25 August 1998
INDIAS tea producers face greater competition following a government decision to allow imports of tea from Sri Lanka, Bangladesh and Nepal at a customs duty of 10%.
The change is likely to cut prices in India, the worlds largest tea producer.
There is also some concern that the change could mean a loss of quality in Indias teas as native producers try to compete with cheaper imported varieties.
- “Time for India to improve tea quality”, FWi, 02 July, 1998
- Pressure forecast on tea prices, FWi, 16 June, 1998
- Financial Times 25/08/98 page 22