Air Marshal Nanda Cariappa Releases ‘War – The Ugly Mistress’ In City

April 30, 2023Arts, Culture & Entertainment, Famous Personalities of Kodagu / Coorg, Inspiration / Positive News and Features, Leaders, Records, All, Women/Girls (wef. Sept 03rd, 2022)admin

Mysuru/Mysore:

Air Marshal (Retd.) K.C. Cariappa (Nanda) released Dr. Lata Muthanna’s novel “War – The Ugly Mistress” at a programme organised by Mysuru Book Clubs-2015 at Sri Kanteerava Narasimharaja Sports Club (Mysore Sports Club) on Lalitha Mahal Road here last evening.

Speaking on the occasion, Air Marshal Nanda Cariappa said that his profession is related to the book. Pointing out that the book has focussed on Indian Navy, he said that it reminds one of the turbulent times of the war period over 50 years ago.

Noting that the author has vividly explained war scenarios, he said that the book has also highlighted the post-war scenarios.

Recalling his younger days when he dreamt of becoming a pilot, which he realised by joining the Air Force, he said that he was fortunate to get an opportunity to serve the Nation. He further said that everyone should read this book for a better understanding of the serious consequences of war.

Prof. K.C. Belliappa, former Vice-Chancellor of Rajiv Gandhi University, Itanagar, Arunachal Pradesh, who was the chief guest, said one can get a real war experience by reading the book and lauded the author’s contribution to literature though she is a doctor by profession.

Dr. Lata Muthanna, a well-known Consulting Physician, said the book owes a lot to serendipity. She stated that when she started to draw the outlines of the narrative, the civil war in Sri Lanka was still on. After the civil war ended, she went to Sri Lanka and spent time with the main character of her book, Angeline, a Singaporean, who as a child, had survived the Second World War. The book literally carries her (Dr. Lata) to different places and various periods of time. It was as though she lived through the wars and felt the fear, anger and desperation of all those who were involved in it, she said. Maintaining that no Government has the right to throw its people into the jaws of death, she said that the world citizenry should never allow that to happen.

The book release was followed by a panel discussion, in which retired Statistician Boverianda Nanjamma and retired engineer Boverianda Chinnappa took part. Both are translators and scholars of Kodava studies

Sharada Chengappa, a multifaceted personality, received the first copy of the book. Her husband Chengappa was a well-known freedom fighter, who had the good fortune of caring for Mahatma Gandhi when he visited Kodagu.

Mysuru Book Clubs-2015 Founder-President Shubha Sanjay Urs, Chinimamba Desraj Urs, Sita Bhaskar, Nalini, Kavita Bopaiah and others were present at the event.

source: http://www.starofmysore.com / Star of Mysore / Home> News / February 12th, 2020

Brigadier (Retd.) Mukkatira Ashok Cariappa

April 30, 2023Defence Services (Air,Land,Sea),Police (wef. Dec 09th, 2021), Famous Personalities of Kodagu / Coorg, Leaders, Records, Alladmin

Obituary:

Brigadier (Retd.) Mukkatira M. Ashok Cariappa (Para/Bihar), passed away at his residence, No. 1006, Brigade Horizon Apartments on T. Narasipur Road, Siddarthanagar here at 5.30 am today. He was 82.

A native of Devanageri in Kodagu, he leaves behind his wife Chitra Cariappa, sons M.C. Ponnappa and M.C. Muthanna and a host of relatives and friends.

Last rites will be held at the foot of Chamundi Hill tomorrow (Mar. 10) at 2.30 pm.

source: http://www.starofmysore.com / Star of Mysore / Home> Obituary / March 09th, 2023

‘Rotary Sainik Desh Rathna’ Award Conferred On Brig. B.M. Cariappa

April 30, 2023Amazing Feats, Defence Services (Air,Land,Sea),Police (wef. Dec 09th, 2021), Famous Personalities of Kodagu / Coorg, Inspiration / Positive News and Features, Nature, Records, All, Uncategorizedadmin

Mysore/Mysuru:

National Security Guard (NSG) Force Commander Brigadier B.M. Cariappa (Baleyada Muthanna Cariappa) was conferred the prestigious ‘Rotary Sainik Desh Rathna’ award at a programme jointly organised by Rotary Mysore Midtown and Shrisainik Foundation at Rotary Centre Hall on JLB Road here yesterday.

Speaking after conferring the award, Col. (retd.) Ravi Shirahatti lauded the acts of Brig. B.M. Cariappa during the victorious Kargil War against Pakistan.

