The mounting craze witnessed in tea import in fiscal 2020-21 about the previous year continues with greater accent in the present fiscal.
An examination of the most current data readily available with the Tea Board reveals that India imported 2.03 million kg (mkg) in April in contrast to a mere .22 mkg in April 2020 which marked an boost of one.81 mkg or a whopping 822.73 for each cent.
A lot more tea was imported for the reason that of a marked reduction in the selling price. Every kg of imported tea price tag, on an average, ₹172.27 in opposition to ₹190.91 in April 2020.
In dollar phrases, the selling price of imported tea declined to $2.29 a kg from $2.fifty in April 2020.
Nevertheless, for the reason that of the sharp boost in volume, India compensated as considerably as ₹34.ninety seven crore to import tea in opposition to ₹4.twenty