Wagh Bakri to purchase ten tea gardens in AssamInto tea blending and packaging, it dominates the Gujarat packet tea market with a share of 65 per cent and also operates in other markets.
- Winter demand heats up retail tea prices; HUL, Tata Global and Wagh Bakhri buy heavily
Retail price of tea has appreciated by 5% and is set to go up as demand is increasing with the onset of winter.
- Dust tea prices go up as Tata Global Beverages, HUL and Wagh Bakhri group join auctions
CTC tea prices, however, are coming down as poor quality has taken a toll on the prices.