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'India's coffee export to surpass last year's level'
Thursday, 25 November 2010, 18:41 IST
New Delhi:India's coffee export in the 2010-11 crop year is expected to be more than last years' 2.7 lakh tonnes, although appreciation of rupee against dollar poses a challenge, according to a report by US department of agriculture (USDA).
In its report on coffee production, USDA said that boosted by the increase in production of coffee, India's export of the beverage bean is expected to be more than 2009-10 crop year. Crop year runs from October to September.
India has exported 2.7 lakh tonnes of coffee in the last crop year.
"Considering the larger size of the crop year 2010-11, coffee exports are forecast to match or even exceed 2009-10 exports," the USDA report said.
The report, however, noted that appreciation of rupee against dollar is also a challenge, as it would make exports less competitive and there are some quality issues in certain markets.
Source: PTI
Source: PTI