Tea exports fall 4.93% during January-September
Tea exports from India during January to September declined 4.93 per cent to 157.92 million kg, according to latest Tea Board data.
Tea exports from India during January to September declined 4.93 per cent to 157.92 million kg, according to latest Tea Board data.
During the first nine months of 2022, exports stood at 166.11 million kg.
From North India, primarily the states of Assam and West Bengal, tea exports dropped 6.61 per cent to 96.28 million kg in the reporting period, compared with 103.09 million kg in the corresponding nine months a year ago, the data showed.
In the southern region, shipments fell marginally by 2.19 per cent to 61.64 million kg from January to September.
During the entire calendar year 2022, tea exports from India stood at 231 million kg.
Sources in the Indian Tea Association (ITA), the apex body of planters, said the export scenario remains grim as shipments to Iran are uncertain due to payment issues.
The Iran market constitutes nearly 20 per cent of India's total tea exports, followed by the CIS group of countries, they said.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
80% return in one year: Brokerage suggests buying this Maharatna PSU stock for 2-3 days, check target
5 investment schemes that provide monthly pension to senior citizens fixed deposit fds savings scss guaranteed return atal pension yojana post office monthly income swps mutual fund
Akshaya Tritiya bank holiday or not Basava Jayanti 2024 festival date Banks closed or open tomorrow may 10 friday check out state-wise full list
01:47 PM IST