Business Standard

Tea Production

Tea firms served much-needed profit boost as climate change bites

Some in the industry warn companies will end financial year with marginal profit

Tea firms served much-needed profit boost as climate change bites
Updated On : 21 Nov 2024 | 12:52 AM IST

Tea prices climb as weather impacts bulk costs; further hikes expected

The heavy cropping months for tea are June to September. However, the industry has not been able to offset initial losses

Tea prices climb as weather impacts bulk costs; further hikes expected
Updated On : 05 Nov 2024 | 10:44 PM IST

Climate-smart tea seed introduced to counter high-temperature impacts

A body of the tea industry has come out with a climate-smart seed variety which can withstand high temperatures and yield quality crops, an official said on Sunday. The new seed stock 'TSS 2', introduced by the Tea Research Association (TRA), will help the industry prepare itself to counter the negative effects of climate change, he said. The TRA is funded by the Ministry of Commerce and the tea industry. The new seed variety has been introduced at a time "when tea production is down by 80 million kgs till now in 2024 due to extreme heat and climatic factors," TRA secretary Joydeep Phukan told PTI. Extreme heat is making a significant impact on tea plantations in Assam and north Bengal, the two largest tea-producing regions in the country. "To combat the effects of climate change, TRA released the first climate-smart tea seed stock TSS 2. The new seed variety can withstand high temperatures and the new seed stock can produce high-quality tea," he said. The traditional tea-growing

Climate-smart tea seed introduced to counter high-temperature impacts
Updated On : 22 Sep 2024 | 7:41 PM IST

Focus on quality rather than quantity: Assam govt to tea industry

Assam Chief Secretary Ravi Kota on Saturday called for concerted efforts to revitalise the tea industry by focussing on promoting quality over quantity. Addressing the 10th Annual General Meeting of the Federation of All India Tea Traders Association (FAITTA), he urged the stakeholders to ensure safe and quality tea. He also expressed concern over the ongoing trend of selling tea products at low prices and stated that it must be addressed immediately for the economic well-being of lakhs of small tea growers and tea garden workers across Assam. Kota also urged packers to promote high-quality teas with the government taking a firm stand by supporting the closure of production within November 30 to prevent the production of poor-quality teas. He said the Assam government has implemented several initiatives to ensure that tea as India's national beverage remains safe and its sales processes transparent. The state government remains committed to the tea industry and all associated ...

Focus on quality rather than quantity: Assam govt to tea industry
Updated On : 31 Aug 2024 | 10:41 PM IST

African, Asian tea producers flag concerns over demand-supply mismatch

Associations of tea producers in Asia and Africa have flagged concerns over the global mismatch of demand and supply and called for an early restoration of equilibrium, according to a statement issued by a planters' body on Friday. In a meeting of the stakeholders of the global tea industry, recently held in Dubai, the associations also addressed the issue of quality and long-term sustainability of the sector. Indian Tea Association (ITA) chairman Hemant Bangur said that the global tea industry is facing a demand-supply mismatch as production continues to outpace demand. Representatives of ITA, East African Trade Association (EATTA), independent tea producers' body of Kenya, and tea associations of Malawi, Bangladesh and Uganda attended the meeting. They voiced concern over stagnating consumption demand in Europe and Asia, the ITA said in a statement. Bangur said, "Africa with its growing population and rising income has the potential to become one of the largest markets for black

African, Asian tea producers flag concerns over demand-supply mismatch
Updated On : 22 Jun 2024 | 12:12 AM IST

North Indian tea output may be hit by 60 million kgs till June: TAI

The North Indian tea industry is facing a production shortfall of 60 million kgs till June of the current crop year over the corresponding period last year due to adverse weather conditions, according to an estimate by a tea body. The loss of the first and second flush crops, which produce the highest quality teas of the year, will undoubtedly impact the producers' revenue and may push tea prices higher, officials say. The states of Assam and West Bengal, which comprise the North Indian tea industry, are experiencing a precarious situation. Excessive heat coupled with a rain deficit in May, followed by excess rainfall and a lack of sunshine, has severely impacted production. Tea Association of India (TAI) president Sandeep Singhania estimated that the combined crop loss is estimated to be 60 million kgs by June compared to the previous year's output. "As reported by the member tea estates of the association, the tea estates of Assam and West Bengal are estimated to be behind by aro

North Indian tea output may be hit by 60 million kgs till June: TAI
Updated On : 20 Jun 2024 | 10:40 AM IST

