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FLOOD IMPACT ON TEA
North Indian tea industry faces crisis as auction prices drop 17% amid production challengesTea Association of India said that the auction Price figures of North Indian Tea Industry recently reflect a precarious state of affairs in...- Centre approves Rs 5,000 crore PMAY housing package for flood-affected AssamIndia has sanctioned Rs 5,000 crore to support families in Assam devastated by floods, under the Pradhan Mantri Awas Yojana-Gramin (PMAY-G)...
- Wayanad Landslides: The hills are alive, but have a warningWayanad faces escalating ecological crises and deadly landslides. Recent disasters highlight unscientific development and policy conflicts....
- The 'little boy' in the Pacific, India's monsoon and the big test aheadIndia's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sow...
- Tata to hike tea prices over next few months: OfficialTata Tea plans to hike prices in the coming months to boost profit margins affected by rising input costs. Despite a 1% profit increase in ...
- Tea production in Assam, North Bengal impacted significantly by nature's furyThe Tea Industry in North East India comprising Assam and North Bengal produces almost 81% of country’s total production. This region has b...
- European buyers not keen to pick up Darjeeling teaPrices of Darjeeling tea fell to half at the auctions last week compared with the previous week as a result of weak demand from Europe, rai...
- Kenya taking over global markets, Indian tea producers look inward for price recoveryIn 2020, tea production India fell due to the lockdown. Once the lockdown was withdrawn, it took almost a month for the bushes to come in s...
- Bulk tea industry registers sharp rise in consumption, price despite COVID-19 pandemic: Report"As per our estimates, domestic production in CY2020 is expected to be lower by 12 per cent on a year-on-year (basis), assuming that no fur...
- Tea production down by more than 10% due to heavy rain, flooding in Assam and West BengalThough tea prices have risen by 25-40% on an average, industry executives say that lockdowns in the tea growing regions coupled with irregu...
- South Indian tea industry expects output decline in first 6 months of 2020The South Indian tea industry is expecting an output decline in the first six months of 2020 due to the Covid-19 impact. Most of the tea es...
- Assam tea producers heaves a sigh of relief as intensity of rain lessensAssam’s had produced 645.14 million kg tea in 2018, accounting for nearly 49 per cent of the country’s total production.
- Assam tea output may drop 8% on rain, floodsThe situation in Assam deteriorated this week as floodwaters submerged 30 of the 33 districts in the state.
- Bulk tea growers likely to witness sizeable adverse impact on operating costTea is a fixed cost-intensive industry, with labour costs accounting for around 60% of the total cost of production.
- Plantation sector in deep crisis: UpasiThe production of natural rubber in India has shown progressive decline primarily due to un-remunerative prices. Low prices have been drivi...
- Cochin tea auction postponedTea prices at the Coonoor auction surged in comparison to similar sale last year.
- Assam tea planters to move Centre against ASEAN Free Trade AgreementPlanters in Assam fear that cheap tea will flood the Indian market and Indian tea will not be able to withstand the competition owing to in...
- Indian tea industry faces major challenge due to climate change"Droughts, floods & severe attack of pests have been commonplace adversely affecting production, quality and costs," said A.K. Bhargava, ch...
- Tea companies fear of low profits with increased production costIn the current year, the drop in tea production till May 2014 due to an unfavourable weather conditions is expected to firm up tea prices.
- Floods, pests spoil spoil Assam tea partyProduction declines on untimely rains; poor transportation links add to woes.
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