TEA INDUSTRY
Cool beans! Cafes are having a field day this summer National chains such as Third Wave Coffee, Chaayos, AbCoffee, and Boba Bhai have seen a notable increase in foot traffic at their cafes, particularly in northern India, despite the region grappling with record summer temperatures. These cafes are al...
23 Jun, 2024, 11.30 AM ISTAfrican, Asian tea producers flag concerns over global demand-supply mismatch Tea producers in Asia and Africa called for balance between global demand and supply, highlighting quality and sustainability concerns at a recent industry meeting in Dubai. The Indian Tea Association and other stakeholders addressed challenges such...
21 Jun, 2024, 02.59 PM ISTCombined fall in tea production in north India till June-end seen at 60 Mkg less than in same period last year Sandeep Singhania, President, Tea Association of India stated that the Production figure of North Indian Tea Industry reflect a precarious state of affairs in the industry, consequent to the constant onslaught of insufficient rainfall and excessive ...
20 Jun, 2024, 09.09 AM IST- ADVERTISEMENT
Cannes Lions 2024: India off to a good start with one silver, two bronzes India performed well on the first day of the Cannes Lions International Festival of Creativity, often referred to as the Oscars of the ad-world. They secured one Silver and two Bronze Lions. Ogilvy Mumbai was awarded a Silver Lion for their innovati...
18 Jun, 2024, 12.30 AM ISTLabour shortage hits Tiruppur apparel units as migrant workers who went home to vote not willing to return Tiruppur, known as the 'knitwear capital' of India, is facing a labor shortage as thousands of migrant workers, who returned to their hometowns to vote in the recent Lok Sabha elections, are hesitant to come back. This crisis arises just as export i...
07 Jun, 2024, 11.55 PM ISTAgar is next tea and oil for Assam if developed systematically: Assam Chief Secretary Ravi Kota Kota said that the climate and the landscape of Assam are best suited for agar tree plantation. There is a high demand of agarwood of Assam in the global markets particularly, Middle East because of its best quality aroma. Besides, huge domestic mar...
25 May, 2024, 08.34 PM ISTTea brand Freshleaf raises Rs 1 cr in seed round led by Inflection Point Ventures Vikram Ramasubramanian, Partner, Inflection Point Ventures says, “Freshleaf’s approach to crafting premium teas combined with health benefits presents an exciting opportunity for us to contribute to a startup that is set to redefine the tea industry...
23 May, 2024, 01.23 PM ISTDry 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 G...
17 May, 2024, 05.30 AM ISTTea Association of India flags a strange phenomenon Tea Association of India (TAI) stated that the strange phenomenon of drop in crop production with no concomitant rise in prices is in stark contrast to the 2020 scenario when drop in production due to covid closure caused a sharp rise in realization...
13 May, 2024, 08.01 PM ISTProduction of tea down all over India by 13 million kg Tea industry in season 2024 faces challenges with production declines, weather issues, and financial stress. Darjeeling sector seeks relief package for survival amidst declining yields and prices.
09 May, 2024, 05.35 PM ISTBad news for chai lovers! Heat wave worries reach North Bengal as tea biz suffers Tea industry shortage due to heat wave: Certain districts of North Bengal are experiencing high temperatures, adversely affecting the tea crop.
04 May, 2024, 03.52 PM ISTTea industry issues hold key in north Bengal polls The sector is plagued by the twin blows of rising production costs and lower price realisation at the auctions, former Tea Board chairman P K Bezbaruah said. This might have thrown the planters' business and livelihood of 4.5 lakh tea garden workers...
11 Apr, 2024, 12.15 PM ISTAssam urges Centre to consider deferring enforcement of sale of 100% dust grades tea through auction "We urge you to issue appropriate orders on priority, keeping in mind the best interests of the tea industry in Assam and, more importantly, the welfare of small tea growers and associated stakeholders. Your prompt action in this regard will be high...
02 Apr, 2024, 10.43 PM ISTAssam anticipates investment opportunities from HUL: CM Himanta Biswa Sarma Sarma said on X, “Today in Mumbai, I had an excellent discussion with Mr. Dev Bajpai of Hindustan Unilever Limited & Mr. Prashant Mehta and Mr Saurav Sharma of Lilavati Medical Trust. Assam is looking forward to new investment opportunities by HUL i...
20 Mar, 2024, 09.55 PM ISTNorth Eastern Tea Association urges Assam govt to engage cricketer Dhoni as brand ambassador of Assam tea North Eastern Tea Association (NETA) advocates M S Dhoni as Assam tea ambassador. The 21st Biennial General Meeting (BGM) of NET was held at Guwahati recently. Chairman of NETA Kamal Jalan, during his speech stated, “In a liberalised globalised econ...
15 Mar, 2024, 07.53 PM ISTTripura Chief Minister Manik Saha laid the foundation stone of state’s first tea auction centre After laying the foundation stone of the proposed tea auction center, the Chief Minister said on the X: “A leap towards development of tea industry in Tripura. Today laid the foundation stone of Agartala Tea e-Auction Centre was laid at Gurkhabasti ...
14 Mar, 2024, 09.54 PM ISTAssam: Tinsukia achieves landmark as the first legacy-waste-free district in Northeast Tinsukia, in Northeast India, becomes the first district to eliminate 1.53 Lakh Metric Ton of legacy waste using bio-mining. The project yields 80 bighas of reclaimed land and establishes Tinsukia as a model district for land reclamation through bio...
12 Mar, 2024, 08.18 PM ISTBudget 2024: Assam tea industry seeks exports promotion policy Interim Budget Expectations: The ailing tea industry in Assam is hoping for proper promotion and export improvement in the upcoming Union interim budget. The industry is facing oversupply in the domestic market and tepid export demand. The Bharatiya...
29 Jan, 2024, 12.38 PM ISTAll India Institute of Ayurveda to research health benefits of tea The MoU is aimed at undertaking research in the tea estates of AYCL and discover its various health benefits of tea including exploring possibilities for possible applications in the Ayurvedic line of medication and treatments.
21 Dec, 2023, 04.14 PM ISTLow export demand and sluggish rural consumption to dampen tea realisations for North India estates, says ICRA The all-India production of bulk teas in the first 10 months of CY2023moderated by 22 Mkg (~2%) on a YoY basis and ICRA expects the full-year production to ease by ~1% compared to CY2022. Tea output in Kenya is likely to increase in CY2023 over the ...
20 Dec, 2023, 11.34 AM IST