Iraq invites Indian companies to tea festivalConfirming the invitation, Sujit Patra, secretary of the Indian Tea Association (ITA), said, "Iraq had been a major market for Indian tea t...
India's imports of cheap teas surge 176% in six monthsWhile tea imports in India are meant for re-exports, a large chunk of these imported teas are being blended with Indian teas and are being ...
Tea Industry urges Centre to work out a preferential trade agreement with Bangladesh in order to boost tea exportsThe development comes as India’s tea exports may not reach 200 million kg this year amid steep competition in the global markets from the l...
India's tea output drops in 2020, lifts prices to a record highIn the last few months, the key tea producing north-eastern part of the country has received good rainfall and that would lead to higher ou...
Indian tea trade gets export enquiries from global markets but worried over supplyTo be sure, the Centre said Saturday that the industry could function with half the usual staff strength through the Covid-19 lockdown, whi...
Payment not a worry: Iran, Uco Bank tell tea tradersIn the past, some tea exporters faced delay in payment from Iran, which has created an air of uncertainty for the trade.
Plans to bring tea swap to IndiaTea swap is a type of financial contract that will not be traded on an exchange.
Iraq keen on resuming tea imports from IndiaThere has been a shift in purchasing pattern in Iraq, he said.
India asks Russia to cut duty on packet teaIndia’s tea industry aims to increase its exports to Russia to 65 million kg by 2020 from 48 million at present.
Tea stocks jump up to 9% on hope of higher realisationsPatra also said that there has been a steady demand for Indian tea in the overseas markets.
Rising Kenyan output may end India’s tea partyWhen bulk exports pick up for second flush teas, the realisation will automatically move up
Indian Tea Association says pan-India e-auction failed to give resultsSujit Patra, secretary of the Indian Tea Association, said the board has initiated post auction settlement system for pan-India auctions .
Fall in output, price brings tea companies to a boilOnly quality teas that constitute 15 per cent of total production of 1,200 million kg are fetching good prices.
Demand for Indian tea rises in Russia, traders want joint ventures with Indian cosTea traders in Russia have evinced interest in forming joint ventures with Indian companies to sell packet tea in their country.
Foreign buyers asking for good quality tea at lower priceWith a reduction in export incentive – to 3 per cent from 5 per cent – in the new foreign trade policy, Indian tea has become less competit...
Indian Tea Association to promote beverage among youth with tea carnivals in colleges like Hindu, SRCC“We are starting with eight colleges. In the next phase, we will go to the IITs and IIMs to organise tea carnivals,” Monem said.
- ITA draws up strategy to take on global market
ITA expects to triple tea exports to Pakistan as rival producer Kenya battles a drought that has damaged its crop and pushed up prices.