India to export Tea to BashkortostanMay 26th, 2008 - 10:14 pm ICT by admin
Siliguri, May26 (ANI): After almost five months of negotiations, the Bengal chapter of Confederation of Indian Industry (CII), has come to an understanding with a private company to export tea from India to the Republic of Bashkortostan also known as Bashkiriya.
Teastar, a company based in Ufa , the capital of Bashkortostan located south of Ural range in Russia has agreed to buy 20 tonnes of orthodox tea from Bengal every month.
For over five decades, Russia (earlier Soviet Union) has been a major market for Indian tea, be it of Assam variety, Nilgiris or Darjeeling grown.
The tea that would be exported to Russia is black or orthodox tea or TGFOP (Tippy, grainy, flowery orange, pekoe) and FOP (flowery, orange, pekoe) grades.
The samples of the tea which were sent for confirmation as per Russian standards were approved.
The tea planters, processors and exporters feel that the deal with Russia is a significant development for the Darjeeling tea as well as the Indian tea industry.
Recently, Indian tea industry has been hit by high production costs and sluggish exports due to competition from producers such as China , Sri Lanka , Vietnam , Bangladesh and Kenya . But now the Indian tea industry is hoping to cash in on the federal package and come out of woods.
“Tea export from India to Russia was stopped for quite a long time. Russia is now importing tea from Sri Lanka and Cuba . After more than a decade this deal has been signed, so once again Indian tea companies will be able to export tea to Russia and tea market will experience a boom,” said G S Homa, Chairman of the Bengal Chapter of CII.
The first consignment of tea is expected to be exported in the month of June this year.
India is the world’s largest producer and consumer of tea. Tea is cultivated on around 521,500 hectares of land in the country. (ANI)
- Tea exporters turn to Russia following Iran crisis - Feb 08, 2012
- Indian tea makers fear lacklustre exports - Mar 28, 2012
- Indian tea makers to showcase brew at London Olympics - Jul 25, 2012
- Gulf turmoil hit Indian tea exports - Nov 13, 2011
- Tea industry wants Iran to keep rupee-rial mechanism - Jul 19, 2012
- Centre will help revive Kangra tea: Anand Sharma - Apr 10, 2012
- Gorkha Janmukti Morcha continues tea export ban - Mar 22, 2011
- J. Thomas expects to auction over 200 mn kg tea this year - Dec 16, 2011
- Ban on exports of tea leaves to impact tea industry in Darjeeling - Feb 27, 2011
- MFN status will spur Indian tea exports to Pakistan - Oct 25, 2011
- Tea firms line up tea tourism projects in Darjeeling hills - Aug 23, 2012
- Sri Lanka plans tea hub, imports from India, China - May 16, 2012
- Warren board approves demerger - Feb 17, 2012
- Tea production to go down due to weather: Tea Board chief - Nov 29, 2009
- Gorkha union lifts embargo on Darjeeling tea export - Mar 30, 2011
Tags: assam, cii, confederation of indian industry, darjeeling tea, flowery orange pekoe, fop, homa, indian tea, month of june, nilgiris, orthodox tea, russian standards, tea companies, tea export, tea industry, tea market, tea planters, tea tea, time russia, tippy