About 60 companies and 500 delegates are expected to participate in the India International Coffee Festival 2016 that will be held in Mumbai from January 19to 23. The five day event is aimed at creating a gateway to the country's unsaturated market for the domestic and international stakeholders. The per capita consumption of coffee in India is pegged at around 90 grams.

"Celebrating with Coffee" is the central theme of IICF 2016 that will provide a glimpse into the current coffee development and emerging opportunities. Several eminent speakers, industry specialists and globally renowned experts will deliberate on how the coffee technology has evolved over the last two years.

Coffee Board chairperson, Leena Nair said the domestic consumption has been growing by 5-6 per cent annually over the past few years and stands at over one lakh tonnes. The Board has initiated a fresh round of survey to assess the consumption trends and the report is expected to be out by the end of the year. 

Nair also said that the crop prospects for the current season looks good on account of timely rains this year and that the exports were looking up in volume terms despite a fall in prices. The Board has issued export permits for 1.84 lakh tonnes till end October, a growth of 12 per cent over the previous year, she said.

Anil Kumar Bhandari, President, India Coffee Trust said growth in coffee consumption was higher in non-traditional areas such as the northern states at around 43 per cent, driven by the growing cafe culture, rising disposable incomes and lifestyle changes. In the traditional coffee consuming states, the growth in offtake was at around 2.5 per cent. The overall growth in domestic coffee consumption was at 5-6 per cent annually, whereas globally it is between 2-2.5 per cent.

The biannual flagship coffee sector event being organised by the India Coffee Trust, a not-for-profit organisation formed by various stakeholders, and supported by the Coffee Board of India.

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