Pointing out that Brig. Cariappa’s achievements and works are a model to young servicemen as well as armed service aspirants, Ravi Shirahatti said that though several will be willing to don Army uniform, it is not possible for many.

Noting that donning the Army uniform is a pride for everyone, he said that it is important to understand the past and history of Wars. Maintaining that those serving in the Army should be ready for sacrifice, he said, as such, the honour of Armymen will continue even after their retirement from service. Observing that a tree’s future depends upon the deep-rootedness and sturdiness of its roots, he said that the service profession demands valour, integrity, sacrifice and commitment. In the absence of these, the purpose of serving in the Army cannot be fulfilled, he said adding that he (Ravi) feels proud to have served the Indian Army.

Brig. Cariappa who spoke after being conferred with the award, reminisced on how he led his group during the 1999 Kargil War.

Noting that the first two attempts of the Indian Army in capturing the Khalubar Hills in Kashmir had failed, he said that he was then entrusted with the responsibility of capturing it, following which he came up with an innovative operation and succeeded in doing the job.

Explaining how the Kargil War was won, he said that crucial decisions were taken by the Indian Army during the War which resulted in a crushing defeat for Pakistan’s misadventure.

Earlier, Brig. Cariappa was accorded a grand welcome at the venue with Hootagalli KHB Colony’s Rotary Midtown Academy students playing Musical Instruments and saluting him.

Rotary Midtown President Rtn. M.S. Naveen Chandra, Hon. Secretary Rtn. S. Kumaraswamy, Rtn. K.L. Rakesh Babu, Rtn. S. Abhilash and others were present.

source: http://www.starofmysore.com / Star of Mysore / Home> News / February 23rd, 2023

Karnataka forest dept spent crores on afforestation in Kodagu district since 2015, shows RTI

April 30, 2023Agriculture, Business & Economy, Green Initiatives / Environment, Nature, Records, Alladmin

The RTI further revealed that the Bhadravathi forest division in Shivamogga did not spend a single rupee on afforestation since 2015.

kodagu forests — The RTI further revealed that the Bhadravathi forest division in Shivamogga did not spend a single rupee on afforestation since 2015. (Representational)

From 2015 to 2022, the Karnataka Forest Department spent Rs 1.98 crore and Rs 49,95,067 on afforestation in Kushalnagar and Bhagamandala forest ranges, respectively. The two forest ranges are located in Kodagu district. The figures were shared by the department in response to an RTI filed by The Indian Express.

The RTI further revealed that the Bhadravathi forest division in Shivamogga did not spend a single rupee on afforestation since 2015.

The amount spent on afforestation includes maintenance of the forests. However, some of the officials within the forest department opined that the forest department should concentrate on afforestation in the drier parts of Karnataka rather than spending crores in the Western Ghats.

“The Western Ghats has many naturally regenerated seedlings. The department should have pumped funds in greening the dry regions of Karnataka like Vijayapura, Raichur, Gadag and Koppal. These regions have less than 5 per cent green cover. Even in the Dakshina Kannada region, a huge amount is spent on afforestation,” a senior Indian Forest Service (IFS) officer of the Karnataka Forest Department said on condition of anonymity. Notably, a response from Dakshin Kannada forest region is still awaited.

Every year, Kodagu faces floods and huge loss of property and human lives.

Amount spent on afforestation in Bhagamandala range

2015-2016: Rs 15,82,293

2016-2017: Rs 3,10,974

2017-2018: Rs 3,66,500

2018-2019: Rs 14,33,305

2019-2020: Rs 4,03,750

2020-2021: Rs 3,02,865

2021-2022: Rs 3,35,720

2022-2023: Rs 2,59,660

Amount spent on afforestation in Kushalnagar range

2015-2016: Rs 11.17 lakh

2016-2017: Rs 12.90 lakh

2017-2018: Rs 24.66 lakh

2018-2019: no data

2019-2020: Rs 27.90 lakh

2020-2021: Rs 66 lakh

2021-2022: Rs 14.47 lakh

2022-2023: Rs 44 lakh

source: http://www.indianexpress.com / The Indian Express / Home> News> Cities> Bangalore / by Aksheev Thakur / Bengaluru – April 30th, 2023

Tiranga replaced Union Jack many times much before 1947 in Kodagu

April 28, 2023Amazing Feats, Famous Personalities of Kodagu / Coorg, Inspiration / Positive News and Features, Leaders, Records, Alladmin

In 1930, the tiranga was hoisted at a number of villages in Kodagu district.

