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Govt plans subsidies for coffee processing

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Bloomberg New Delhi

India plans to subsidise the cost of processing more coffee domestically to increase the country’s roasting capacity, an official has said.

The government will “pay 25 per cent of the cost of equipment, including transportation and duties, to build roasting capacities,” GV Krishna Rau, chairman of the state-owned Coffee Board, said today in an interview in London.

India produced 4.85 million bags of coffee in 2007, or about 4 per cent of global output, according to the International Coffee Organization. About a third of the output was now roasted in India, mainly for domestic consumption, Rau said.“We have to reduce the length of the chain,” said

 

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First Published: Sep 28 2008 | 12:00 AM IST

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