Sanyo Tech Support

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Monday, 14 October 2013

Coffee consumption to touch over 125,000 tonnes

Posted on 08:46 by Unknown
Bangalore: The Coffee Board of India has estimated consumption in India to be around 125,000 tonnes for 2013. Domestic consumption is growing at a rate of 5-6 per cent annually since 2010.

This is almost double the figure when compared with that of United States Department of Agriculture, which recently pegged the Indian consumption at 66,000 tonnes, while the International Coffee Organisation (ICO) has estimated it at over 100,000 tonnes. “We have commissioned a study to assess the exact consumption of coffee in India and the results of the study will be available by the end of December this year,” Coffee Board of India Chairman Jawaid Akhtar said. He said the domestic consumption was 58,000 tonnes in 1987 when the country's population was 820 million. In 2011, the consumption crossed the 1,00,000 tonnes mark, while the population touched 1.21 billion. “About 7-8 years ago, the domestic consumption was growing very slowly and now, it is growing faster. South India is the largest consumer of coffee at almost 75 per cent of the total consumption. The Coffee Board is making efforts to push the consumption in western, northern and eastern parts of the country,” Akhtar said.

“The Board is organising events like India International Coffee Festival (IICF) to project Indian coffee as 'good coffee' and specialty coffee. In this direction, we organised our IICF at New Delhi in 2012,” he said.

Recently, the ICO stated that the consumption of coffee is growing rapidly in exporting countries like Brazil, Indonesia and India. It has pegged the Indian consumption at 114,000 tonnes, showing a growth of 4.8 per cent annually.

“Assuming that the consumption has grown only at 5-6 per cent year on year since 2010, the consumption in 2013 could be in the range of 125,000 tonnes,” Akhtar told Business Standard.

The Coffee Board has pegged the production of coffee for the year 2013-14 at 347,000 tonnes in its post blossom estimates. However, the chairman stated that it could come down by at least 10 per cent due to heavy rains between June and August this year, which resulted into ‘wet foot’ and ‘black rot’ diseases.

In an effort to increase awareness about drinking coffee and its health benefits, the Coffee Board in association with India Coffee Trust is organizing the fifth edition of IICF 2014 at Bangalore from January 21 to 25, 2014.

“The event provides avenues for enterprise development through value addition while simultaneously contributing to the creation of skill based jobs, particularly in non-conventional coffee drinking areas at the consumer end. To facilitate entrepreneurial development, the Coffee Board has been providing training sessions on coffee roasting, brewing among others,” Akhtar said.

IICF 2014 is expected to see participation of 1,000 delegates for the conference and workshops and over 10,000 visitors at the exhibition. National and international experts in the coffee industry including policy makers, exporters, manufacturers and planters are likely to attend this flagship event of the Coffee Board.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • India, Japan to raise currency swap limit to $50 billion
    Mumbai: In a bid to bring stability to the financial markets, the Indian and Japanese Governments have decided to expand their bilateral cur...
  • Indo-Australia pact to train farm workers
    Chennai: India and Australia have signed a memorandum of understanding (MoU) to strengthen cooperation in training farm workers that could g...
  • FIIs infused Rs 13,000 crore in the Indian stock market during September 2013
    New Delhi: Foreign institutional investors (FIIs) have invested Rs 13,000 crore in the Indian stock market during September 2013, after the ...
  • Cabinet approves 381-km rail corridor around NCR
    New Delhi: The Union Cabinet on Thursday approved the proposal to form a company — National Capital Region Transport Corporation Limited (NC...
  • Government plans to set up 2 spice parks in Uttrakhand
    New Delhi: The Government of India plans to set up two spice parks at Sitarganj and Sahaspur in Uttrakhand with the help of Spice Board of I...
  • Reliance Power to commission second unit of 660 mw at Sasan in December
    Mumbai: Reliance Power will commission the second unit of its sasan ultra mega power project ( UMPP) in December after it successfully lit-u...
  • Opportunities for foreign players in power exchanges
    New Delhi: The Government’s decision to allow foreign direct investment through automatic route in power exchanges while retaining the cap a...
  • Jaguar Land Rover opens test centre in Dubai
    Mumbai: Jaguar Land Rover has enhanced its West Asia test programme by opening a new engineering test centre in Dubai, UAE, to conduct extre...
  • U.P. to focus on economic infra in Rs 69,200-cr Plan outlay
    New Delhi: The Plan outlay for Uttar Pradesh for 2013-14 was on Thursday finalised at Rs 69,200 crore, including Central assistance of about...
  • Bilateral agreements with countries to promote tourism
    The Ministry of Tourism, Government of India has signed Bilateral Agreements/Memoranda of Understanding (MoU) with 47 countries, a tripartit...