The Madikeri fort, where freedom fighters replaced the Union Jack with the Tricolour. Credit: Special Arrangement

In 1928, Paruvangada Kushalappa attended the annual Congress session in the then Calcutta (now Kolkata) and was returning to Kodagu when he fell ill and passed away.

He was 38 years old and the president of the Coorg Agricultural Society.

The following year, an area in Ponnampet was named after him as Kushalapura and the tiranga (the Indian tricolour flag) was regularly hoisted there.

This flag was the old design which had three colours as well. In 1930, the tiranga was hoisted at a number of villages in Kodagu district.

That year, Mallengada Chengappa and two others removed the Union Jack at the Mercara (Madikeri) fort and replaced it with the tiranga.

For this act, they were arrested. Two years later, Satyagrahis again replaced the Union Jack with the tiranga at the fort.

After that, there were permanent guards to protect the Union Jack at the fort.

In August 1942, the Quit India movement had been declared all over India.

Several local leaders such as Pandyanda Belliappa, Chekkera Monnaiah, Kollimada Karumbaiah and C M Poonacha were arrested and deported to Vellore.

The British thought that there was now nobody to lead the movement.But they were wrong.

Gundukutti Narasimhamurthy organised a Seva Dal camp for volunteers in Madikeri. On August 18, Malachira Muthanna and two other students were arrested for hoisting the tiranga in front of the ‘Kodagu’ newspaper office at Madikeri.

On August 19, when students took out processions at various places, at least 12 of them were arrested and released that same evening.

Some of the high school students in Madikeri and Virajpet who had participated in the movement were expelled from their hostels.

They were driven out along with their belongings, suitcases and mattresses placed on their heads. Meanwhile, the British authorities arrested B D Ganapathi, a sub-editor of ‘Kodagu’ weekly, locked the newspaper office and sealed it.

The erstwhile peaceful movement turned violent and went out of control.

In November that year, dynamite parcels addressed to A S Machaiah, Mallengada Chengappa and Mukkatira Belliappa arrived in Kodagu.

The British authorities became alert, confiscated these parcels and arrested the three persons. Yet, this action didn’t stop the subversion that was planned.

Telegraph wires were cut in various places across Kodagu. Dynamite was found placed inside the post office and the police station in Virajpet.

The munsif court building in Virajpet was set on fire. Dynamite was thrown inside the Gonikoppa police station.

Koniyanda Thimmaiah, Mallengada Chengappa and C Chengappa were found guilty of cutting the wires. Chengappa was again arrested, along with, along with the other two.

On August 15, 1947, chief commissioner Diwan Bahadur Ketolira Chengappa replaced the Union Jack with the tiranga at the Madikeri fort, one last time.

source: http://www.deccanherald.com / Deccan Herald / Home> State> Karnataka Districts / by Mookonda Kushalappa / August 09th, 2022

This coffee estate property is now a holiday home in Coorg that promotes sustainability

April 27, 2023Arts, Culture & Entertainment, Records, AllAppachu Nanjappa, Appachu Nanjappa - CoFounder - Studio 4A, Architects of Coorg, Architects of Kodaguadmin

Studio 4A builds a serene escape amidst natural landscaping with an undeniable old-world quality.

This coffee estate property is now a holiday home in Coorg that promotes sustainability | Architectural Digest India — *Divya R*

The clients approached Studio 4A co-founders Vijay Narayanan and Appachu Nanjappa to build an estate house that would also double as a vacation home in Coorg. Located amidst a coffee estate with the views of the distant elk hills, the structure is barely visible from the driveway, which is at an elevated plane. This single-storied gable-roofed 4,000 square-foot house sits where an old house once stood.

“One enters the planar entry pavilion with a low floating roof. A forty-feet-long Kota cladded linear wall directs movement, creates an entry court and prepares one for the dramatic reveals of views yet to be experienced,” says Vijay. “We designed a house that celebrates the natural landscape and local climate. In a tropical setting , covered semi-open spaces allow one to be with nature while being protected. The house is designed as a response to its climatic context and organised into two distinct parts,” adds Appachu.

*Court at the entry framed by the Kota wall.* *Divya R*

Selecting materials and creating the inner courtyard and spaces integrated with the surrounding landscape have been key to modern design. They also focussed on upcycling pieces, such as the antique wooden column in the court that was salvaged from the old house that once stood on this site. The form and finishes of the structure are bare and simple hence in total harmony with the surroundings, celebrating the tropical weather and landscape.

