Cocoa Association of Asia says consumption may pick up pace in the second half if vaccine roll-outs are successful, travel restrictions are lifted & global economy recuperates.
The International Cocoa Organization in November said India and China will be major drivers of chocolate demand as processing in the West shows signs of weakness.
India is currently one of the fastest-growing chocolate markets, with demand steadily rising over the past years. But chocolate producers are struggling.
Scientists are only just beginning to introduce early detection methods of the disease, which was identified nearly a century ago and has cut Ghana's crop forecast by 11% this season.
The global chocolate market shows no sign of slowing down with the three main cocoa processing regions reporting a rise in cocoa demand in the third quarter from a year earlier.
Indians have a fling for anything sweet and chocolate has become one of their favourite treats as they perceive it as healthy, hence they do not hesitate when it comes to snacking.
It is not often noted, but in the North, Bihar is the only state where the BJP has not come to power on its own. The party's desire to turn Bihar into UP should not be ignored.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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