Categories

  • ACC
  • eastern region
  • INDIA
  • INDIAN
  • kaizen sukumar
  • Mauritius
  • NSIC
  • Paraguay
  • sukumar
  • sukumar balakrishnan

Blog Archive

  • ▼  2013 (492)
    • ►  November (48)
    • ▼  October (55)
      • IRDA allows insurers more flexibility to invest
      • Pharmaceuticals Purchase Policy (PPP) for pharmace...
      • India Inc raises Rs 1.70 lakh crore in first half ...
      • Scania sets up assembly plant in India
      • Railway Ministry sets up High Speed Rail Corp.
      • CCEA approves Rs 500 cr for ‘green’ scheme for tex...
      • Indian businesses turn to IT to fuel growth: Study
      • Vodafone to invest Rs 10,141 cr to raise stake in ...
      • McNally Bharat Africa unit wins Rs 229-cr order
      • Government approves thirteen proposals of foreign ...
      • IL&FS Engineering bags Rs 150-cr rural electrifica...
      • Healthcare Technology Innovation Centre, National ...
      • Samsung, Sony, Nokia most attractive brands in Eas...
      • Hungary and India Sign Agreement for Promotion of ...
      • Govt allows Chinese power gear firms to set up ser...
      • Prism Cement first to get Italian quality certific...
      • Zydus Cadila, Pieris join hands for drug development
      • Germany eyes skilled talent from India
      • Gamesa India signs order for 54 MW wind power proj...
      • Centre eases eligibility criteria for UMPPs
      • Reliance Jio Infocomm to offer fixedline & wireles...
      • 14 projects cleared under coconut technology mission
      • Government plans to set up 2 spice parks in Uttrak...
      • IIM-A moves up The Economist B-school ranking list
      • ONGC’s foreign arm to acquire 12% stake in Brazil ...
      • Kozhikode Cyber Park eyes W. Asian markets
      • Gujarat government plans exclusive zone for Japane...
      • Coffee consumption to touch over 125,000 tonnes
      • Coal India registers 9.6 percent growth in coal pr...
      • Costume jewellery clocked 20-30% growth in FY14
      • Kalpataru Power Transmission bags Rs 620 crore orders
      • Indian cashews are favourites in Japan markets
      • RBI allows banks to borrow from international and ...
      • Venezuelan oil firm signs agreements with RIL, OVL
      • India to strengthen cooperation with ASEAN: PM
      • L & T gets two EPC orders in UAE, Qatar
      • Tata Power to set up coal-fired plant in Myanmar
      • JSW Steel acquires Heidelberg Cement's grinding un...
      • Foreign portfolio investors to get tax benefits si...
      • H&M’s Rs 700-cr FDI proposal gets DIPP green signal
      • Indians most committed to their employers: Survey
      • Godrej Properties to invest Rs 9,000 crore over 10...
      • Union Commerce Minister Anand Sharma opens fifth s...
      • Govt to spend Rs 3,507 crore to boost oilseeds out...
      • Cabinet gives nod to flagship programme for higher...
      • NHPC to invest Rs 20,000 crore in private hydropow...
      • Hyundai-Rotem supplies first coach to L&T Hyderaba...
      • UK, AP to share tech, work on energy conservation
      • Cognizant buys France’s Equinox
      • Electrosteel Steel gets nod for Rs 6181 crore CDR ...
      • Bilateral trade target of USD 90 billion between I...
      • Infosys, IBM bag over Rs 2,500-cr UK bank deal
      • Glenmark gets USFDA nod for skin infections cream
      • India, Mozambique Bilateral Trade to Reach USD 3 B...
      • Oman keen on marketing its dates in India
    • ►  September (101)
    • ►  August (88)
    • ►  July (86)
    • ►  June (66)
    • ►  May (48)
Powered by Blogger.

About Me

Unknown
View my complete profile