On September 16, 2022, Carbon Resources (P) Ltd bought 4.95 million equity shares, representing 4.73 per cent, of total equity of MRIL
Data available on the Tea Board website showed that India's production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg
The Covid-19 pandemic severed the tourism lifeline of the Indian Ocean nation, already short of revenue in the wake of steep tax cuts by the government.
Input prices have seen a steep rise, the planters' body said
Tea garden workers are set to play a decisive role in many constituencies in the Assembly elections in West Bengal and Assam
CCPA has urged Union Commerce Minister Piyush Goyal not to reduce import duty on tea as any move in that direction will disturb the equilibrium of the industry.
Indian tea growers should focus more on orthodox tea manufacturing which has a good export market
Electronics, stationery, tea stalls, and paint and hardware stores to open from Monday
Farmers said that the lockdown was imposed at a time when the tea leaves were supposed to be harvested
Plan to be ready for demand whenever lockdown ends, though manpower crunch is still an issue
While there has been practically no income due to lockdown, fixed costs such as wages and loan servicing have been mounting
All of the 1422 registered tea estates and more than 250,000 micro-small planters have stopped production citing safety precautions for workers, unavailability of transport
ITA secretary general Arijit Raha said steps are being taken to ensure that tea garden workers avail central welfare schemes
What happens if the US refuses to exempt Chabahar port from sanctions, said an exporter
Quality has been the major impediment for the plantation companies to keep pace with rising input costs vis-a-vis price realisations
South Indian varieties have a 17% share in total tea production in India, and a 40% share in the country's exports
With high wage levels in south India compared to other plantation regions, there are questions about the viability of the plantation industry
To start with, state govt has earmarked 5-acre private land for plantation at village Lalya in Mainpat; govt to give all assistance to farmer taking up cultivation
To start with, state govt has earmarked 5-acre private land for plantation at village Lalya in Mainpat; govt to give all assistance to farmer taking up cultivation
Around 60 per cent of the total cost of production comprises of wages (both in cash and in kind) which is paid in cash