Coffee exports up 125% to $1.8bn in the last 11 years: Govt data
NT Correspondent
Bengaluru
The country's coffee exports have jumped about 125 percent to USD 1.8 billion in the last 11 years on ac- count of a series of measures taken by the Coffee Board of India, according to the central government data. The exports stood at over USD 800 million in 2014-15. It was USD 1.28 billion in 2023-24 and USD 1.14 billion in 2022-23, the data showed.
Europe remains the top destination for the country's coffee exports. The major countries which import the commodity from India include Italy, Germany, Belgium, Middle East nations, Korea, and Japan.
The major initiatives taken by the Coffee Board of India to push the exports include online issuance with digital signature of registration-cum-membership certificate (RCMC), export permit, certificate of origin, regular interaction with the exporters to discuss bottlenecks and addressing those issues, and providing regular global market information and market intelligence.
The other export promotion steps included transit/freight assistance to maximise export earnings by enhancing the market share of value- added coffee. The government provides Rs 3 per kg for export of value-added products; Rs 2 for shipments of high value green coffees to far-off high value markets such as the US, Canada, Japan, Australia, New Zealand, South Korea, and Finland, Norway, and Denmark.
To support the busi- ness community for value addition, the board supports individuals, self- help groups, and growers. It provides 40 per cent cost of machinery with a ceiling of Rs 15 lakh for installation of roasting, grinding and packaging machinery. "These measures are helping us to reach newer markets," Vidi's Coffee Founder Divya Shree G S said.
English daily published in Bengaluru & Doha
