Latest Breaking News On - Anshuman kanoria - Page 1 : vimarsana.com

Dry spell impact: Darjeeling tea prices shoots up 10-15% this season

Darjeeling tea has been facing nature's wrath for quite some time now. In 2022, Darjeeling tea production was 6.93 million kg. In 2023, it dwindled to 6.18 million kg. Violent agitations in the hills in 2017 and recent resurgence in the demand for Gorkhaland ahead of the ongoing elections, too, have impacted the gardens and their profitability in a big way even as demand is growing within the country, industry insiders said.

Dry spell impact: Darjeeling tea prices shoots up 10-15% this season, ET Retail

Darjeeling tea has been facing nature's wrath for quite some time now. In 2022, Darjeeling tea production was 6.93 million kg. In 2023, it dwindled to 6.18 million kg. Violent agitations in the hills in 2017 and recent resurgence in the demand for Gorkhaland ahead of the ongoing elections, too, have impacted the gardens and their profitability in a big way even as demand is growing within the country, industry insiders said.

Bengal's tea industry seeks a new flavour

The alpona (artwork) on the steep, winding road leading to Makaibari bears testimony to the visit of G20 delegates for the second tourism working group meeting in April last year. The lush tea bushes, the delegates joining in for the moonlight plucking of Silver Tips Imperial first flush, a favourite of late Queen Elizabeth II, cut a picture of mystical magic. But it's not the Kurseong tea garden's only shining moment - the last few years have been busy for the estate and its bungalow.

India Inc feels the heat of West Asia conflict

Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.

Assam Bought Leaf Tea Manufacturers Association | Industry supports Centre's decision to route sale of dust tea from north India via auction

Those who are backing the decision argue that auction will indirectly increase supply of clean teas in the market and also fetch higher prices for producers as well as packers

Indian Tea Exporters Association Applauds Government's Move for 100 per cent Auction of Dust Grade Teas

Govt mandated 100% auction of dust tea from North Indian tea gardens to ensure greater compliance, boost exports

India's tea exports may see marginal decline despite geopolitical problems

Higher offtake by non-regular buyers may take Indian tea exports close to 220 million kg. In 2022, tea exports stood at 231 million kg

New year fails to cheer Indian tea exporters - The Hindu BusinessLine

Will green tea revive Darjeeling's ailing tea industry?