Page 2 - Tea Plantation

Tea Board orders closure of manufacturing units during winter in North

The Tea Board has ordered the closure of manufacturing units in the tea growing areas in North India during winter for a better crop in the first flush of next year. As per the Board's order, the last date for plucking or receiving green leaves for all tea factories in Darjeeling, Sikkim, Himachal Pradesh and Uttarakhand has been put at December 11. While that for Dooars and Terai regions of West Bengal, and Bihar is December 23. The last date for processing of green leaf at the factories in Darjeeling, Sikkim, HP and Uttarakhand has been put at December 13, while that for Terai, Dooars and Bihar is December 26. The order also said that the last date of completion of sorting, packing and moving the packed teas to notified storage areas with invoice marking has been decided to be on December 26 for Darjeeling, Sikkim, HP and Uttarakhand. For Dooars, Terai and Bihar, it is January 6, 2024, for CTC variety and January 11 for the orthodox and green tea varieties. According to the tea

Goodricke hopes to return in black this fiscal, looks to diversify

Tea major Goodricke Group Ltd, a part of the UK-based Camellia Plc, is hoping to return in black this fiscal and looking to diversify into the hospitality sector with an aim at offsetting its losses in the plantation business in Darjeeling, Managing Director and CEO Atul Asthana said. The company, however, is expecting a flat growth in tea production this year to around 32 million kgs, including the output of its three subsidiaries, and is likely to witness a de-growth in revenue in the current fiscal as "subdued tea prices" remain a concern for it, he said. The group will look for acquisitions of gardens in Assam in near future, particularly after the industry gets rid of the "current difficult phase", he said. "The Goodricke and its subsidiaries together annually produce around 30 million kgs. There will be a flat growth this year as output is expected to be 32 million kgs. The revenue of the group as a whole was around Rs 1,200 crore last year but we may witness a de-growth in ..

National Chai Day: History, Importance, Celebration, Quotes for chai lovers

Chai Day is huge as it celebrates the exotic varieties of tea in India. Chai or tea is also referred to as 'masala chai'. It was first presented in Asia as a herbal drink

Sri Lanka's small tea growers contributes around 77% in total production

Sri Lankan minister Ramesh Pathirana on Wednesday said small tea growers contribute around 77 per cent of the island country's total production, and the government is providing subsidiy to the STGs. Speaking at a BIMSTEC event on tea organised by the Indian Chamber of Commerce here, Pathirana said Sri Lanka is also trying to adopt technology to raise productivity. There is a need to protect the existing markets and also go for value addition. Our government is giving subsidy to the small tea growers to support replantation activity, adoption of technology and best agricultural practices," he said. Most of the tea produced in the island country is exported, and the major exporting destinations include Russia, Turkey and Iran, the minister said. Sri Lanka produced 250 million kg of tea last year, which is expected to go up to 280 million kg in this calendar year, he said. "The biggest challenge is the shrinking global market for tea, Pathirana added. Speaking on the occasion, MD of

Tea planters suffering from shortage, crop loss, falling prices in Tripura

Tea planters in Tripura are witnessing a "shortage" in production due to a prolonged dry spell in the northeastern state with "falling" prices of the crop creating pressure on margins, stakeholders said on Sunday. Tea plantations, the second largest industry in the state after rubber, are facing "crop loss" this season due to a drought-like situation, Tripura Tea Development Corporation (TTDC) chairman Santosh Saha said. Our production has been hit due to drought-like conditions. There is a shortage of leaves, and the volume in the auction market has also come down. It is a difficult situation for us to get profit," he told PTI. State-run TTDC has five estates and two manufacturing units with an annual production capacity of eight lakh kg. Tripura produces 90 lakh kg of tea annually. There is no support price for tea from the government as provided for paddy. This system prevails in the whole country," Saha said. Unakoti district's Manu Valley tea garden manager Prabir De said th

New brew: Tata group's Amalgamated Plantations to enter tea tourism

'Any additional revenue stream welcome,' says the company that has estates in several states

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

Tea Board seeks Rs 1,000-crore support for industry for next five years

The Tea Board has sought an assistance of Rs 1,000 crore for the industry in the next five years starting 2022-23. Chairman of Tea Board Saurav Pahari said that in the budget submitted to the Union Commerce ministry, focus has been on handholding the small tea growers (STGs) which contribute to 52 per cent of the total production in the country. "We have sought an assistance of Rs 1,000 crore in the budget submitted to the ministry for a period of five years starting 2022-23", Pahari told reporters after the AGM of Indian Tea Association (ITA) here on Thursday. He said that the budget is primarily intended to handhold the STGs which contribute to 52 per cent of the country's production volumes. Pahari said the Tea Board had also sought subsidy for orthodox tea production which has a good export market. "It is good to note that the tea industry on the whole now acknowledges the contribution of the STGs. It should be collaborative effort between the big tea planters and the STGs for

Amid takeover offer, McLeod Russel pins hopes on debt recast plan

CMD Khaitan says banks have been very supportive and have come to a conclusion on what debt restructuring resolution should be

McLeod Russel zooms 42% in 2 days after Carbon Resources buys 5% stake

On September 16, 2022, Carbon Resources (P) Ltd bought 4.95 million equity shares, representing 4.73 per cent, of total equity of MRIL

Tea producers reinvent business, adapt online blend for consumer connect

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

Sri Lankan tea pickers' dreams shattered as nation faces economic crisis

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.

Tea industry heading towards crisis, says planters' association

Input prices have seen a steep rise, the planters' body said

Assembly polls: Why tea garden workers are crucial in Bengal, Assam?

Tea garden workers are set to play a decisive role in many constituencies in the Assembly elections in West Bengal and Assam

Plantation association urges Piyush Goyal not to reduce import duty on tea

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.

Facing shortage of funds, Tea Board urges industry to stand on its feet

Indian tea growers should focus more on orthodox tea manufacturing which has a good export market

Covid-19 outbreak: West Bengal readies ground for life after lockdown

Electronics, stationery, tea stalls, and paint and hardware stores to open from Monday

Coronavirus lockdown: Tea farmers in Bihar's Kishanganj incur huge losses

Farmers said that the lockdown was imposed at a time when the tea leaves were supposed to be harvested

Covid-19: Norms relaxed, plantations see hope for tea and rubber processing

Plan to be ready for demand whenever lockdown ends, though manpower crunch is still an issue

Covid-19: Tea firms fret about liquidity even as Centre allows production

While there has been practically no income due to lockdown, fixed costs such as wages and loan servicing have been mounting