Coffee Exports Surge 56% in 2010.

Coffee export from India has increased by 56% in the calendar year 2010 because of strong domestic production and better pricing of Indian coffee in the international markets. India produced 2.89 lakh tonne of coffee in 2009-10, up by 10.4% from the previous year. Exports climbed to 2.92 lakh tonne in 2010 from 1.87 lakh tonne registered in the previous year.

According to statistics available with the state-owned Coffee Board, foreign exchange fetched through coffee exports in the year 2010 touched Rs 3,022 crore, up from Rs 2,005 crore recorded in 2009. Export of coffee produced in India stood at 2.47 lakh tonne in 2010, up from 1.52 lakh tonne a year ago while export of value added imported coffee stood at 45,430 tonne compared to 35,127 tonne. Arabica variety exports stood at 51,398 tonne while Robusta variety recorded 1.57 lakh tonne in exports in 2010.

Source : financialexpress.com