Indian Coffee Shipments To Corona-Stricken Italy Hit
India’s coffee exports are set to take a hit in the April-June quarter as orders from the largest buyer Italy, which is battling a severe outbreak of novel coronavirus, have come down considerably over the past few days.
Italy accounts for over a fifth of India’s coffee shipments.
“Order booking has slowed down and exporters are somehow trying to execute the existing orders. The impact will be felt in the April-June quarter,” said Ramesh Rajah, President of the Coffee Exporters Association.