Corona epidemic collapsed India’s tea export sector

Sunbd Desk || Published: 2021-06-14 11:15:51 || Updated: 2021-06-14 11:15:51

India’s tea exports have plummeted due to the ongoing epidemic. The country is in a slump in exports as the price of the beverage has gone up and the corona has caused a blockade in the country. Khabar The Hindu Business Line.

An analysis of the latest data provided by the Tea Board of India shows that the country shipped 24.23 million tonnes of tea for export in the 2019-20 fiscal year. In the financial year 2020-21, 20 crore 20 lakh tons were shipped. As a result, exports have decreased by 16.30 percent.

Meanwhile, income has also declined due to the decline in exports. In the fiscal year 2020-21, the total income from the tea export sector has come to Rs 5,231.69 crore. In the previous season, the export income was Tk 5 thousand 457 crore 10 lakh. As a result, the income has decreased by 4.13 percent.

Sunbd/NJ

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