Present Scenario of Tea Industry in India(The Role and Relevance in Indian Economy)
Journal Title: JOURNAL OF COMMERCE AND TRADE - Year 2006, Vol 1, Issue 2
Abstract
India is largest producer and consumer of tea in the world. India produces 27% of total world production of tea and its trade is 13% of total world trade 25% of indigenously produced tea is exported. For mixing and export some quantity of tea is imported 100% import duty is on tea under present foreign trade policy.High production cost of tea and productivity problems needs immediate attention. In this area long term development and modernization steps have been taken - 1.In central government budget of 2005-06 additional custom duty of Re. 1/kg. has been withdrawn and 2.To maintain quality and brand equity of tea central government has issued Tea (Distribution and Export) control order 2005.
Authors and Affiliations
Dr. Poonam Rani
Keywords
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