Tea Board Of India

Exports of tea from India increased by 14.8 per cent to 140.28 million kilograms in the first eight months of the 2022 calendar year, according to Tea Board data. Tea shipments during the January-August period in 2021 stood at 122.18 million kilograms (mkgs). The CIS countries, including Russia, Ukraine and Kazakhstan, remained the largest importer of Indian tea with 30.56 mkgs in the first eight months of 2022, marginally higher than 29.13 mkgs shipped out to these nations in the year-ago period, the data said. Sources in the industry said that tea exports did not pick up substantially due to shipping and container costs which skyrocketed due to the war between Russia and Ukraine. After the CIS countries, UAE was the second largest importer at 23.84 mkgs, a rise of 157 per cent from 9.27 mkgs in the similar period in 2021. Owing to economic sanctions imposed by the US on Iran, tea shipments to the west Asian country also failed to increase in the first eight months of 2022. Expo

'Tea price trajectory of the last decade reflects a prolonged phase of stagnation in price growth which consequently pushed a large segment of the industry into crisis'

Existing notification bars blending imported tea with GI-tagged Indian varieties; Sources said commerce ministry left it to the Board to take a reasoned call on modification

With two rival bids, the once powerful group that owns the world's largest tea producer is in danger of losing control of its last major asset

A notification banning blends of imported tea in GI-tagged teas has almost pushed Tata Consumer Products, the biggest buyer, out of the market

Data available on the Tea Board website showed that India's production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg

On exports, Indian tea will aggressively compete with Kenya and Sri Lanka, and also explore markets that have not been aggressively targeted so far

Most companies returned to profits in the June quarter, and indications are that the current quarter, which is typically a good time for tea industry, will be even better

The order will be mandatory for all the gardens in Darjeeling, Sikkim, Assam, Dooars and Terai regions of north Bengal, Tea Board sources said

Indian tea growers should focus more on orthodox tea manufacturing which has a good export market

Strong demand from buyers especially for quality teas supports uptick

Tea estates in Assam and West Bengal, after closure for three weeks during lockdown, resumed operations from April, 12, 2020 with partial manpower utilisation

Usually, during May-July, tea companies need a higher cash flow to ready the bushes for the second flush. This harvest is the most important in Assam and the second-most important in West Bengal

Brokers are of the view that opening prices of the season's fresh teas will be higher by Rs 30-50 a kg

Exports under pressure as major buyers battle Covid-19

Campaign to showcase Assam variety starts in Odisha, will be taken to other states soon

Tea Board of India has called an urgent exporters' meet this week to discuss means of staving off expected fall in exports due to coronavirus outbreak

Besides, a relaxation of 1-1.5 years can also be given to the plantation companies to enforce the Labour Code once passed by the Parliament

He said that the Tea Board's role should only be restricted to issuing licences for opening up the auction centres after duly checking their financial capabilities

What happens if the US refuses to exempt Chabahar port from sanctions, said an exporter