India Tea Price Watch – October 2, 2021

More reforms were announced this week, including a mechanization subsidy scheme. India’s Ministry of Commerce and Industry has approved a $135,000 subsidy to aid tea garden workers in Assam and West Bengal. The focus is health, education, and skills development for women. During her trip to Assam, Commerce Minister Anupriya Patel challenged stakeholders to develop a self-sustainable business model with Assam as an export hub. In a letter to the Commerce Ministry, the India Tea Association asked that the current 100% tariff on tea imports be retained to discourage an influx of cheap tea into the country.

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The Tea Biz Tea Price Report is updated weekly with pricing and trends from producing countries. Tea Price Watch data is shared by the China Tea Marketing Association, The Tea Board of India, tea trade organizations and from auctions in India, Sri Lanka and East Africa (Malawi and Mombasa) | PLUS weekly IN-FOCUS articles on specific teas and IN-DEPTH coverage with Q|A with tea officials, influencers, and association leaders.

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