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ECONOMY

Tea export to India increases by 52 per cent

BHADRAPUR (JHAPA), Sept 21: Export of tea from Mechi Customs Office has increased by 52 percent in the first two months of the current fiscal year 2024/25. A total of 4,412 metric tons of tea has been...
By Republica

BHADRAPUR (JHAPA), Sept 21: Export of tea from Mechi Customs Office has increased by 52 percent in the first two months of the current fiscal year 2024/25. A total of 4,412 metric tons of tea has been exported in the month of Shrawan (mid-July to mid-August) and Bhadra (mid-August to mid-September) of the current fiscal year, which is 52 percent more than in the corresponding period last year. 


In the first two months of the previous fiscal year, 2,902 metric tons of tea had been exported from the eastern border point with India, according to the office. The exported tea is worth Rs. 1.13 billion.


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President of Nepal Tea Producers' Association, Aditya Parajuli, said that the export of tea from Nepal has increased due to the decrease in tea production in South India. The export of tea from Nepal is likely to increase further this year due to increased demand from India. 


In the last fiscal year 2023/24, a total of 13,433 metric tons of tea worth Rs. 3.16 billion was exported to India. The amount of tea exported last year was 7.68 percent less in comparison to the previous financial year.


(RSS)

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