This outdoor court is adjacent to the gallery and connects the two parts of the house. Divya R

The spectacular view of the hills and the starlit night skies get mirrored onto the infinity pool. — *The spectacular view of the hills and the star-lit night skies get mirrored onto the infinity pool.* *Divya R*

The tropical architecture, with long verandahs, courtyards, high ceilings, breezy folding doors and interconnected areas around the courtyard, create various outdoor spaces between the primary volumes including an exterior infinity swimming pool, a stepped sunken seating and a deck opening from the living area.

All private spaces such as the bedrooms are organised around a skylit internal court. The common spaces are in a... — *All private spaces, such as the bedrooms, are organised around a skylit internal court. The common spaces are in a separate wing.* *Divya R*

A pitched wooden roof imbues character and frames the view while ensuring ventilation. All the furniture is either... — *A pitched wooden roof imbues character and frames the view while ensuring ventilation. All the furniture is either repurposed from the old house or customised by Studio 4A.* *Divya R*

*A wooden dining table with three pendant lights reinforces the charm of the era bygone.* *Divya R*

The large windows from the bedroom open to the pool and the view beyond. High-pitched ceilings and expansive windows keep the bedrooms well-ventilated and negate the need for air-conditioning. All bathrooms have recessed ceiling lights which are concealed in the rafters of the roof. The surface finishes are dominated by cement oxide, repurposed dark wood ceilings and white-rendered walls to create contrasts between light and dark, thus creating a pared-back aesthetic.

The washrooms are wellventilated with glazed skylights that help keep the moisture away in humid weather. The wet and... — *The washrooms are well-ventilated with glazed skylights that help keep the moisture away in humid weather. The wet and dry areas have been defined using granite partitions.* *Divya R*

Rafters from the old house, door frames and furniture have been upcycled and reused in the new structure. Rainwater from the gables descends to a gravel path at the ground level; the water then gets channelled away through the drains in the periphery. As a result, planter boxes border the edges instead of metal fencing.

source: http://www.architecturaldigest.in / Architectural Digest / Home> Decorting / by Rashmi Haralalka / April 21st, 2023

Kodagu improves performance in II PU examinations, stands third in State

April 27, 2023Education, Records, All, Women/Girls (wef. Sept 03rd, 2022)Akshata L, Kodagu First, Niranjan K, Niranjan K - Kushalnagar, Puttaraju - Deputy Director - PU Department - Madikeriadmin

Kodagu has managed to improve its position in the second PU examinations. It stood third in the State, securing 90.55 per cent results. Last year, it was at sixth place in the State.

Compared to last year, the results have improved by 17.23 per cent, said Puttaraju, Deputy Director of the PU Department, Madikeri.

Out of 4,622 students who appeared for the examination in the district, 4,185 have cleared it.

In the Arts stream, 779 students out of 985 passed the examination, securing 79.09 per cent results. In Commerce, 2,168 students cleared the exam out of 2,347 students, securing 92.37 per cent results.

In the Science stream, Kodagu secured 95.97 per cent results with 1,238 students passing the exam out of 1,290 students who appeared.

Akshata L stood first in Kodagu in Arts getting a score of 578. In Science, Niranjan K. of Kushalnagar stood first in Kodagu with a score of 591 marks.

source: http://www.thehindu.com / The Hindu / Home> News> India> Karnataka / by The Hindu Bureau / April 21st, 2023

Ashwagandha, Mushroom, and Turmeric flavours: Here’s how Magicsip is changing the way we consume coffee

April 26, 2023Business & Economy, Coffee News, Coffee, Kodagu (Coorg)Ajash Sait, Ajash Sait - Director - Magicsip, Coffee from Coorg, Coffees of Kodagu, D H Soofi, DHS, Kodagu First, Magicsipadmin

Magicsip, the coffee revolutioniser based out of Coorg, is now venturing into functional coffees such as Ashwagandha, Mushroom, and Turmeric instant coffee.

Ashwagandha, Mushroom, and Turmeric flavours: Here's how Magicsip is changing the way we consume coffee

Are you someone who can only function after having a glass of coffee? And, like experimenting with flavours? If that’s the case, you’ll be happy to know you can try several unknown and unusual flavours. Magicsip, the coffee revolutioniser based out of Coorg, is now venturing into functional coffees such as Ashwagandha, Mushroom, and Turmeric instant coffee. You read that right!

