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India's tea export jumps by 14 pc in FY'10.


Date: 10-05-2010
Subject: India's tea export jumps by 14 pc in FY'10
New Delhi, May 9 (PTI) Tea exports from India, the world's largest grower, rose by 14 per cent to Rs 2,721 crore in 2009-10 fiscal on high global prices and downfall in shipments from other exporting countries, according to the Tea Board.

In terms of volume, overseas shipments increased to 200 million kg from 190 million kg in the review period, it said.

"The exports jumped to Rs 2,721 crore in FY'10 from Rs 2,381 crore in the previous year, as shortages in tea exporting countries like Kenya and Sri Lanka accounted higher demand for Indian tea," a Tea Board official told PTI.

The export value rose also due to higher unit price. A premium quality Indian tea fetched as much as Rs 160 per kg, against Rs 146 per kg in the review period, he said.

Source : PTI

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