International Tea Day 2024: Date, history, importance, and quotes

Being the world's most consumed drink, tea can bring health benefits and wellness due to its anti-inflammatory, antioxidant and weight loss effects. It also has cultural significance in many societies

International Tea Day 2024: Date, history, importance, and quotes
Updated On : 21 May 2024 | 5:01 PM IST

Indian Tea Association raises concerns over lower production, prices

Citing Tea Board data, the association said that North Indian tea production from January to March 2024 was down by more than 21 million kilograms

Indian Tea Association raises concerns over lower production, prices
Updated On : 09 May 2024 | 7:12 PM IST

PM skipped upper Assam out of fear of facing tea garden workers: Congress

Ahead of Prime Minister Narendra Modi's election rally in Nalbari on Wednesday, senior Congress leader Pawan Khera claimed that the PM skipped upper Assam where polls are due in the first phase as he was "afraid" of facing tea garden workers for "not fulfilling" promises. Stating that Congress leader Rahul Gandhi's 'Nyay Yatra' was not permitted in Guwahati in view of commuters' problems, Khera criticised Modi for holding a roadshow through the busy Guwahati-Shillong Road on Tuesday evening, claiming that it created problems for all, from patients to office-goers since the morning. Addressing a press conference here, Khera said, "We don't know why the prime minister is not coming to upper Assam. He is going to Nalbari where elections are in the third phase. Perhaps he is afraid of facing tea garden workers here as their daily wages are still at Rs 250 and four-laning of national highway is yet to be completed." Elections to five Lok Sabha constituencies - Dibrugarh, Jorhat, Kazirang

PM skipped upper Assam out of fear of facing tea garden workers: Congress
Updated On : 17 Apr 2024 | 12:07 PM IST

Dry spell, sporadic rainfall take a toll on tea production in March

Problem acute for prized Darjeeling tea, which is crucial for tea companies' revenue

Dry spell, sporadic rainfall take a toll on tea production in March
Updated On : 05 Apr 2024 | 4:16 PM IST

FSSAI emphasises adoption of bio-pesticides in tea production

Food regulator FSSAI CEO G Kamala Vardhana Rao on Friday stressed on adoption of bio-pesticides to ensure safety and quality of tea production. Food Safety and Standards Authority of India (FSSAI) CEO Rao addressed a gathering of tea growers and tea planters during an interactive session held on Friday in Kellyden, Assam. The event saw active participation from key stakeholders, including officials from FSSAI, the Tea Board, Tea Research Institute, tea planters, tea processors, industry associations and Food and Drug Department of the state, the regulator said in a statement. The focal point of the discussion was enhancing traceability and testing measures for raw materials, emphasising the need for screening every batch for pesticide residues and adherence to Maximum Residue Limits (MRL) of pesticides usage as prescribed in the Food Safety and Standards Regulations of 2011 (FSSR). "Rao emphasised the importance of adopting bio-pesticides and encouraged collaboration with the Tea .

FSSAI emphasises adoption of bio-pesticides in tea production
Updated On : 19 Jan 2024 | 8:09 PM IST

McLeod-Carbon pact period ends as debt restructuring talk with banks linger

In August 2023, McLeod reached an understanding with Carbon Resources for the sale of tea estates. The size of the deal pegged at Rs 700 crore was to enable a one-time settlement

McLeod-Carbon pact period ends as debt restructuring talk with banks linger
Updated On : 14 Jan 2024 | 9:39 PM IST

Tea production declines by 6.18% to 127.12 million kgs in November 2023

Tea production in the country has dipped by 6.18 per cent to 127.12 million kilograms in November 2023. According to Tea Board data, the production in the year-ago month was 135.49 million kgs. In North India, primarily comprising Assam and West Bengal, the production volume was at 106.23 million kgs (mkgs), down from 114.18 mkgs in the same period previous year. The production figures in November 2023 in South India stood lower at 20.89 mkgs from 21.31 mkgs in the same month of 2022. Maintaining the trend, the production of small growers was higher than the organised gardens in the month under review. Small growers produced 67.50 mkgs in November 2023, Tea Board data said. Tea Board had issued notifications regarding plucking restrictions during the winter months in order to preserve the quality of bushes. For tea estates in Darjeeling and gardens located at higher elevations, the last date for plucking of green leaves was December 11, 2023. The same for North Bengal's Dooars a

