| Date: |
11-04-2011 |
| Subject: |
Tea Exports Fell By 11% in February |
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India's tea exports in February this year fell by almost 11 per cent to 11.93 million kg, according to the latest Tea Board data.
The country had exported 13.35 million kg of tea in the year-ago period, the data said.
Tea exports from North India in the period under review fell by 22.20 per cent to 6.6 million kg as compared to 8.4 million kg in the corresponding period of the previous year, it said.
However, exports of the brew from South India in the same period rose by 9.41 per cent to 5.33 million kg as against 4.87 million kg in the previous year, it added.
In the first two months of the current year, the tea export fell by 9.08 per cent to 27.72 million kg as compared 30.49 million kg in the same period previous year.
Like-wise in the April 2010-February 2011 period, tea exports fell by 12.06 per cent to 167.02 million kg compared to 189.93 million kg in the year-ago period.
This year, the Tea Board is eyeing markets in the US, Russia, Kazakhstan, Iran and Egypt to boost its exports. India would target these markets with high-end and value-added varieties.
Source : financialexpress.com
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