Andhra Pradesh is country’s second largest coffee exporter DECCAN CHRONICLE.
Updated Jul 28, 2021, 7:24 am IST
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On an average, 3100 MT of mainly Arabica coffee is harvested in Andhra Pradesh. DC Image
VIJAYAWADA: Coffee exports from Andhra Pradesh have been growing at a Compound Annual Growth Rate (CAGR) of three per cent over the past five years and has become the country’s second largest exporter of coffee.
Pushkar Mukewar, co-founder and CEO, Drip Capital, said that Andhra Pradesh exported $142 million coffee in FY20, almost all of which constituted instant coffee exports.
He said that Drip Capital, Inc, a global trade finance company, had conducted a study of coffee trade across different regions in the country by analyzing proprietary and publicly available data, getting insights from coffee exporters, and understanding the emerging market trends dictating the dynamics of the sector.
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