India's coffee output seen rising 12.3 pct on higher acreage: Board

Reuters  |  MUMBAI 

(Reuters) - India's is likely to rise 12.3 percent from a year ago to 350,400 tonnes in 2017/18 due to an expansion in the area under cultivation, the state-run Board said on Tuesday.

The South Asian country, which is famous as a tea producer, is also the world's No.6 grower, mainly churning out the robusta beans used to make instant coffee, but also producing some of the more expensive arabica variety.

The country's robusta production is likely to rise 14 percent to 247,300 tonnes in the marketing year that started on Oct. 1, while arabica could rise 8.5 percent to 103,100 tonnes, the board said.

India, which some say started cultivation in 1670 with seven smuggled beans, exports three-quarters of its production.

Italy, Germany and Belgium are the main buyers of India's crop, paying a premium over global prices.

(Reporting by Rajendra Jadhav; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 03 2017. 18:14 IST