Connect with us

Top News

Indian tea industry records highest ever production (Lead)

Published

on

Kolkata, May 8 (IANS) Achieving a historic feat, the Indian tea industry recorded the highest ever production of 1,325.05 million kg as well as export of 256.57 million kg during financial year 2017-18, official figures released on Tuesday revealed.

The total tea production in 2017-18 went up by 74.56 million kg or 5.96 per cent, as compared to the corresponding figure in 2016-17, when India produced 1,250.49 million kg of tea, according to Tea Board India.

Similarly, the total quantity of tea exports during 2017-18 increased by 28.94 million kg or 12.71 per cent as compared to the corresponding period last year. Exports stood at 227.63 million kg in 2016-17.

The foreign exchange realised from tea exports was $785.92 million in 2017-18, a rise of $95.19 million or 13.78 per cent over 2016-17 when it had earned $690.73 million.

In rupee terms, the total value of the exports was pegged at Rs 5,064.88 crore during 2017-18.

The value realisation increased by Rs 432.38 crore or 9.33 per cent over 2016-17 (Rs 4,632.50 crore).

The growth in exports was majorly driven by five countries – Egypt, Iran, Pakistan, China and Russia.

India’s tea export to Egypt during the last fiscal was at 12.69 million kg, up by 7.49 million kg or 144.04 per cent from 5.20 million kg exported in 2016-17 while export to Iran stood at 31.19 million kg in 2017-18, up by 28.67 per cent compared to previous fiscal.

India shipped out 16.09 million kg of tea to Pakistan during FY18, an increase of 4.96 million kg or 44.56 per cent from 11.13 million kg exported in FY17.

Exports to China also rose by a whopping 47.78 per cent to 9 million kg in 2017-18 while India’s exports to Russia went up by 6.39 per cent to 48.10 million kg.

The earlier record for the highest quantity of tea exports was during 1976-77 when the total quantity exported was 242.42 million kg.

According to Tea Board India, the trend towards a new record in exports was evident in calendar year 2017 itself as the total quantity of exports stood at 251.91 million kg, an increase of 29.46 million kg or 13.24 per cent over 2016, with value realisation at $766.06 million, rising by $100.90 million, a rise of 15.17 per cent.

During the calendar year 2016, the total exports were 222.45 million kg, with value realisation at $665.16 million.

In rupee terms, total exports in calendar year 2017 were at Rs 4,987.59 crore, up by 11.63 per cent from Rs 4,468.11 crore in 2016.

The previous highest export quantity for a calendar year was in 1981 when the total tea exports had reached 241.25 million kg.

–IANS
bdc/vd

Continue Reading

Top News

Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma

Published

on

By

World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.

Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.

During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.

On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”

Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.

It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.

Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.

Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”

On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”

The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.

Continue Reading

Trending