Tea Plantation

New brew: Tata group's Amalgamated Plantations to enter tea tourism

'Any additional revenue stream welcome,' says the company that has estates in several states

Warren Tea to exit plantations, plans expansion of IT and hotel businesses

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

Tea Board seeks Rs 1,000-crore support for industry for next five years

The Tea Board has sought an assistance of Rs 1,000 crore for the industry in the next five years starting 2022-23. Chairman of Tea Board Saurav Pahari said that in the budget submitted to the Union Commerce ministry, focus has been on handholding the small tea growers (STGs) which contribute to 52 per cent of the total production in the country. "We have sought an assistance of Rs 1,000 crore in the budget submitted to the ministry for a period of five years starting 2022-23", Pahari told reporters after the AGM of Indian Tea Association (ITA) here on Thursday. He said that the budget is primarily intended to handhold the STGs which contribute to 52 per cent of the country's production volumes. Pahari said the Tea Board had also sought subsidy for orthodox tea production which has a good export market. "It is good to note that the tea industry on the whole now acknowledges the contribution of the STGs. It should be collaborative effort between the big tea planters and the STGs for

Amid takeover offer, McLeod Russel pins hopes on debt recast plan

CMD Khaitan says banks have been very supportive and have come to a conclusion on what debt restructuring resolution should be

McLeod Russel zooms 42% in 2 days after Carbon Resources buys 5% stake

On September 16, 2022, Carbon Resources (P) Ltd bought 4.95 million equity shares, representing 4.73 per cent, of total equity of MRIL

Tea producers reinvent business, adapt online blend for consumer connect

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

Sri Lankan tea pickers' dreams shattered as nation faces economic crisis

The Covid-19 pandemic severed the tourism lifeline of the Indian Ocean nation, already short of revenue in the wake of steep tax cuts by the government.

Tea industry heading towards crisis, says planters' association

Input prices have seen a steep rise, the planters' body said

Assembly polls: Why tea garden workers are crucial in Bengal, Assam?

Tea garden workers are set to play a decisive role in many constituencies in the Assembly elections in West Bengal and Assam

Plantation association urges Piyush Goyal not to reduce import duty on tea

CCPA has urged Union Commerce Minister Piyush Goyal not to reduce import duty on tea as any move in that direction will disturb the equilibrium of the industry.

Facing shortage of funds, Tea Board urges industry to stand on its feet

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

Covid-19 outbreak: West Bengal readies ground for life after lockdown

Electronics, stationery, tea stalls, and paint and hardware stores to open from Monday

Coronavirus lockdown: Tea farmers in Bihar's Kishanganj incur huge losses

Farmers said that the lockdown was imposed at a time when the tea leaves were supposed to be harvested

Covid-19: Norms relaxed, plantations see hope for tea and rubber processing

Plan to be ready for demand whenever lockdown ends, though manpower crunch is still an issue

Covid-19: Tea firms fret about liquidity even as Centre allows production

While there has been practically no income due to lockdown, fixed costs such as wages and loan servicing have been mounting

Tea companies may lose Rs 2000 cr this year due to coronavirus outbreak

All of the 1422 registered tea estates and more than 250,000 micro-small planters have stopped production citing safety precautions for workers, unavailability of transport

Tea production will rise only when workers' quality of life betters: ITA

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

US airstrike on Iran may impact business of Indian tea planters, exporters

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

Tea plantation companies bring focus back to quality to improve margins

Quality has been the major impediment for the plantation companies to keep pace with rising input costs vis-a-vis price realisations

Tea output in the south drops by 10% on climate change, planters stressed

South Indian varieties have a 17% share in total tea production in India, and a 40% share in the country's exports