Tea estates in Assam and West Bengal, after closure for three weeks during lockdown, resumed operations from April, 12, 2020 with partial manpower utilisation
Usually, during May-July, tea companies need a higher cash flow to ready the bushes for the second flush. This harvest is the most important in Assam and the second-most important in West Bengal
Brokers are of the view that opening prices of the season's fresh teas will be higher by Rs 30-50 a kg
Exports under pressure as major buyers battle Covid-19
Campaign to showcase Assam variety starts in Odisha, will be taken to other states soon
Tea Board of India has called an urgent exporters' meet this week to discuss means of staving off expected fall in exports due to coronavirus outbreak
Besides, a relaxation of 1-1.5 years can also be given to the plantation companies to enforce the Labour Code once passed by the Parliament
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
What happens if the US refuses to exempt Chabahar port from sanctions, said an exporter
Tetley is among the world's largest tea companies, going back over 180 years, and had been acquired by the Tata Group nearly 10 years ago.
While the rate of the cess is yet to be finalised, sources say it could be around Rs 2 per kg of export
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
Plans are to trace the movement tea across the supply chain, from plantation to sale
Average consumption was the highest in Gujarat at 1,385 gram (g) a year per person
The move follows the recommendations of IIM Bangalore (IIMB), which was appointed by the Tea Board to come up with suggestions to improve the tea pricing scenario in the country
North Indian price still being arrived at; Board is also working on e-auction reforms based on IIM Bangalore recommendations
Industry says will create a new brand identity for this tea and may help push exports, and will also help protect the Darjeeling brand