Darjeeling stir means Rs 7.5cr daily tea loss

Image
Ishita Ayan Dutt Kolkata
Last Updated : Jan 29 2013 | 1:14 AM IST

The industry, though exempted from the strike, has been impacted. Ashok Lohia, chairman Chamong Tea Exports, which accounts for 20 per cent of Darjeeling tea production, said that his estates had opened after two days. Lohia explained that a day's at this time of the season would amount to loss of production for five days. Moreover, quality also suffers if the leaves are not plucked for a day, as they become thicker.

Basudeb Banerjee, chairman, Tea Board of India, said, the matter was of serious concern.

He said, even though the gardens had been kept formally out of the strikes, local leadership in some of the estates had ensured disruption of operations.

He also pointed out that the quality of tea in the second flush had been very good and it was a pity that the industry was caught in the middle of the political turmoil. "Transportation was affected so that inputs for the industry and foodgrains for the workers could not reach the estates," he said. Darjeeling tea, less than one per cent of total tea production, was mainly exported.

In volume terms Darjeeling tea accounts for three per cent of the total tea exports from India while in value terms, it would mean 7-8 per cent. Not surprising given that the average export price of Darjeeling tea would be Rs 1,000 per kg.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 17 2008 | 12:00 AM IST

Next Story