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2022 to be a challenging year for tea industry: Assocham-ICRA report

Summary by Ground News
The year 2022 will be a challenging year for the Indian tea industry. The cost of production is higher than price realisation at the auctions, according to a report prepared by Assocham and ICRA. The report said that while labour costs increased, production volumes have risen but per capita domestic consumption remains almost stagnant.
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EastMojo broke the news in on Thursday, December 9, 2021.
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