Host of tea retail brands are personalising the brew and the experience; hoping to carve an identity
Tea is one of the most widely consumed beverages in the world
Production cost for high grade CTC is Rs 185 a kilo on an average while cost of production for lowest quality of orthodox is around Rs 210 a kilo
Currently, India exports 3 million kg tea to Australia
Around 60 per cent of the annual produce of 1,200 million kg of tea is harvested in September-November
The performance of the industry, in terms of exports, would be a crucial factor determining the overall supply-demand balance and price levels going forward, says Icra in its latest report
Traders also attributed the rise to the recent flood in Assam, which impacted local production
Worried is the tea industry as it knows if research works are affected, it's surely going to hit it hard in the long run
Average realisation from tea exports has shot up by over 11% to Rs 203.65 a kg during the quarter
Quantity of tea sold at auctions during 2015-16 was 536.08 million kgs
July is a peak tea producing month in Assam; production in July this year may dip by 21-30%
India's per capita tea consumption - at 0.73 kgs - is lower than many small countries including Zimbabwe and Pakistan
Talks likely this week to resolve buyers' boycott
A minimum levy of 12 per cent GST on tea will increase the cost, which will ultimately be passed on to consumers
Scheme has been designed by Centre to protect plantation farmers from losses due to fluctuations in yield and price volatility
Tea production was at 78.76 mn kg in same period last year
Pan India e-auction was rolled out by the Tea Board in all the auction centres except Coimbatore on June 23
Submits a memorandum to empowered committee on GST, giving point-by-point reasons why taxation of tea should be concessional
Allows proxy bidding to address concerns of tea lobby
A Shaktivel said, an ESI hospital in Tirupur with necessary facilities for patients was the need of the hour