Kolkata: Ratings firm ICRA Wednesday said that the ongoing political unrest in Darjeeling is likely to have an adverse impact on tea exports from the region.
“Darjeeling is currently witnessing a political unrest, which has led to suspension of operations at tea estates in the region, at a time for production of the second flush tea”, ICRA said in its report. This particular variety of Darjeeling tea has historically been of very high quality and are almost entirely exported.
ICRA believes that the impact of the current situation on revenue is estimated to be in the region of Rs100 crore to Rs150 crore at present. However, a prolonged political unrest might result in a greater impact. Read More.
“Darjeeling is currently witnessing a political unrest, which has led to suspension of operations at tea estates in the region, at a time for production of the second flush tea”, ICRA said in its report. This particular variety of Darjeeling tea has historically been of very high quality and are almost entirely exported.
ICRA believes that the impact of the current situation on revenue is estimated to be in the region of Rs100 crore to Rs150 crore at present. However, a prolonged political unrest might result in a greater impact. Read More.