Indias tea exports projected to grow 15% in next five years
The Dollar Business Bureau | @TheDollarBiz India exported around 225.76 million kg of tea last year, of which around 17% was shipped to Russia India’s tea exports are forecast to grow to around 260 million kilograms by 2019-20, up about 15% from the current 225.76 million kilograms, according to the Commerce Ministry. In terms of value, the value of tea exports in 2019-20 (at today’s prices) is estimated at around Rs.5,145 crore. This suggests a growth of around 14% from the current levels of Rs.4,509 crore. Russia is the largest importer of tea from India, accounting for around 38.62 million kilograms or about 17% of India’s total exports. However, Pakistan is a market to watch. According to the Commerce Ministry, ...
