India’s largest tea cooperative plans to enhance retail sales

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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

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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

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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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