Business Standard

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"

Darjeeling tea
Premium

Darjeeling tea is among the first products from India to be patented under the Geographical Indications of Goods Act

BS Web Team New Delhi
Indian tea market's priced possession, Darjeeling tea often called the "champagne of the teas", has been struggling over the years to maintain its place in the international markets.

Almost half of Darjeeling's tea estates, are up for sale according to a report by The Economic Times.

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

Missing Buyers: 

Europe, a top export destination for Darjeeling tea has been facing recessionary pressure and thus a fall in demand from European consumers has worsened the situation for tea producers. 

Also, Japan, one of the biggest

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in