The company has announced that it has received an undisclosed amount of funding from its parent company DHS, an establishment in the coffee industry since the 1990s. The strategic investment is aimed at expanding and further developing Magicsip’s business operations, including product development and extending its retail presence across Bangalore and another tier 1 cities.

To understand more about it, we got in touch with Ajash Sait, the Director of Magicsip. Here’s what he has to say:

How do you think coffee consumption has evolved over the years?

Coffee consumption has undoubtedly evolved over the years, with consumers now more discerning and demanding than ever before. Gone are the days of mediocre coffee that simply satisfies caffeine cravings. Today’s consumers crave a coffee experience that is rich, nuanced, and elevates their senses. As a result, we have seen a proliferation of speciality coffee shops and innovative coffee products, all aimed at meeting the sophisticated palates of today’s coffee drinkers.

What’s the USP of Magicsip coffee?

At Magicsip, we pride ourselves on delivering a premium coffee experience that is unmatched in quality and taste. Our coffee is sourced from the lush hills of Coorg, where the ideal climate and soil conditions result in coffee beans of unparalleled excellence. We also use a unique curation process that ensures our coffee is rich, aromatic, and bursting with flavour. In addition, our commitment to sustainability means that our coffee is ethically sourced and environmentally friendly, giving our customers peace of mind with every sip.

What are the flavours? Is it too risky to experiment? What is the market like?

We offer a range of flavours to suit every taste, from classic blends to innovative functional coffees. Our functional coffee range includes Ashwagandha, Mushroom, and Turmeric instant coffee, which offer a range of health benefits in addition to their delicious taste. We believe that it is important to push the boundaries of coffee experimentation, and we are constantly working to develop new and exciting flavours that will excite our customers. The market for specialty coffee is growing rapidly, and we believe that our commitment to quality and innovation will enable us to thrive in this dynamic industry.

How do you manage the funding?

We are fortunate to have the support of our parent company, DHS, which has a long-standing reputation in the coffee industry. This allows us to focus on what we do best, which is delivering premium quality coffee to our customers. We take a strategic approach to funding, using it to invest in product development, retail expansion, and other initiatives that will drive our business forward.

What are your expansion plans?

Our immediate expansion plans involve extending our retail presence across Bangalore and other tier-1 cities in India. We also plan to expand to Amazon US by the end of Q2, allowing us to reach a global audience with our premium coffee products. Beyond that, we are always looking for new opportunities to expand our business and bring our coffee experience to more customers around the world.

How do you manage competition?

We believe that competition is healthy and drives us to continually improve and innovate. At Magicsip, we differentiate ourselves from our competitors by offering a premium coffee experience that is unmatched in quality and taste. Our coffee is rich, aromatic, and bursting with flavour. We also offer innovative functional coffees that cater to the health-conscious consumer. Ultimately, we believe that our commitment to quality, innovation, and sustainability will enable us to stand out in a crowded market and continue to thrive in the years to come.

source: http://www.financialexpress.com / Financial Express / Home> Business News> Lifestyle / by FE Lifestyle / April 25th, 2023

UK-based EL&N to launch in India via retail conglomerate Reliance Brands

April 25, 2023Coffee News, World Opinionadmin

The boutique café group will seek to build upon its success in the Middle East by catalysing growing demand for premium café experiences in India.

Reliance Brands announced its EL&N partnership in a briefing following its latest quarterly results | Photo credit: via Shutterstock

UK-based boutique café group EL&N has agreed a franchise partnership with Reliance Brands to open outlets in India, its eighth market globally.

EL&N, renowned for its lavishly decorated interiors and claim to being the world’s ‘most Instagrammable café’, opened its first outlet in August 2017 in London and now operates 27 stores around the world.

Following success in the Middle East, where the café group operates 12 stores across Saudi Arabia, Kuwait, Qatar and the UAE, EL&N is seeking to enter new markets internationally.

With stores also in France and Italy, EL&N recently appointed Lagardere Travel Retail as its exclusive franchisee for travel locations and also begun regional expansion across its native UK market.

Retail conglomerate Reliance Brands, which is also the franchise partner for UK-based coffee and food-to-go chain Pret A Manger, announced its EL&N partnership in a briefing following its latest quarterly results.

Mumbai-based Reliance Brands opened the first Pret A Manger store in India in April 2023 and is reportedly exploring bringing Armani/Caffe, the boutique café concept of Italian luxury fashion house Emporio Armani, to India.

India’s out-of-home coffee segment is expanding, with domestic coffee consumption largely driven by younger consumers seeking new, premium café experiences.

