Business Standard

Thursday, December 19, 2024 | 08:23 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Darjeeling Tea

Assam speciality tea auctioned for Rs 1.15 lakh per kg at private auction

A specialty tea from Assam's Dibrugarh district was sold for Rs 1.15 lakh per kg at a private auction on Friday, the proprietor of the tea estate said. 'Manohari Gold Tea' fetched the price at an auction on private portal Tea Inntech, Rajan Lohia of Manohari Tea Estate said. "Due to the cap of Rs 1 lakh per kg set by the Tea Board India at Guwahati Tea Auction Centre (GTAC), we had to sell this batch through private auction this year," Lohia said. This is the highest price fetched for tea at such auctions anywhere, he claimed. One kilogramme of the specialty tea was bought by RK Tea Sales, he said. Tea from the Manohari brand, especially its gold variety, had been fetching high prices at the GTAC over the years, setting new records in the process. Manohari Gold had sold for Rs 99,999 per kg through GTAC in December 2021, which was matched by 'Golden Pearl' of AFT Techno Trade that also went under the hammer at the same auction house in February this year. This high price was sur

Assam speciality tea auctioned for Rs 1.15 lakh per kg at private auction
Updated On : 17 Dec 2022 | 11:29 AM IST

Demand for tea dropped by 10.35% during Sale-47, reveals CTTA data

The total demand for all categories of teas dropped by 10.35 per cent during Sale-47, Calcutta Tea Traders Association data (CTTA) said. Sale-47 was held from November 22 to 24. However, Darjeeling leaf scored a gain in demand during this week as compared to last auction, it said. According to CTTA officials, the total offerings amounted to 2,46,299 packages (included 71,22,834 kg) comprising 1,31,783 packages of CTC leaf, 72,850 packages of Orthodox, 3,417 packages of Darjeeling leaf and 38,249 packages of Dust teas. This week's CTC leaf saw a fair demand and 23,60,214 kg of different categories were sold at an average price of Rs 200.15 per kg. Most of the demand was marked between Rs 150 to Rs 200 per kg price level. Around 24.51 per cent was claimed at a lower price level while 19.06 per cent was demanded at higher price level. Western India supported well. Hindustan Unilever operated actively while TCPL remained selective. Exporters registered fair support. Orthodox leaf met

Demand for tea dropped by 10.35% during Sale-47, reveals CTTA data
Updated On : 25 Nov 2022 | 4:31 PM IST

Tea Board may modify past order on blending, change to help tea firms, TCPL

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

Tea Board may modify past order on blending, change to help tea firms, TCPL
Updated On : 17 Oct 2022 | 8:12 PM IST

DPIIT planning multi-media campaign to promote over 400 GI products

The commerce and industry ministry is planning a multi-media campaign to promote over 400 GI (Geographical Indication) products such as Darjeeling Tea, Chanderi Fabric, Mysore Silk, and Kashmir Walnut Wood Carving. The Department for Promotion of Industry and Internal Trade (DPIIT) intends to empanel one or more audio-visual agencies to carry out various multi-media campaigns, production of advertising and promotional materials on a regular ongoing basis," said the department's notice inviting request for proposal. The agency will also support the department in scaling up the GI campaign through manifold interventions, considered important for building a strong GI ecosystem, it said. DPIIT, under the ministry, is looking to empanel reputed audio-visual agencies for GI promotion campaign. Work for the empanelled agency or agencies would include production of films, documentaries, sponsored AV (audio-visual) programmes, AV spots, and production of short videos. The notice said lack

DPIIT planning multi-media campaign to promote over 400 GI products
Updated On : 20 Sep 2022 | 5:08 PM IST

Why are nearly half of Darjeeling's tea estates looking out for buyers?

