+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Lockdown: Assam tea industry estimates 80 million kg loss, weighs opportunities to tide over crisis

Apr 24, 2020, 21:43 IST
PTI
Guwahati, Apr 24 () The Assam tea industry hasestimated a production loss of 80 million kg due to thelockdown, and conducted an analysis to determine its strengthand future opportunities to overcome the coronavirus crisis,an industry body said on Friday.

The North Eastern Tea Association (NETA) has done theanalysis to identify its weaknesses and threats to actefficiently in the crisis period, an official said."The SWOT (strengths, weaknesses, opportunities andthreats) analysis was done so as to examine both positive andnegative aspects of the impact on the Assam tea industry,"NETA Adviser Bidyananda Barkakoty said.Tea production is seasonal, and about 60 per cent ofthe crop in Assam is harvested in July, August, September andOctober, he said, adding that this is "a strength of theindustry" as the production is expected to continue in thepeak seasons.

Advertisement

He, however, said the Assam industry has estimated "80million kg production and around Rs 1,200 crore revenue lossdue to the lockdown"."These are our weaknesses. The production in March andthis month was hit, even though the operations at gardens with50 per cent workforce resumed from April 15. Planers need todo skiffing of overgrown leaves and the production in May willbe impacted to some extent," Barkakoty said.He said it will take some more time for the supplychain to stabilise.Describing tea as "an immunity booster", he said theconsumption of the beverage is unlikely to be affected infuture, and there is "a possibility of increasing exports toChina".

"It is time to explore new markets for exporting teaas the product has multiple health benefits. There is anopportunity for tea producers to sell tea directly throughonline platforms," he said.Exports to traditional markets may get affected due tothe coronavirus pandemic, he added. ESBBDC BDC

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article