Chinmaya IAS Academy – Current Affairs Chinmaya IAS Academy – Current Affairs
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India shipped larger quantities of tea to two neighbouring countries — China and Pakistan — in the first half of 2018, when overall tea exports increased to 112.1 million kg, from 107.1 million kg in the year earlier period. According to data with the Tea Board, total earnings between January and June 2018 was Rs. 2,177.1 crore, against Rs. 2,091.8 crore a year earlier, although the unit (per kg) price of the commodity was marginally lower both in rupee and dollar terms this year. Sujit Patro, secretary of the Indian Tea Association,, said that the improved exports scenario was linked to the various delegations that Tea Board and ITA had taken to countries such as Iran and Egypt during the year. Quite a few more are lined up over the next two months. Mr. Patro said while China holds considerable potential, certain non-tariff barriers make entry difficult although Chinese youth were showing preference for the Indian brew.
Source : https://www.thehindu.com/todays-paper/tp-business/tea-exports-to-china-pak-rise/article24699619.ece
