
Coffee growers in Kodagu step up efforts to tap the international market, eye Australia
The 120 growers have established Biota Coorg Farmers Producer Company, and in their ongoing efforts to find global market, hosted a 'Coffee Cup Tasting and Interaction' event to Deputy Consul General of Australia in Bengaluru General Steven Connelly, and others.
The office bearers and members of the company presented the taste of their shade-grown Robusta and Arabica coffee, cultivated in their plantations, to the visiting dignitaries that also included Steffi Cherian, Public Diplomacy Officer, Department of Foreign Affairs and Trade, Australian Consulate-General, Bengaluru
K.K. Vishwanath, CEO, said although Australia has been a coffee-consuming nation for a long time, it has traditionally imported coffee from other markets. 'Now, they are being introduced directly to Kodagu's unique shade-grown coffee through the Deputy Consul General based in Bengaluru,' he said.
This is an attempt to open new market opportunities for Kodagu coffee by establishing connections with Australian coffee businesses, said Mr. Vishwanath.
The host company appealed to the Australian delegation to act as a bridge by facilitating contacts with coffee traders in Australia.
The local growers also proposed the idea of enabling virtual 'cup tasting' sessions in which they would send coffee samples beforehand and requested assistance in creating a system to promote and market 'Kodagu Coffee' in Australia.
Mr.Vishwanath and other members of the company expressed confidence that given an opportunity to participate in coffee marketing programmes and exhibitions that are held in Australia, they could leave a lasting impression of Kodagu's coffee.
Earlier in the day, the visiting Australian delegation were taken on a tour of Kodagu's coffee estates and apprised of the methods of producing shade-grown coffee.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
12 hours ago
- Mint
China strong-armed Japan over rare earths. It's a lesson for the US.
TOKYO—The U.S. found out this year that China could use its chokehold on rare-earth minerals as a coercive tool when Beijing imposed export controls. For Japan, it was déjà vu: It had been the victim 15 years earlier. Tokyo vowed in 2010 to be ready for next time and over the years put hundreds of millions of dollars into Australian supplies. Yet as of last year, it was still relying on China for some 70% of its imports of rare earths, which are widely used in electronics, cars and weapons, according to the government-owned Japan Organization for Metals and Energy Security. When China restricted rare-earth exports in April, some of Japan's automakers again got hit. Japan's experience drives home lessons for the U.S., where the Pentagon recently agreed to take a stake in Las Vegas-based MP Materials so it can mine and refine rare earths on American soil. Tokyo found that partially reducing dependence still leaves Beijing with plenty of leverage. At the same time, complete independence costs billions of dollars, not millions. After the crisis passed and China resumed exports to Japan, the urgency to diversify supplies waned. That points to the danger of complacency in the U.S. After it was hit by Chinese rare-earth export controls earlier this year, the U.S. recently got Beijing to reopen the spigot as part of a trade deal. If costs don't matter, cutting reliance on China might be feasible, but businesses can't swallow high costs, said Kazuto Suzuki, a professor at the University of Tokyo's Graduate School of Public Policy. People in Japan 'understood that there was a vulnerability, but everyone still relied on China because the conclusion was that there weren't other options," Suzuki said. Four decades ago, a Japanese scientist named Masato Sagawa invented the most powerful type of permanent magnets containing a rare-earth element called neodymium. The breakthrough underlies the magnets widely used today. By early this century, it was China, not Japan, that had come to dominate supplies of the 17 rare-earth elements as well as the refining of the metals and manufacture of magnets containing them. In 2009, 85% of Japan's rare-earth imports came from China. Beijing realized it had a diplomatic tool and used it in 2010, when a Chinese trawler collided with Japanese patrol vessels near islands controlled by Japan and claimed by China. Japan detained the captain and crew, sparking a diplomatic clash. Japanese users of rare earths reported severe delivery disruptions, although Beijing denied doing anything. The captain was released under Chinese pressure, and tensions eased after a few months. But Japan sought alternative suppliers. 'We're going to pursue a variety of risk hedges," said Japan's foreign minister at the time. 'It isn't good to lean too much on one country." Tokyo's biggest initiative from that era was a deal with Australia's Lynas Rare Earths that, in hindsight, helped somewhat but didn't go nearly far enough or contribute quickly enough to undercut China's dominance. The government body now called the Japan Organization for Metals and Energy Security, or Jogmec, as well as trading company Sojitz provided Lynas a $225 million loan to secure rare earths for Japan. The Lynas project didn't help Japan with securing a subset of rare-earth elements known as heavy rare earths, which are generally less common than the light ones. The heavy elements include dysprosium and terbium, which are commonly used alongside neodymium, a light rare-earth element, in strong permanent magnets. The rare-earth elements tend to be intermingled. Miners are reluctant to invest in specialized equipment for processing the relatively small quantities of heavy rare earths that they extract alongside the light elements. Meanwhile, in the field of rare-earth magnets that Japan had once led, it actually deepened its dependence on China after the 2010 showdown. Japan's biggest companies formed partnerships with Chinese magnet makers in the 2010s, reasoning that they could protect themselves from political blackmail if they had friends in China with secure supplies. Among the deals was a joint venture formed in 2013 by Tokyo-based TDK with China's state-backed Rising Nonferrous Metals Share. The Japanese companies had production know-how that made them attractive partners at the time in China. Afterward, China's dominance grew. In 2013, Japan's share in the global neodymium-magnet market was at 23% while China held about three-quarters. By 2021, Japan's share fell to 15% while China's rose to about 84%, according to government figures based on data from research firm Fuji Keizai. It took more than a decade for Japan to do something about the gap in its policy. In 2023, the Japanese government body, Jogmec, and Sojitz invested an additional 200 million Australian dollars, equivalent to around $130 million today, in Lynas. The company recently started to produce dysprosium and terbium, up to 65% of which is headed to Japan under the deal. Separately, Jogmec and energy firm Iwatani said in March they would invest 110 million euros, equivalent to $129 million, in a subsidiary of France's Carester to support a project that could supply a fifth of Japan's demand for dysprosium and terbium. Japan now says it wants to beef up production of neodymium magnets, develop magnets using smaller amounts of rare earths and step up recycling.
