| Date: |
02-04-2011 |
| Subject: |
Coffee Exports Up 59% On Strong Global Demand |
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The country’s coffee exports jumped up by 59.34 per cent to 3.25 lakh tonnes in 2010-11, buoyed by a robust global demand.
Exports stood at 2.04 lakh tonnes last year.
“Coffee exports grew as India took the advantage of meeting the global demand, following production shortfall in major growing countries Brazil and Columbia,” Coffee Exporters Association of India President Ramesh Rajah said.
The total export value realisation also jumped by 75 per cent to Rs 3,789 crore in the FY11 as against Rs 2,165 crore in the previous year.
Source : deccanherald.com
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