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May see hike of Rs 10-15/kg in tea prices: Jayshree Tea

May see hike of Rs 10-15/kg in tea prices: Jayshree Tea

Friday, April 7, 2017, 4:46 PM

Tea companies are in focus as plantations in Assam are facing a production dip because of excessive rain in the area. This is expected to lead to a shortage in stock and consequently an increase in prices. CEO of Jayshree Tea and Industries said that India's 50% of tea production comes from Assam. Loss of production to lead to a price hike of Rs.10-15/kg in tea prices.
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