Drop in tea production this year leads to 13% price rise
- Posted on September 17, 2024
- By Business News Today
- 3 Views
Drop in tea production this year leads to 13% price rise
Tea production in Assam and West Bengal has dropped this year, leading to a 13% rise in prices. However, this increase does not offset the production loss. Export prices have also fallen by 4%. The industry faces financial challenges due to unpaid subsidies for developmental work from the Tea Board.
