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India's coffee and tea renaissance: Are the stocks poised to ride the wave?

CCL (Cmp 1,056)

Why it’s recommended: CCL Products (India) Limited, established in 1994 and headquartered in Hyderabad, is the world’s largest exporter of instant coffee and a prominent private label manufacturer. It serves over 110 countries with a wide range of coffee products, including spray-dried, freeze-dried, and roasted coffee, under the “Continental” brand. Looking ahead, there seems to be some interest in Indian coffee exports, as the quality of production is seen as stepping up considerably. India was the world’s seventh-largest coffee grower in FY24, with robusta accounting for about 72% of total production. Currently, the sector is at an inflexion point as any disruption in these traditional markets may affect export volumes, logistics, payment cycles and price realisations.


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