The Tea Board is working on a plan to stabilise tea prices, both in the export and domestic market, by improving quality and coming down hard on industry malpractices.
Further, minimum benchmark prices for export can be arrived at that might not be mandatory for exporters and producers but might set a pricing precedence for the industry by improving quality and restoring the goodwill of Indian tea.
Tea waste has been a price dampener for the industry, both in the domestic as well as export markets, as a small segment of blenders mix this waste with the leaves to increase saleable