Tea Producers

The agreement expresses the parties' interests in continuing exclusive discussions in the matter and does not create any legally binding obligation on any party, it added

'Everything on the table' Abhishek Jalan of Carbon Resources about negotiations

Signs deal with Dhunseri group for the last four estates it currently owns

Revenues from operations at Rs 425.06 crore were lower by 13.93% from the same period last year

'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'

The Tea Board, in its notification, has kept the sanctity of GI intact and allowed blending only for teas not claiming the GI mark

Looks to get aggressive in segment dominated by Hindustan Unilever and Tata Tea

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

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

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Island nation largest orthodox tea supplier, exporting over 95% of its production, according to ICRA report

Some of the major buyers have privately ruled out bidding for the company

Once the world's largest tea producer, McLeod Russel, part of the Brij Mohan Khaitan group company, is now India's largest with about 31 estates

Tea workers in Assam, while demanding a wage hike, said they are unable to refill their LPG cylinders as the cost has gone out of their reach

The report also said that as tea is a fixed cost-intensive industry, a decline in the crop will substantially increase the cost of production for the NI bulk tea industry

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

Exports under pressure as major buyers battle Covid-19

ITA secretary general Arijit Raha said steps are being taken to ensure that tea garden workers avail central welfare schemes

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

Largest workers' union warns of serious consequence if 20% payout isn't made, even as tea firms ciote helplessness owing to dwindling profits