Tea production declines by 6.18% to 127.12 million kgs in November 2023
Updated On : 02 Jan 2024 | 5:00 PM IST

Rising input costs, lower price realisation in 2023 trouble tea industry

The year witnessed the tea industry facing an uncertain future, plagued by rising input costs and lower price realisation at auctions, making operations unviable. The apex body of the planters, the Indian Tea Association (ITA), has estimated that while tea prices increased at a compounded annual growth rate (CAGR) of 4 per cent over the past decade, input costs of coal and gas have simultaneously risen at a rate of 9-15 per cent. Secretary general of ITA Arijit Raha said price realisation trends declined alarmingly in 2023 compared to 2022. "While inputs costs have risen, tea prices have not increased in a proportionate manner. This shows that the industry is passing through a crisis," Raha said. ITA said the emergence of small tea growers (STGs) resulted in an exponential rise in production. With internal consumption almost stagnant and the exports scenario depressed, surplus tea has remained in the system. According to Tea Board data, exports of the beverage during January to ..

Rising input costs, lower price realisation in 2023 trouble tea industry
Updated On : 27 Dec 2023 | 1:49 PM IST

Tea production rises 12.06% to 182.84 million kg in October: Industry body

Tea production in the country increased by 12.06 per cent to 182.84 million kg in October this year as compared to 163.15 million kg in the corresponding month last year. According to Tea Board data, production of the crop in West Bengal rose to 54.98 million kg in October, as against 49.75 million kg in the same period in 2022. Assam, the country's largest tea-producing state, also registered a higher crop at 104.26 million kg in October. The state produced 90.72 million kg of tea in October 2022, according to the data. In south India, production was marginally lower at 18.89 million kg in October 2023, as against 18.92 million kg in the same month of the previous calendar year. Category-wise, production of the CTC variety touched 167.72 million kg in October 2023, whereas that of orthodox tea was 12.98 million kg across both north and south India. Green tea production was at 2.14 million kg, the data said. Production by small tea growers (STGs) stood higher at 95.24 million kg

Tea production rises 12.06% to 182.84 million kg in October: Industry body
Updated On : 02 Dec 2023 | 1:26 PM IST

McLeod Russel set to focus on Uganda, India estates after Vietnam exit

The company recently signed an agreement for selling its business in Vietnam to TLK Agriculture Joint Stock Company of Vietnam for $2.15 million

McLeod Russel set to focus on Uganda, India estates after Vietnam exit
Updated On : 29 Oct 2023 | 6:35 PM IST

Tea industry in hot water over financial stress and production woes

While tea prices remained stagnant, wages of tea garden workers increased significantly in the last five years

Tea industry in hot water over financial stress and production woes
Updated On : 12 Oct 2023 | 11:47 PM IST

Tea production decreases by around 4% to 177.95 mkgs in August, shows data

Tea production across the country declined by around four per cent to 177.95 million kilograms in August this year as compared to the output in the year-ago month. The production volume in August last year was 185.48 million kgs (mkgs). According to Tea Board data, production in north India, primarily comprising the states of Assam and West Bengal, fell to 158.04 mkgs in the month under review from 170.97 mkgs produced in August, 2022. In Assam, production volumes decreased to 99.78 mkgs in August this year as against 109.81 mkgs in the year-ago month. Production in West Bengal also fell to 53.65 mkgs in August 2023, as against 56.19 mkgs in the corresponding month last year. Tea industry sources said that production in north India declined due to adverse weather conditions and pest attacks. However, production volumes increased in South India, which stood at 19.91 mkgs in August this year as compared to 14.51 mkgs in the same month of 2022.

Tea production decreases by around 4% to 177.95 mkgs in August, shows data
Updated On : 02 Oct 2023 | 3:00 PM IST

National Chai Day: History, Importance, Celebration, Quotes for chai lovers

Chai Day is huge as it celebrates the exotic varieties of tea in India. Chai or tea is also referred to as 'masala chai'. It was first presented in Asia as a herbal drink

National Chai Day: History, Importance, Celebration, Quotes for chai lovers
Updated On : 21 Sep 2023 | 11:31 AM IST

India's tea producers urged to improve quality, move up the value chain

Addressing the annual general meeting of the Indian Tea Association, Bhatia said that India's share in world exports has declined

India's tea producers urged to improve quality, move up the value chain
Updated On : 08 Sep 2023 | 9:22 PM IST