India’s plantation sector faces similar problems across crops such as climate change, rising costs, lack of finances, low R&D investment and cheap competition
North India's tea plantations have seen output decline, sending prices up
India's tea output rose marginally by 1 percent to 1,213 million kg in 2015-16, on account of higher production in West Bengal and Assam
DP Maheshwari, managing director of Jay Shree Tea feels that the change in the route to bring in FDI in the tea industry is a positive move. Investments will come in due to growing demand for tea and exports increasing, he told CNBC-TV18.
In an interview with CNBC-TV18, Kamal Baheti says prices have come off a little due to a ramp up in production in north India.