India’s largest tea cooperative plans to enhance retail sales


India’s largest tea cooperative federation, Indcoserve based out of Coonoor, has set its eyes on enhancing the share of its branded retail sales in the coming years. Commanding a network of 30,000 tea farmers in the Nilgiris hills in Tamil Nadu as well 16 local processing factories, the cooperative presently has an annual production capacity […]

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Bulk tea sees rise in consumption as well as price, despite Covid-19: ICRA


Despite the COVID-19 pandemic that has created a demand-supply mismatch, the bulk tea industry has witnessed a sharp increase in both consumption as well as prices, according to a report by ratings agency, ICRA. The bulk tea companies, particularly of northern India are expected to report their best financial performance witnessed in recent history, mainly on the […]

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UPASI opposes move for duty free imports of tea


Apex tea planters’ body in South India has taken strong objection to any move that might tinker with the import duty structure of tea, cautioning about its counter-productive impact on the tea growing sectors.  United Planters’ Association of Southern India (Upasi) president AL RM Nagappan, in a press statement, said tea was an important agro-industry […]

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