Thursday, August 16, 2007

Coffee Exports To Touch Rs 2,000Cr By 2010

New Delhi: Country's earnings via coffee exports are likely to touch Rs 2,000 crore by 2010 from current level of Rs 1,650 crore with the export quantity more than five lakh tonnes from current level of 3.3 lakh tonnes, according to industry chamber, Assocham. More than 80 per cent of domestic coffee output would be exported by 2010. The export will also increase because of rising demands from countries such as Italy, Russian Federation and Germany. Even Belgium is emerging as one of the largest importers of Indian coffee. The output of coffee in Karnataka will grow by 10 times by 2010 as the State's farmers would be sowing coffee plants in larger acreage's and the same would be case in Kerala and Tamil Nadu.

No comments: