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Why a non-tea player like Carbon Resources is eyeing McLeod Russel

With a crop of 44 mkg across 31 estates in Assam and two in Dooars, McLeod is a Goliath in the world of tea. It has estates in Africa and Vietnam and its total output worldwide is 73 mkg

Tea firms | McLeod Russel | tea estates

Ishita Ayan Dutt  |  Kolkata 

India’s exports sank 6.8% in 2021 from a year earlier to 195.5 million kilograms, data from Tea Board India show. (Photo: Bloomberg)

Rising costs and stagnating tea prices have been major issues in the . So why is a non-tea player looking to buy a giant like India and embrace the troubles is the question doing the rounds in tea circles.



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First Published: Wed, September 21 2022. 15:27 IST