MUMBAI (Reuters) - India is likely to produce 316,700 tonnes of coffee in 2016/17, down 1 percent from an earlier estimate, as production of arabica has been revised downward due to poor monsoon rains, the state-run Coffee Board said in a statement on Thursday.
The country is likely to produce 96,200 tonnes of arabica coffee in the 2016/17 marketing year that started on Oct. 1, down from the earlier estimate of 100,000 tonnes, while production of robusta is pegged at 220,500 tonnes, the Board said.
The country's coffee production in the year would be 9 percent lower than last year's 348,000 tonnes, it said.
India exports three-quarters of its production. Italy, Germany and Belgium are the main buyers of India's crop.
(Reporting by Rajendra Jadhav; Editing by Subhranshu Sahu)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
