Representing Ceylon Tea, Dilmah CEO to address on ideas and actions for the tea industry
Bringing to light the challenges faced by tea producers in India and Sri Lanka, the South Asia office of the Friedrich Naumann Foundation (FNF) has organised an Online Business Dialogue under the topic: RESTART ASIAN ECONOMIES: Ideas and Actions for the Tea Industry on 15th March 2021.
Tea is the most consumed beverage in the world, second only to water. With such large-scale use, the production of tea is dominated by a few countries. South Asia as a region is fortunate to produce high quality tea. India, Sri Lanka are among the top 5 exporters of tea in the world. There are thousands of varieties of tea and scientists believe that drinking tea has health benefits attached to it. This perception has also been a factor giving rise to tea consumption in certain parts of the world. Clinical benefits that tea can enhance immunity which can help to fight diseases.
Gourmet tea companies reach buyers in domestic market as lockdown dried up international business
This rise in demand got the attention of some tea entrepreneurs who started thinking outside the box and favoured going to customers directly.
Synopsis
The lockdown dried up the international tea business for three months. Even after countries started lifting the lockdown, there was trade disruption and logistical issues. This made several contemporary gourmet tea companies that otherwise solely relied on business from these geographies to look at the Indian market.
The pandemic may have spoiled the party for luxury goods makers the world over, but there was one type of luxury that continued to thrive during this time. High-end teas, especially green, did considerable business even when the world was preoccupied with the coronavirus, claim companies selling them.
India Today Conclave: Focus on infrastructure to make Bengal great again, say industrialists
Ghosh called for developing infrastructure for agriculture sector to increase farmers income, and promoting MSMEs to provide a boost to the state s economy.
Rai Vinaykumar | February 12, 2021 | Updated 20:08 IST
Kanoria said the state needs to focus on manufacturing to position itself as the gateway to neighbouring countries and cater to North Eastern states.
Infrastructure development will be of prime importance for West Bengal to realise its business potential, captains of state-based business groups said as they came together to discuss the agenda for the new state government after the assembly polls later this year.
India Today Conclave East 2021: Top business minds share blueprint for Bengal’s growth
India Today Conclave East 2021: Top business minds share blueprint for Bengal’s growth
At the India Today Conclave East 2021, top business minds said that all West Bengal needs is a constructive policy push, infrastructure and better marketing for exclusive products and services. They also agreed that Bengal has a strategic advantage and all it needs is an image correction.
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UPDATED: February 12, 2021 17:06 IST
The panel also discussed key policies and projects that Bengal needs to implement in order boost growth. (Photo: Yasir Iqbal/India Today)
An image makeover is what West Bengal needs in order to boost its stalled growth, according to top business minds who took part in a session during the second day of the India Today Conclave East 2021.
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