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Tea Production

Figure is even marginally lower than in 2020, when a nationwide lockdown was imposed to contain Covid-19; Tea Board chief says output has gone down because due to old bushes

Updated On: 24 Feb 2023 | 11:38 PM IST

Tea exports from India have increased 18.1 per cent at 185.31 million kilograms between January and October 2022, from 160 million kilograms in the similar previous first ten months. According to Tea Board data, the CIS block countries remained the largest importer at 43.65 million kilograms during the first ten months of 2022, up from 36.95 million kilograms in the same period the previous year. The UAE surfaced as the second largest importer at 32.95 million kilograms during the period in 2022, substantially higher from 12.45 million kilograms in the previous similar period. Iran, which had been a big importer of the Indian orthodox variety, imported 19.52 million kilograms in the period January to October 2022, lower from 21.45 million kilograms in those 10 months in 2021. Secretary general of Tea Association of India (TAI) P K Bhattacharya said that though shipments to Iran had fallen, the silver lining is that UAE has surfaced as a major importer after the CIS block. Tea indu

Updated On: 06 Jan 2023 | 5:44 PM IST

The tea industry has been no exception to the ravages of the Covid pandemic over the last two years, as it grapples with low prices and high input costs, with stakeholders calling for more focus on quality and boosting exports. Production, too, has seen a decrease in the last few years since the onset of the pandemic due to restrictions on plucking -- from 1,390 million kg in 2019 to 1,258 million kg in 2020, 1,329 million kg in 2021 and 1,050 million kg till October this year. According to industry experts, the fall in production had helped in higher price realisation at the auctions. Secretary General of Tea Association of India (TAI) Prabir Bhattacharya said though the average auction price touched Rs 206 per kg in 2020, it fell to Rs 190.77 per kg the following year. So far in 2022, the average price has been Rs 204.97 per kg, he said. The increase, however, is concomitant with rise in wages across north India, besides hike in the cost of energy, fertilisers and logistics, ...

Updated On: 02 Jan 2023 | 6:04 PM IST

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

Updated On: 23 Nov 2022 | 8:26 PM IST

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

Updated On: 14 Nov 2022 | 8:52 PM IST

In the Asia Pacific, Starbucks has 142 Reserve stores

Updated On: 19 Oct 2022 | 12:29 AM IST

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

Updated On: 03 Oct 2022 | 9:48 PM IST

Carbon Resources has offered an upfront payment of Rs 1,245 crore of an estimated outstanding bank debt of Rs 1,650 crore

Updated On: 22 Sep 2022 | 9:25 PM IST

With a crop of 44 mkg across 31 estates in Assam and two in Dooars, McLeod is a Goliath in the world of tea. It has estates in Africa and Vietnam and its total output worldwide is 73 mkg

Updated On: 21 Sep 2022 | 5:18 PM IST

The would-be acquirer makes non-binding offer to banks to settle the bulk tea producer's dues

Updated On: 19 Sep 2022 | 11:46 PM IST

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

Updated On: 19 Aug 2022 | 11:08 PM IST

The Nilgiris district of Tamil Nadu, the largest producer of tea in South India, has witnessed an unprecedented increase in the production after heavy rainfall

Updated On: 19 Jul 2022 | 12:00 PM IST

"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.

Updated On: 09 Jul 2022 | 1:17 AM IST

India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall

Updated On: 23 Jun 2022 | 12:51 AM IST

Trade body's members account for 400 million kg of tea production, 50 million kg by way of direct exports. The industry's total output was 1,258 million kg in 2020

Updated On: 02 Feb 2022 | 11:07 PM IST

Odisha Chief Minister Naveen Patnaik on Thursday inaugurated a tea packaging unit of Tata Consumer Products Ltd at Gopalpur in the state's Ganjam district

Updated On: 23 Jul 2021 | 1:21 AM IST

Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea

Updated On: 29 May 2021 | 6:10 AM IST

Industry says Q3 of FY21 also likely to be good; Moreover, there will be no dry period as North Indian gardens observe closure during winters

Updated On: 17 Nov 2020 | 10:39 PM IST

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

Updated On: 18 Sep 2020 | 9:12 PM IST

Heavy rains and the absence of tea pickers because of lockdowns have hammered production and sent local prices spiraling to records

Updated On: 12 Aug 2020 | 11:57 PM IST