Page 3 - Coffee

Coffee exports from India decline by 5.4% to 377,000 tonne in 2023

Coffee shipments from India declined 5.4 per cent to 3.77 lakh tonne in 2023 due to a fall in the shipment of Robusta coffee, according to the official data. The country had exported 3.98 lakh tonne of coffee in 2022. India, Asia's third-largest producer and exporter, grows Arabica and Robusta variety of coffee. Arabica coffee bean has lesser caffeine content than the Robusta. Arabica has a sweet and smoother taste, while the Robusta is generally more bitter and harsher on the taste buds. According to the Coffee Board of India's latest data, export of Robusta coffee bean declined 15 per cent to 1.87 lakh tonne in 2023, from 2.20 lakh tonne in the previous year. However, the shipment of Arabica coffee bean rose 5.79 per cent to 46,869 tonne in 2023 from 44,302 tonne in the previous year. Even Instant Coffee exports rose 6.68 per cent to Rs 1.42 lakh tonne as against 1.33 lakh tonne in the said period, as per the data. In terms of value, total coffee exports were at Rs 9,580.58 cr

TMS Ep606: NRI homes, coffee culture, Vodafone Idea, maritime corridor

Are NRIs driving up prices of homes? Has India matured as a coffee drinking nation? Is the rally in Vodafone Idea overdone? What is the Chennai-Vladivostok maritime corridor? Answers here

Tata Starbucks reports loss of Rs 24.97 cr, revenue up 70% in FY23

Tata Starbucks has reported a net loss of Rs 24.97 crore from its operations in India for the financial year ended March 31, 2023, according to financial data accessed through business intelligence platform Tofler. However, its revenue from operations was at Rs 1,086.89 crore for the said period, up 70 per cent helped by the addition of more cafes and expansion of the network in more cities in India. In India, Starbucks cafes are operated by Tata Starbucks Pvt Ltd. It is a 50:50 Joint Venture between Tata Consumer Product Ltd (TCPL) and Emerald City CV, a wholly-owned entity of Starbucks Corporation, USA. Tata Starbucks had reported a net loss of Rs 94.84 crore in FY22 and its revenue from operations was at Rs 636.11 crore. In FY23, Tata Starbucks' Advertising promotional expenses increased 84.45 per cent to Rs 34.05 crore. It was at Rs 18.46 crore a year ago. Besides, it has also paid a royalty of Rs 76.83 crore in the financial year ended March 31, 2023. Tata Starbucks has exp

Starbucks plans to double stores in India as coffee consumption booms

The global coffee giant wants to operate 1,000 stores in India by 2028, and the focus will be in so-called tier-2 and tier-3 cities - those outside of its biggest metropolises

Tata Consumer Products in talks for acquisitions to expand globally: Report

CEO Sunil D'Souza hinted that the company would not acquire in the sector where there is already fragmentation like fizzy drinks and processed snacks

Nestle says India, China are 'big focus' for growth of coffee market

"China is really a big focus, and India is a big focus," Navratil said

India priority market for Costa Coffee: Global CEO Philippe Schaillee

The brand opened its 150th store in India in New Delhi on Thursday

Third Wave Coffee raises $35 mn in series C funding round led by Creaegis

Third Wave Coffee is present in several major Indian cities, including Bangalore, Mumbai, Delhi, Gurgaon, Pune, Hyderabad, Noida, Coonoor, and Chandigarh

India showcases thriving coffee industry at World Coffee Conference

The Indian coffee market amounts $0.5 billion in 2023, and is expected to grow at 9.04% CAGR

Regenerative cultivation the way to grow India's coffee industry: Report

Environmental and economic concerns are two major challenges threatening India's coffee industry, according to a report released here on Monday. The report titled 'Regenerative Cultivation for Sustaining and Growing India's Coffee Industry' by Firefly Life Sciences Pvt. Ltd, a company that works on soil health and nutrition management, said regenerative agriculture aims to create harmony between the three pillars of sustainability -- economic, environmental and social. The aim is to balance conservation and environmental sustainability alongside the commercial production of crops like coffee. An emphasis is placed on methods like agroforestry, reviving natural ecosystems and managing and replenishing soil health on coffee farms. It extends beyond merely sustaining soil and natural resources, to actively restoring and reviving agricultural land, it said. Founder and Director of Firefly Life Sciences, Nandita Abreo, said, "Drastic changes in climate patterns over the past decade have

World Coffee Conference in Bengaluru from Sept 25 to 28: All details here

The World Coffee Conference-2023 is expected to draw participants from over 80 countries, including 2,400 plus delegates, 117 speakers, 208 exhibitors

