Indian tea exports decline
Siliguri, Dec 29 (ANI): Tea exporters in Siliguri expect a decline in exports due to the falling demand for Indian tea in the world market, which is facing tough competition from Sri Lanka and Kenya.
The tea gardens of Darjeeling, Terai, Dooars including Assam are well-known to produce the world's best blend of tea and contribute 75 percent of India's total tea production every year.
Tea exporters said that entry of the other countries in the foreign market and the ongoing payment problems have led to the decline in the exports.
"We purchase tea from Middle East and Russia for our export. This year, there has been a decline in exports as our competitors like China, Kenya and Sri Lanka have gone ahead of us. Earlier, we were number one in exports, now we have fallen to fourth position," said Vice President of Federation of All India Tea Traders Association (FAITTA), Kamal Kumar Tiwari.
Tiwari added that apart from the slowdown in exports, weather also played havoc this season.
"Unfavourable weather conditions are another reason for the decline in the tea exports. The fluctuating weather would also affect the production of tea," added Tiwari.
India faces stiff competition from Sri Lanka and Indonesia in the traditional tea market, and in green tea from China, while Kenya and other African countries vie for the CTC export market. (ANI)
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