Page 4 - Tea

Tea exports rise 14.8% to 140.28 mn kgs in Jan-Aug period this year: Data

Exports of tea from India increased by 14.8 per cent to 140.28 million kilograms in the first eight months of the 2022 calendar year, according to Tea Board data. Tea shipments during the January-August period in 2021 stood at 122.18 million kilograms (mkgs). The CIS countries, including Russia, Ukraine and Kazakhstan, remained the largest importer of Indian tea with 30.56 mkgs in the first eight months of 2022, marginally higher than 29.13 mkgs shipped out to these nations in the year-ago period, the data said. Sources in the industry said that tea exports did not pick up substantially due to shipping and container costs which skyrocketed due to the war between Russia and Ukraine. After the CIS countries, UAE was the second largest importer at 23.84 mkgs, a rise of 157 per cent from 9.27 mkgs in the similar period in 2021. Owing to economic sanctions imposed by the US on Iran, tea shipments to the west Asian country also failed to increase in the first eight months of 2022. Expo

Brewing at Tata Starbucks: Double-digit growth, premium store, masala chai

In the Asia Pacific, Starbucks has 142 Reserve stores

Tea Board modifies order on blending imported with Indian varieties

The Tea Board, in its notification, has kept the sanctity of GI intact and allowed blending only for teas not claiming the GI mark

Drinking tea in moderation may reduce risk of type 2 diabetes: Study

Research on over 1 million people from eight countries discovered that moderate use of black, green, or Oolong tea is linked to a lower risk of getting type 2 diabetes.

Tea producers reinvent business, adapt online blend for consumer connect

Data available on the Tea Board website showed that India's production in 2020-2021 had stood at 1,283.03 million kg and volumes at the auctions were around 547 mkg

Major tea firms stare at crop loss due to Assam floods, pest attack

"Our quick estimate indicates that the crop in June 2022 is lower by at least 20-25 per cent over June last year," said Sujit Patra, secretary, exports & market promotion, ITA.

Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade

India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall

'Cutting chai': Pak minister urges people to reduce tea consumption

Cash-strapped Pakistan has urged its countrymen to cut down the consumption of tea to help reduce the import bill eating into the country's depleting foreign exchange reserves

Assam's Kamrup district gets a first-of-its-kind transgender tea stall

Tea stall has been set up under the aegis of All Assam Transgender Association in collaboration with District Administration to empower the trans community and help them learn entrepreneurial skills

India's tea exports to Russia face shipping snags, payment delays

Uncertainty looms large over one of India's largest tea markets; exporters scramble to get state help.

Russia-Ukraine war: India eyes alternative markets for tea export

Virtual meetings are being held with buyers in some countries

Indian Tea Association to present proposal for minimum floor price to govt

Trade body's members account for 400 million kg of tea production, 50 million kg by way of direct exports. The industry's total output was 1,258 million kg in 2020

Tea industry heading towards crisis, says planters' association

Input prices have seen a steep rise, the planters' body said

McLeod's return from brink of IBC signals a brief respite for tea industry

In an industry in which more than half the production is accounted for by the small growers, analysts believe that big players may help bring production and pricing discipline

Getting the tea leaves right in the time of the Covid-19 pandemic

The pandemic has got people spending time and energy making themselves a cuppa. Know more about tea and its tribe, some trivia and how to get the perfect brew

SPIC ties up with farmer network to open first Model Fertiliser Retail Shop

Besides selling quality fertilisers at genuine prices, MFRS will provide a range of consulting and agri-related services for enhanced farm productivity

Tea company McLeod Russel moves to settle debts as promoters reduce stake

Most lenders have agree that debt restructuring is right choice and not auction under insolvency for India's largest bulk tea producer

Covid-19: India's April tea output falls 54% YoY to 39.02 million kg

For Assam alone, output in April plunged 76% from a year ago to 10.99 million kg, the Tea Board said

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