Espresso coffee may prevent Alzheimer's symptoms, lab study finds

Compounds in espresso coffee may inhibit a process that is believed to be involved in the onset of Alzheimer's disease, according to early findings of a study conducted in lab. To make espresso coffee, hot water is forced through finely ground coffee beans, creating a concentrated extract. This is often used as a base for other drinks, including the trendy espresso martini. Recent research has suggested that coffee could also have beneficial effects against certain neurodegenerative diseases, including Alzheimer's disease. In healthy people, tau proteins help stabilise structures in the brain, but when certain diseases develop, the proteins can clump together into fibrils -- a process that is believed to be involved in the onset of Alzheimer's. The study, published in the Journal of Agricultural and Food Chemistry, nalaysed if compounds in espresso could prevent tau aggregation in vitro. Researchers from the University of Verona in Italy pulled espresso shots from store-bought bea

Shortage of beans drives up cost of even the cheapest cup of coffee

While many coffee lovers prefer the high-quality arabica beans sold in cafes, robusta is normally less expensive because the tree is hardier and requires less care

Big catching up to do for new players, looking beyond metros: Barista CEO

Unfazed by the growing competition from new players as well as international chains, coffee house Barista is now looking beyond metro cities to expand its footprint and drive growth, according to its CEO Rajat Agrawal. From coffee giants Tim Hortons, Tata Starbucks, the recently opened 'Pret A Manger' to local coffee-related startups like Blue Tokai, Sleepy Owl and Rage Coffee, everyone seems to be betting big on the growing coffee culture in the traditionally tea-drinking nation. However, the Barista CEO says that there is a "large level of catch-up" that has to be done by new players as the country's second-largest integrated coffee house with a presence in over 100 cities is growing at a rapid pace. The homegrown coffee chain brand, which last month opened its 350th store in India in Udaipur (Rajasthan), also looks to reach the count of 500 stores in the coming two years. "Now that we are already 350th, we are much above or far in terms of our number of stores presence. We have

Coffee with milk may have anti-inflammatory effect, says researchers

A simple cup of coffee with milk may have an anti-inflammatory effect in humans, a study conducted in laboratory suggests. Researchers from the University of Copenhagen in Denmark found that a combination of proteins and antioxidants doubles the anti-inflammatory properties in immune cells. Whenever bacteria, viruses and other foreign substances enter the body, our immune systems react by deploying white blood cells and chemical substances to protect us. This reaction, commonly known as inflammation, also occurs whenever we overload tendons and muscles and is characteristic of diseases like rheumatoid arthritis. Antioxidants known as polyphenols are found in humans, plants, fruits and vegetables. They are also known to be healthy for humans, as they help reduce oxidative stress in the body that gives rise to inflammation. The study, published in the Journal of Agricultural and Food Chemistry, analysed how polyphenols behave when combined with amino acids, the building blocks of ..

Chhattisgarh: Farmers in Bastar carve out new identity by planting coffee

Coffee cultivation in Bastar, which started in 2017 on an experimental basis in 20 acres by the horticulture department, has reached the farmers' fields

Cheers to coffee: How to pick up the best brew for your home pleasure

Instant, special, or traditional blends: Indians' choice for their daily cup keeps increasing

What's brewing? Bengaluru's India Coffee House gets a new look to woo youth

The Coffee Board plans to launch ICH cafes in tier-II and tier-III cities through the franchise model

Coffee exports from India up by nearly 2% to 400,000 tonnes in 2022

Coffee shipments from India, Asia's third-largest producer and exporter, rose 1.66 per cent to 4 lakh tonne in 2022 on rise in instant coffee exports and re-exports, according to the Coffee Board. Exports stood at 3.93 lakh tonne in 2021. In value terms, coffee export was higher at Rs 8,762.47 crore in 2022 as against Rs 6,984.67 crore in the previous year. India ships both Robusta and Arabica varieties, besides instant coffee. According to the Board's latest data, shipment of Robusta coffee declined marginally to 2,20,974 tonne in 2022 from 2,20,997 tonne in the previous year. Similarly, export of Arabica fell 11.43 per cent to 44,542 tonne from 50,292 tonne. However, export of instant coffee increased 16.73 per cent to 35,810 tonne in 2022 from 29,819 tonne in the previous year. About 99,513 tonne of coffee was re-exported in 2022, higher than 92,235 tonne in the previous year, the data showed. The unit per value realisation remained higher at Rs 2,18,923 per tonne as against

Commerce ministry may rework draft Bills on tea, coffee with NITI Aayog

The commerce ministry is likely to engage with Niti Aayog to rework the five draft bills pertaining to cash crops tea, coffee, spices, rubber, and tobacco, an official said. Earlier this year, the ministry proposed the repeal and updation of decades-old laws on these sectors and to introduce new legislation with a view to promoting their growth and creating a conducive environment for businesses. "Niti Aayog has raised certain objections with the ministry on these five bills. The issues were recently discussed in a meeting between senior officials. Niti Aayog suggested a relook and the ministry has sought its help on that," the official said. Niti Aayog has given its views on the drafts of Spices (Promotion and Development) Bill, 2022; Rubber (Promotion and Development) Bill, 2022; Coffee (Promotion and Development) Bill, 2022; Tea (Promotion and Development) Bill, 2022 and Tobacco Board (Amendment) Bill, 2022. The ministry had earlier also conducted stakeholder consultations on th