The increase in coffee prices has accelerated due to factors like unseasonal rainfall, a labor shortage, and growing demand, particularly among urban youth after the COVID-19 pandemic, according to experts. The unseasonal rainfall has caused damage to coffee crops, and a shortage of labor has slowed down the harvest process.
The increase in coffee prices has accelerated due to factors like unseasonal rainfall, a labor shortage, and growing demand, particularly among urban youth after the COVID-19 pandemic, according to experts. The unseasonal rainfall has caused damage to coffee crops, and a shortage of labor has slowed down the harvest process.
The World Coffee Conference-2023 in Bengaluru aims to give India recognition for its high-quality, sustainable coffee production, according to the CEO of the Coffee Board of India, K G Jagadeesha. He expressed optimism that the conference would help Indian coffee gain an identity and build a better perception among consumers, leading to higher prices.
Goyal urged the Coffee Board of India should work on taking Indian coffee to newer markets around the world. He also said that India being a large coffee producer needs to do a lot of work in the sector.
India s Union Commerce and Industry Minister, Piyush Goyal, emphasized the country s role in providing a sustainable roadmap for the world during the inauguration of the 5th World Coffee Conference. Goyal called for the involvement of the scientific community and the popularization of sustainable practices in industries.