Storm in the teacup: Covid-19, falling exports continue to hurt industry

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The perfect storm in the cost-intensive tea industry is expected to spill over into 2022, as concerns over rising tea prices as well as subdued export demand continue to hurt producers. Tea production is a high-cost business, with 60-65 per cent of the input costs going into labour wages. The rest goes for coal, gas, fertiliser, and other machinery. The rise in tea costs was

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