India’s coffee exports hit 9-yr low in dollar value during FY20: Drip Capital

India’s coffee exports have seen a steady decline in the last decade amid growing need for value addition across multiple stages of coffee processing globally and rising demand for specialty coffees, according to a report by global trade finance company Drip Capital, quoting data from Directorate General of Foreign Trade (DGFT). India exported nearly USD […]

Read more

Interview – India’s export rebound likely to fade away on W-shaped post-Covid recovery

guillaume-bolduc-259596-unsplash.jpg

Drip Capital, a digital trade finance company which provides credit to MSME companies in India with major focus on agro-commodities, believes that the export rebound in June is likely to fade away even though a Covid-induced lockdown has been eased. Pushkar Mukewar, co-founder and CEO of Drip Capital, spoke to Indoasiancommodities.com to explain why he expects a W-shaped recovery […]

Read more

Coronavirus in Iran affects India’s basmati exports; domestic prices fall

India’s exports of basmati rice to Iran, which are already facing the heat of the US-Iran standoff, have been hit further after Iran reported several deaths from the coronavirus outbreak, reports Business Standard. Following the outbreak, Iran has stopped Indian basmati shipments. This has led to exports already falling 18-20 per cent this fiscal year. Iran is […]

Read more