Business Standard

Tea Exporters

Asian tea producers eyeing 'untapped' African mkt for exports: ATA chairman

Tea producers of Asia are now targeting the 'untapped' African market to shore up exports for which they plan to work out a strategy in this regard. Hemant Bangur, chairman of Asian Tea Alliance (ATA), said there is a need to tap the African market. ATA countries include India, Bangladesh, Indonesia, Nepal, and Sri Lanka. "Africa is a huge untapped and unpenetrated market. The existing export markets of Europe have become saturated. Asian tea producers consider Africa as a focussed market and we will work towards this", Bangur, also the chairman of the Indian Tea Association (ITA), told reporters. Bangur said that the ATA also strongly discourage the promotion of genetically modified clones in the tea industry. "The alliance countries will collaborate to produce more climate resilient clones to produce sustainable tea. The industry also plans to promote regenerative agriculture which will focus on water retention and carbon sequestration," he said. Bangur said that there is a glo

Asian tea producers eyeing 'untapped' African mkt for exports: ATA chairman
Updated On : 07 Nov 2024 | 4:29 PM IST

Tea industry on edge as Iran-Israel tensions threaten export revival

The biggest worry for Indian tea exporters when the Israel-Hamas conflict flared up in October 2023 was that it would spill over to other West Asian countries, particularly Iran

Tea industry on edge as Iran-Israel tensions threaten export revival
Updated On : 04 Oct 2024 | 1:01 AM IST

Centre directs 100% auction of dust tea grades from North India

Mohit Agarwal, Director, Asian Tea Company, said that the move would make the tea industry "robust and transparent"

Centre directs 100% auction of dust tea grades from North India
Updated On : 26 Feb 2024 | 10:40 PM IST

Darjeeling tea industry is a 'patient in ICU', virtually on death bed: ITEA

Chairman of Indian Tea Exporters Association (ITEA) Anshuman Kanoria on Thursday said that the Darjeeling tea industry is a "patient in ICU" and virtually on its death bed. For the Darjeeling tea industry to survive, some government support is needed in the form of subsidy which will help stave off the threat posed by tea from Nepal, he said. Speaking at a session organised by the Bengal Chamber of Commerce and Industry (BCCI) here, Kanoria said, "Darjeeling tea is an emotion for us. It flows in our blood. Today, the Darjeeling tea industry is a patient in ICU, virtually in its death bed". The closure of the gardens due to political agitation in 2017, followed by lockdowns had caused huge financial loss to the industry as a whole, Kanoria said. He said, "A lot of foreign buyers had been turned away and this gave an opportunity to our neighbour (Sri Lanka) to capture some of the some of the export market". Kanoria said the challenge of Nepal has become serious as it is infiltrating

Darjeeling tea industry is a 'patient in ICU', virtually on death bed: ITEA
Updated On : 17 Aug 2023 | 5:30 PM IST

FSSAI notifies residue cap for five pesticides in tea plantation

The five pesticides are emamectin, benzoate, fenpyroximate, hexaconazole, propiconazole, and quinalphos

FSSAI notifies residue cap for five pesticides in tea plantation
Updated On : 01 May 2023 | 10:43 PM IST

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

Warren Tea to exit plantations, plans expansion of IT and hotel businesses
Updated On : 23 Nov 2022 | 8:26 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

Sri Lanka's economic crisis powers 22% spike in Indian orthodox tea exports

Sri Lanka accounts for half the global trade in orthodox teas. Sources say exports from India could pick up further in second and third quarters, will help meet target of 240 mkg by year-end

Sri Lanka's economic crisis powers 22% spike in Indian orthodox tea exports
Updated On : 11 Sep 2022 | 1:59 PM 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

Promote lassi, sattu to curb tea import costs in Pakistan: Education board

A top educational body in Pakistan has proposed a novel idea to boost employment and reduce the expenditure on tea imports: promote the consumption of local drinks such as lassi and sattu.

Promote lassi, sattu to curb tea import costs in Pakistan: Education board
Updated On : 25 Jun 2022 | 4:02 PM IST

Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade

India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall

Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade
Updated On : 23 Jun 2022 | 12:51 AM IST

Iran, Taiwan reject Indian tea shipments citing phytosanitary issues

Taiwan and Iran have rejected three containers of tea sent from India due to phytosanitary issues and presence of pesticides beyond permissible limits

Iran, Taiwan reject Indian tea shipments citing phytosanitary issues
Updated On : 10 Jun 2022 | 1:36 PM IST

Indian tea companies smell opportunity as Sri Lanka crisis brews

Island nation largest orthodox tea supplier, exporting over 95% of its production, according to ICRA report

Indian tea companies smell opportunity as Sri Lanka crisis brews
Updated On : 18 Apr 2022 | 1:08 AM IST

India's tea industry is on tenterhooks as Russia wages war on Ukraine

Russia accounts for 18 per cent of the industry's exports and the consequences of the conflict are making themselves felt already

India's tea industry is on tenterhooks as Russia wages war on Ukraine
Updated On : 05 Mar 2022 | 6:04 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

Tea companies increasingly opting for loan moratorium to improve cash flows

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

Tea companies increasingly opting for loan moratorium to improve cash flows
Updated On : 17 May 2020 | 3:21 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

Indian tea exports may decline by up to 8% over Covid-19 outbreak

Exports under pressure as major buyers battle Covid-19

Indian tea exports may decline by up to 8% over Covid-19 outbreak
Updated On : 08 Apr 2020 | 1:35 AM IST

Coronavirus outbreak to throw Indian tea exports out of gear this year

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

Coronavirus outbreak to throw Indian tea exports out of gear this year
Updated On : 03 Mar 2020 | 12:54 AM IST

India's tea exports up 2% by value on whole-leaf shipments to Iran

Exports of whole-leaf tea to Iran increased by around 74 per cent at 53.45 mkg while in Germany, it stagnated at 10 mkg

India's tea exports up 2% by value on whole-leaf shipments to Iran
Updated On : 20 Feb 2020 | 12:14 AM IST