News for 'UPASI'

Indian tea companies smell opportunity as Sri Lanka crisis brews

As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.

Plantations can claim carbon credits: Nath

According to the Kyoto protocol, one carbon credit can be earned by reducing a tonne carbon dioxide. One carbon credit is worth $10 as per the UN Framework Convention on Climate Change (UNFCC) guidelines.

India to market tea in Egypt

In an effort to boost India's tea export, a delegation from the Tea Board is on a tour to Cairo for finalising the opening of a Tea Marketing Centre in the Egyptian capital.

Spices Board targets $880-m exports

In an effort to increase the exports of spices from India, the Spices Board has set a target turnover of $880 million this financial year against $800 million last year.

Falling exports have hit tea tags

A sharp decline in exports had affected the overall tea price situation in the country, according to United Planters' Association of Southern India.\n\n

Italy top Indian coffee buyer

Payment problems plague 1 million plantation workers

The Assam government has taken the initiative to pay workers their wages electronically and has asked banks to open branches adjacent to tea gardens and install ATMs in estates.

In Ooty, chai pe charcha to double tea export to Pak

At 235,000 tonnes per annum, Pakistan is the third largest importer of tea in the world as it can't grow tea because of adverse climate conditions. India supplies just about a tenth of tea imported the neighbouring country