1. India records highest-ever tea production in fiscal year 2016

India records highest-ever tea production in fiscal year 2016

India recorded its highest-ever tea production at 1,233 million kilos during 2015-16, while the exports crossed 230 million kilos during the period.

By: | Kolkata | Published: June 17, 2016 2:37 PM
Tea Tea production rose by three per cent in 2015-16, up from 36 million kilos in the preceding year, a Tea Board statement said today. (Reuters)

India recorded its highest-ever tea production at 1,233 million kilos during 2015-16, while the exports crossed 230 million kilos during the period.

Tea production rose by three per cent in 2015-16, up from 36 million kilos in the preceding year, a Tea Board statement said today.

Exports during the last fiscal was the highest after 35 years and valued at Rs 4,493 crore, and a 17 per cent rise in terms of quantity, it said.

The last time exports crossed the 230 mkg mark was during 1980-81, it added.

Increase in exports was mostly in the markets of Russia, Iran, Germany, Pakistan, Bangladesh, UAE and Poland.

The increase in production could be attributed to a rise in North India, while south suffered from adverse climatic conditions and labour issues in Kerala.

Production by Bought Leaf Factories (BLF) increased 5.81 per cent during the period and contributed 34 per cent to overall production.

Average price realisation at the tea auctions increased 8.05 per cent, according to the statement.

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