year’s actual production, the coffee output this year is likely to be lower by 7.05%, it said. The production of Arabica is likely to drop to 96,200 tonnes in the current crop year from last year’s 1,03,500 tonnes, whereas ...

The Dollar Business Bureau India’s coffee production is expected to decline because of untimely rain, Commerce Minister Nirmala Sitharaman said on Monday. However, she maintained that the consumption of India’s coffee varieties has increased. “Unfortunately, because of the lack of timely rain during the blossoming season of coffee, we expect that there will be a fall in the total output in the coming years too,” she said in a reply to the Lok Sabha. She, however, said that consumption of coffee of Indian varieties has increased as several domestic brands are themselves establishing outlets specifically in the northern region of India, where the habit of coffee drinking is less compared to theSouth. The commerce minister stated that India has only 2 percent of the coffee ...

Since Manmeet was handed over the baton to build equity for Tata Starbucks in India, she has not only focussed on branding but also battled regulatory restrictions related to imports of whole bean coffee and other ingredients from three continents. Neha Dewan | March 2016 Issue | The Dollar Business Manmeet Vohra, Director – Marketing & Categor, Tata Starbucks The almost feverish pace at the Tata Starbucks office in Mumbai is impossible to miss. Inside the meeting room, a tray of cups with black coffee comes in promptly. “We will first start with coffee tasting which is always done through pure brewed coffee, without adding anything,” says Manmeet Vohra, Director – Marketing & Category at Tata Starbucks India. Recently, she was certified as ...

In October this year, agricultural products such as rice and cereals witnessed a huge decline, of 40.68% and 39.27% respectively Deepak Kumar |The Dollar Business Bureau The government had, last month, announced a 3% interest subsidy scheme applicable on all exports of Micro, Small and Medium Enterprises (MSME) and 416 tariff lines   Exports of six out of ten agricultural products tumbled by a significant margin in October this year, while overall exports contracted by 17.53% to $21.35 billion. Exports of oil meals recorded the maximum decline as it fell by over 65% to $28.34 million from last years $81.06 million. Other agricultural products such as rice and cereals, too, witnessed a huge decline, falling by 40.68% and 39.27% respectively. During the month, outbound shipments of ...

The Dollar Business Bureau Uncertainty looms large over India’s coffee exports in the wake of falling coffee prices globally following the forecast suggesting bumper crop in Brazil and Vietnam, the two major coffee producers and exporters of the world. With coffee harvest of Brazil to be better-than-expected in the coming season, the prices in the international market are likely to move further downwards. This comes as a bad news for the Indian exporters since a high production from the two coffee majors will leave them with limited demand overseas. According to the industry players, the unexpected high production from Brazil has upset the calculations. “Brazil traditionally has harvested its coffee on a two-year cycle, between ‘on’ and ‘off’ years. Since last season ...