While India and Chai go hand-in-hand, coffee is quietly becoming a major player on the export scene. The age-old debate of "Chai vs Coffee" might go on, but here's a surprising fact - India exports Coffee to over 50 countries worldwide! Here are some more interesting facts about Indian Coffee exports: 1. Europeans savour the flavour of Robusta beans. Italy, the biggest importer, takes a chunky 20% of India's coffee exports. 2. With historical ties to the Arabian Peninsula, the Middle East strongly prefers Arabica coffee 3. The world's taste buds are diversifying. Russia, Poland, the USA, Turkey, and Malaysia are showing interest in processed coffee from India 4. India ships out roughly two-thirds of the 3.6 lakh tonnes of green coffee beans they produce 5. India is the eighth-largest exporter of coffee by volume. Source: IBEF
About us
smallcase is a new way to invest in the stock markets. Get started at smallcase.com We are a financial technology company, focused on democratizing equity investing, started in 2015 and are based out of Bangalore. We are looking for smart, fun folks to join our team. Write to us at people@smallcase.com
- Website
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http://smallcase.com
External link for smallcase
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- Bangalore
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Investing
Locations
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Primary
Bangalore, IN
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Intermediate Ring Road
Bengaluru, Karnataka 560071, IN
Employees at smallcase
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Rakesh Rathod 💰
Smallcase | Partnerships - Money Managers and Mutual Fund Distributors | Chartered Accountant | CFP | Angel Investor
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Vipul Rawal ↗️
New Initiatives @ smallcase | Venture Partner @ Gemba Capital | Ex Cofounder @ Fintechlabs | Ex Perfios
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Anugrah Shrivastava
Changing how India invests @ smallcase | Tickertape | Windmill Capital | Zerodha Fund House
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Abhey Kalra
Founders' Office @ smallcase | Ex-RBI | IIT Kharagpur | Product & Strategy
Updates
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Did you know that Indians living abroad are a major source of strength for the Indian economy? Non-resident Indians (NRIs) send money back home, known as remittances, which contribute in a big way. Here's how: - In 2023, a record-breaking $125 billion flowed into India from NRIs - These remittances boosted India's foreign exchange reserves, which hit a high of $607 billion in December 2023 - Remittances account for almost 3% of India's GDP - The World Bank had predicted a jump in remittances to $100 billion in 2022, and it surpassed expectations, reaching $125 billion in 2023 - The rise is partly due to a change in where NRIs live. More Indians now work in the US, UK, and Singapore than in the Middle East. NRIs may be a powerful force that contributes to their families back home and India's economic strength and stability. What are your thoughts on this? Source: South India Bank
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Good news for Made-in-India clothes! In the first two months of this year, India's clothing exports hit US$5.86 billion, a 5.4% jump from last year. Here's why: People in Western countries are buying more lightweight clothes for summer, which is good for Indian cotton, fabric, and handwoven stuff After the pandemic, people are buying more things again, including clothes made in India. More people worldwide want clothes that are made fairly and don't harm the environment, and India is making these kinds of clothes Readymade clothes (like shirts and pants) are also selling well overseas, with a 4.47% rise in exports Traditional Indian crafts and carpets are doing great, too, with exports growing by 11.49% Source: IBEF
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