Page 2 - Tea Board Of India

Tea firms see record prices boosting profits amid Covid-induced crop losses

Most companies returned to profits in the June quarter, and indications are that the current quarter, which is typically a good time for tea industry, will be even better

Tea Board orders closure of factories in Dec to curb poor tea production

The order will be mandatory for all the gardens in Darjeeling, Sikkim, Assam, Dooars and Terai regions of north Bengal, Tea Board sources said

Facing shortage of funds, Tea Board urges industry to stand on its feet

Indian tea growers should focus more on orthodox tea manufacturing which has a good export market

For the first time ever, tea prices surge by 40-60% due to severe scarcity

Strong demand from buyers especially for quality teas supports uptick

Amid heavy production loss, rains to add to tea companies' woes

Tea estates in Assam and West Bengal, after closure for three weeks during lockdown, resumed operations from April, 12, 2020 with partial manpower utilisation

Tea companies increasingly opting for loan moratorium to improve cash flows

Usually, during May-July, tea companies need a higher cash flow to ready the bushes for the second flush. This harvest is the most important in Assam and the second-most important in West Bengal

North India to see fresh tea sales post lockdown, first auction on May 3

Brokers are of the view that opening prices of the season's fresh teas will be higher by Rs 30-50 a kg

Indian tea exports may decline by up to 8% over Covid-19 outbreak

Exports under pressure as major buyers battle Covid-19

Tea Board leans on domestic market as export prospects dim over Coronavirus

Campaign to showcase Assam variety starts in Odisha, will be taken to other states soon

Coronavirus outbreak to throw Indian tea exports out of gear this year

Tea Board of India has called an urgent exporters' meet this week to discuss means of staving off expected fall in exports due to coronavirus outbreak

Govt mulls revival package for tea companies, may include one-time grant

Besides, a relaxation of 1-1.5 years can also be given to the plantation companies to enforce the Labour Code once passed by the Parliament

Tea Board Chairman calls for disengaging body from auctioning system

He said that the Tea Board's role should only be restricted to issuing licences for opening up the auction centres after duly checking their financial capabilities

US airstrike on Iran may impact business of Indian tea planters, exporters

What happens if the US refuses to exempt Chabahar port from sanctions, said an exporter

With an eye on Indians in UK, Tata Tetley launches ethnic range of tea bags

Tetley is among the world's largest tea companies, going back over 180 years, and had been acquired by the Tata Group nearly 10 years ago.

Tea Board considering new export cess to fund promotion and marketing

While the rate of the cess is yet to be finalised, sources say it could be around Rs 2 per kg of export

Tea Board open to holding talks with ITC to sort out trademark issue

After losing a case in the Calcutta HC against ITC over a trademark issue, the board has appealed to the Division Bench of the same court and it is hopeful that the issue can be sorted out amicably

Tea Board mulls using blockchain to free Indian tea from adulteration

Plans are to trace the movement tea across the supply chain, from plantation to sale

Tea consumption growth slowed in 2018 on quality concerns, fewer choices

Average consumption was the highest in Gujarat at 1,385 gram (g) a year per person

Tea Board starts working on plan to modify existing auction process

The move follows the recommendations of IIM Bangalore (IIMB), which was appointed by the Tea Board to come up with suggestions to improve the tea pricing scenario in the country

Tea Board fixes minimum price for South Indian varieties at Rs 60 a kilo

North Indian price still being arrived at; Board is also working on e-auction reforms based on IIM Bangalore recommendations