India's Coffee Exports Hit Record High in FY24
| Summary/Static | Details |
|---|---|
| Why in the news? | India's Coffee Exports Surge to Record High in FY24 |
| Export Milestone | $1.14 billion (April-November FY24), 29% growth from FY23 |
| Annual Export Growth | 12.22% increase to $1.28 billion in 2023-24 |
| Key Markets | Italy, Russia, UAE, Germany, Turkey |
| Robusta Price Surge | 63% increase, peaking at $4,667 per metric ton |
| India's Global Rank | 8th largest coffee grower; 5th largest Robusta producer |
| Major Producing States | Karnataka (71%), Kerala (20%), Tamil Nadu (5%). Odisha and northeastern states contribute smaller portions. |
| Economic Impact | Employment for 2 million+ workers |