Goodricke Group

Competitive Pricing Reduces India Exports

India will set a new record for tea production for 2016 at 1.22 billion kilos but continues to surrender market share in global exports. Despite increases in production, the quantity of tea sold at the Kolkata Auction dipped 3.9% to 120.8 million kilos in 2016 compared to 2015. Exports for the first eight months...