&w=3840&q=100)

Business Standard
a day ago
- Business Standard
Delhi court denies bail to businessman in ₹48,000 crore PMLA fraud case
Delhi's Rouse Avenue Court has rejected the bail plea of businessman Harsatinder Pal Singh Hayer, accused in a money laundering case linked with the alleged cheating of investors to the tune of ₹48,000 crore. Hayer, the son-in-law of the late Nirmal Singh Bhangu, is one of the accused in the case linked to PACL. He is on bail granted by the Delhi High Court in a related case filed by the Central Bureau of Investigation (CBI). Special Judge (CBI) Jagdish Kumar rejected Hayer's bail plea in the money laundering case in view of the nature of allegations levelled against him. The court observed that the allegations against Hayer are that he has committed a white-collar economic offence involving the misappropriation of hard-earned money of gullible investors. "The gullible investors were allegedly duped to the tune of about ₹48,000 crores. The economic offences are considered grave in nature," the Special Judge stated in the order passed on July 25. The court also noted that the accused had allegedly attempted to destroy electronic evidence. "Although the trial of the case will take considerable time, considering the allegations against the accused and his role, I deem that he is not entitled to relief for enlarging him on bail. The application for grant of bail to the applicant/accused is dismissed accordingly," the order stated. During the hearing, the counsel for the accused, Harsatinder Pal Singh Hayer, argued that he had been in custody for about four months and that the investigation against him had been completed. So his further custody is not required. He also argued that Hayer was not the Director of any company which has allegedly collected money from gullible investors. He further contended that accused was not a guilty mind or knowledge that the amount infused in Australian companies were collected illegally hence it cannot be presumed that Hayer was having knowledge of the same being collected by illegal means. However, the Enforcement Directorate (ED), represented by Special Public Prosecutor (SPP) Naveen Kumar Matta and Mohd. Faizan, opposed the bail plea. ED submitted that Hayer is the son-in-law of Shri Nirmal Singh Bhangoo, and he was also one of the Directors of the two Australian Companies, namely M/s Pearls Australasia Pty Ltd from February 2012 to January 2016, and M/s Australasia Mirage I-Pty Ltd from 13.02.2012 to 14.08.2014. These are the companies to which POCs, generated by duping gullible investors, were diverted via M/S. PIPL, an associate company of M/s. PACL, ED argued. The ED also argued that Hayder had deliberately not disclosed the properties being purchased from the proceeds of crime being layered through PACL and its associated entities, either in his personal account or in the accounts of companies of which he was a director. Special Public Prosecutor (SPP) for ED also argued that Hayer is one of the Directors of M/s Pearls Australasia Pty Ltd and M/s Australasia Mirage I-Pty Ltd, in which ₹657.18 Crore was infused. It was further argued that a FIR registered at Police Station Zira, Punjab in 2020 and through investigation of that FIR, facts were revealed that Hayer was involved in the sale and purchase of properties being acquired from the proceeds of crime laid by PACL.


Time of India
2 days ago
- Time of India
Nagpur Universiy to offer dual degrees in tie-up with Australian universities
1 2 3 4 Nagpur: Nagpur University (NU) is set to offer dual degree programmes in collaboration with leading Australian universities, aiming to provide global academic exposure and enhance career-oriented learning. A delegation from the Australian Consulate, including trade commissioner Vik Singh and director trade and investment (skills) Shreya Singh, visited NU on Friday to explore opportunities for academic collaboration, student exchange, and skill-based training. The meeting was facilitated by nodal officer, Office of International Relations and Collaborations Vikas Jambhulkar, and attended by acting vice-chancellor Subhash Kondawar, registrar Raju Hiwase, and senior faculty. Vik highlighted Australia's interest in deepening educational ties with India and shared updates on Australian university campuses already functioning in New Mumbai and Gujarat, with more underway in Delhi, Uttar Pradesh, and Bengaluru. Shreya spoke about the success of Australian industry-integrated courses in states like Gujarat, Kerala, and Tamil Nadu, and expressed interest in replicating such models with NU. Deans of various faculties briefed the delegation on NU's academic ecosystem. They highlighted key courses in social sciences, commerce, interdisciplinary studies, and science and technology, along with the university's research infrastructure, innovation labs, and industry-linked programmes.