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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

Topics
Tea | Tea plantation | Tea industry

Ishita Ayan Dutt  |  Kolkata 



Tea garden workers follow social distancing guidelines while working in a tea estate, during ongoing COVID-19 lockdown, on the outskirts of Dharmanagar in Tripura. Photo: PTI
The sector has seen some consolidation in the last few years, prompted by financial stress

Warren Tea, which traces its lineage to the 1850s, is getting out of the plantation business. The Vinay Goenka-led firm has signed a memorandum of understanding (MoU) with the C K Dhanuka-promoted Dhunseri group to sell its remaining four estates in .

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First Published: Wed, November 23 2022. 18:33 IST

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