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
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
Mohit Agarwal, Director, Asian Tea Company, said that the move would make the tea industry "robust and transparent"
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
The five pesticides are emamectin, benzoate, fenpyroximate, hexaconazole, propiconazole, and quinalphos
Signs deal with Dhunseri group for the last four estates it currently owns
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
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
A notification banning blends of imported tea in GI-tagged teas has almost pushed Tata Consumer Products, the biggest buyer, out of the market
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.
India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall
Taiwan and Iran have rejected three containers of tea sent from India due to phytosanitary issues and presence of pesticides beyond permissible limits
Island nation largest orthodox tea supplier, exporting over 95% of its production, according to ICRA report
Russia accounts for 18 per cent of the industry's exports and the consequences of the conflict are making themselves felt already
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
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
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
Exports under pressure as major buyers battle Covid-19
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
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