| Date: |
02-01-2012 |
| Subject: |
Coffee Exports Rise 22% in 2011 |
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NEW DELHI: Coffee exports rose by 22% to an estimated 3.50 lakh tonnes in 2011.
The country exported 2.88 lakh tonnes of the brew in 2010, the Coffee Board data said.
"Coffee exports in the calender year 2011 are expected at about 3.50 lakh tonnes," a Coffee Board official told PTI.
India in the current calender year till December 29, 2011, has exported 3.46 lakh tonnes of coffee worth Rs 4,859.45 crore.
In the 2010-11 fiscal, overseas shipments of the brew rose by 50% to 2.94 lakh tonnes compared to 1.96 lakh tonnes in the 2009-10 financial year.
However, Coffee Board expects exports to come down in the current fiscal.
The board estimates coffee exports in the 2011-12 fiscal to drop by 14% to 2.40-2.50 lakh tonnes from 2.94 lakh tonnes in the 2010-11 fiscal.
India mostly exports coffee to Italy, Germany, the Russian Federation, Belgium and Spain.
Source : timesofindia.indiatimes.com
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