Liquidity challenges amid high wages, falling demand and prices are brewing trouble for the "champagne of the teas"

Why are nearly half of Darjeeling's tea estates looking out for buyers?
Updated On : 15 Sep 2022 | 10:53 AM IST

Nepal brews a fresh crisis for Darjeeling tea with cheaper leaves

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

Nepal brews a fresh crisis for Darjeeling tea with cheaper leaves
Updated On : 19 Aug 2022 | 11:08 PM IST

A tourist makeover for Darjeeling tea industry to beat a growing crisis

The region's storied estates are upping the luxe quotient by foraying into hotels and resorts

A tourist makeover for Darjeeling tea industry to beat a growing crisis
Updated On : 11 Jun 2022 | 6:01 AM IST

Champagne of teas loses fizz amid scanty rainfall, last year's lockdown

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

Champagne of teas loses fizz amid scanty rainfall, last year's lockdown
Updated On : 29 May 2021 | 6:10 AM IST

Getting the tea leaves right in the time of the Covid-19 pandemic

The pandemic has got people spending time and energy making themselves a cuppa. Know more about tea and its tribe, some trivia and how to get the perfect brew

Getting the tea leaves right in the time of the Covid-19 pandemic
Updated On : 12 Dec 2020 | 10:25 PM IST

Rising costs, political unrest, Covid-19: Triple whammy for tea industry

The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the Covid-19 lockdown

Rising costs, political unrest, Covid-19: Triple whammy for tea industry
Updated On : 21 Apr 2020 | 11:31 PM IST

Tea Board Chairman calls for disengaging body from auctioning system

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

Tea Board Chairman calls for disengaging body from auctioning system
Updated On : 16 Feb 2020 | 10:19 AM IST

Three years after Gorkhaland agitation, Darjeeling tea set for a rebound

In 2017, following the Gorkhaland agitation for separate statehood, the Darjeeling tea industry was totally shut for the entire prime season

Three years after Gorkhaland agitation, Darjeeling tea set for a rebound
Updated On : 07 Jan 2020 | 10:51 PM IST

Unchecked flow of Nepal tea into India takes toll on Darjeeling variant

Most of the tea from Nepal is uncertified with no pesticide and residue declaration while 70 per cent of the 87 estates in Darjeeling are certified organic

Unchecked flow of Nepal tea into India takes toll on Darjeeling variant
Updated On : 01 Jan 2020 | 11:32 PM IST

MPs in RS demand hike in tea workers' wages, universal maternity benefits

Demanding the government protect goldsmiths, BJP leader Kailash Soni said traders of gold and silver are in distress due to "police harassment".

MPs in RS demand hike in tea workers' wages, universal maternity benefits
Updated On : 09 Dec 2019 | 5:38 PM IST

Darjeeling's green and white teas get GI tag, says industry body

The Tea Board had filed an application in this regard on December 2017, the DTA said

Darjeeling's green and white teas get GI tag, says industry body
Updated On : 16 Nov 2019 | 9:03 PM IST

Tea Board open to holding talks with ITC to sort out trademark issue

After losing a case in the Calcutta HC against ITC over a trademark issue, the board has appealed to the Division Bench of the same court and it is hopeful that the issue can be sorted out amicably

Tea Board open to holding talks with ITC to sort out trademark issue
Updated On : 07 Nov 2019 | 7:08 PM IST

Tea Board mulls using blockchain to free Indian tea from adulteration

Plans are to trace the movement tea across the supply chain, from plantation to sale

Tea Board mulls using blockchain to free Indian tea from adulteration
Updated On : 30 Oct 2019 | 1:10 AM IST

Hit by estate shutdown, lukewarm demand brews concern for Darjeeling tea

The agitation for a separate state of Gorkhaland and the consequent shutdown of tea estates in Darjeeling for several months in 2017 led to the tea practically vanishing from global markets

Hit by estate shutdown, lukewarm demand brews concern for Darjeeling tea
Updated On : 05 Apr 2019 | 1:57 AM IST

ITC wins infringement case against Tea Board of India over Darjeeling tag

The Calcutta High Court found that though the Board was in possession of the GI tag over Darjeeling, it had not obtained a registered trademark

ITC wins infringement case against Tea Board of India over Darjeeling tag
Updated On : 06 Feb 2019 | 11:00 PM IST

Darjeeling tea struggling to stage comeback; buyers from Japan absent

Production from January to April stood at 1.35 mkg, at par with last year

Darjeeling tea struggling to stage comeback; buyers from Japan absent
Updated On : 23 Jun 2018 | 12:34 AM IST