While established global coffee chains, including Costa Coffee and Starbucks, which have operated in the country since 2005 and 2012 respectively, have seen their revenues increase in India over the last 12 months, newer international entries also see untapped potential within the most populous country in the world.

Canada’s Tim Hortons plans to open 120 stores in India in the next three following its market entry in August 2022, while Australia’s The Coffee Club is set to debut in India this year via new franchise partner CK Israni Group.

Dunkin’s Indian franchisee Jubilant FoodWorks Limited said its new store design, launched in November 2022, caters to growing demand for high-quality café experiences and premium beverages across the country.

Additionally, Singaporean private equity firm Everstone Group has signed a franchisee agreement to launch branded Lavazza cafes in India.

source: http://www.worldcoffeeportal.com / World Coffee Portal / Home> Weekly Coffee Dose / April 24th, 2023

Global Price Rise To Fuel Coffee Exports

April 24, 2023Business & Economy, Coffee News, Coffee, Kodagu (Coorg), World Opinionadmin

On Friday, the May contract of Arabica coffee on the New York exchange is being traded at 195.90 cents per pound ( ₹354.84 a kg), and the same contract of Robusta coffee is quoted at $2,442 per tonne ( ₹200.63 per kg) (Photo: Bloomberg) — On Friday, the May contract of Arabica coffee on the New York exchange is being traded at 195.90 cents per pound (R354.84 a kg), and the same contract of Robusta coffee is quoted at $2,442 per tonne (R 200.63 per kg) (Photo:Bloomberg)

SYNOPSIS

For the next two quarters, India’s coffee exports are expected to go up by 10% year-on year in value terms due to a shift to mid-premium coffee from expensive premium-quality coffee amid firm international prices.

New Delhi:

India’s coffee exports, which had risen 13% on year in the Q4 quarter in value terms, are expected to go up further because of higher international prices, driving consumers to less expensive coffee.

“The higher value because of the gain in the global market has made up for the drop in volume,” Ramesh Rajah, president of Coffee Exporters Association, said. Prices in the international market rose because of lower crop outlook in major producing nations like Brazil in view of torrential rainfall.

On Friday, the May contract of Arabica coffee on the New York exchange is being traded at 195.90 cents per pound ( ₹354.84 a kg), and the same contract of Robusta coffee is quoted at $2,442 per tonne ( ₹200.63 per kg).

Rajah forecasts Arabica coffee prices to be around 200 cents per pound on the New York exchange, and $2,300 per tonne for Robusta variety on the London exchange because of likely shortfall in supply in major producing countries such as Brazil and Vietnam as El Nino weather phenomenon are expected to disturb monsoon rainfall.

Brazil is the largest coffee producer globally, followed by Vietnam, Colombia, while India’s contribution to the global market is about 2.5-3.0%. India is an importer of raw coffee and exporter of instant coffee.

Coffee exports for the last financial year ended March hit a record high for the second consecutive year at $1.126 billion against the $1.088 billion target fixed by the commerce ministry.

“Exports are expected to be on par with the last financial year in value terms,” said Ajoy Thipaiah, chairman, Coffee Committee of United Planters Association of South India. “Volume of exports, however, may remain low.”

The export of coffee declined 3.6% in volume to 398,000 tonne in FY23 against 413,000 tonne in FY22, data from the Coffee Board of India showed.

According to Thipaiah, exports also rose due to a fall in shipping cost that had shot up seven-fold during covid in 2021 and immediately after covid in 2022. Shipping cost per container has plunged to the pre-covid level at ₹100,000-150,000 from ₹700,000-750,000. This is seen encouraging most medium-level coffee exporters, who were not able to export during covid due to higher freight costs.

The market for Indian coffee is niche and preferred by countries such as Italy, Germany and Russia.

The spike in exports has also been attributed to higher realisation. The per unit realisation for Indian coffee was 22% higher at ₹226,000 per tonne in the last financial year against ₹184,000 a tonne in 2021-22 (April-March), said KG Jagadeesha, secretary and CEO of India Coffee Board.

Exports in 2023-24 (April-March) will depend on prices and coffee production in India. Prices are good globally. However, the delayed blossom showers in major plantations in Kerala, Tamil Nadu and Karnataka may weigh on India’s coffee production this season significantly, which raises concerns over export volumes, Jagadeesha said.

source: http://www.livemint.com / Mint / Home> Markets> Stock Market / by Puja Das / April 23rd, 2023