Mcleod Russel is the world's largest tea producer. It produces about 100 million kgs of high quality tea a year from tea estates in Assam, West Bengal, Vietnam, Uganda and Rwanda.
In a filing to the BSE, Mcleod Russel India informed that Phu Ben Tea Company Ltd, a step-down subsidiary in Vietnam, has signed an agreement for purchase of a tea processing factory in Vietnam "for a consideration of USD 820,000 plus VAT at the applicable rate".
The processing unit has an annual production capacity of 6 lakh kg of green tea.
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