Tea production in the country is booming with the gross at 1.2 billion kilos. A large portion of tea is produced by small farmers. The exports have fallen marginally but the local demand is unquenchable.
In spite of growth of tea production in India the country continues to import tea from many countries. South India, Assam Valley, Darjeeling District, Terai Region and Dooars are the primary production centers in India.
The rise in output has taken place in spit of Tamil Nadu and Kerala and rest of South India loosing out in production.
In order to stabilize production a serious effort has been made to make Indian tea conform to food safety. A sustainability code has been established in this regard by the Tea Board of India and stakeholders have been invited to make the program a big success. Quality is the key concern and improvement will lead to better value and higher production as well.
Showing posts with label growth. Show all posts
Showing posts with label growth. Show all posts
Tuesday, March 11, 2014
Tea Production in India
Monday, August 29, 2011
Opportunities for US
For slowdown in economic growth and poor employment rate solution can be found elsewhere in China and India suggests Business Week. The economy news magazine sees opportunities for American products in under developed countries.
The key to success is niche products with a greater degree of difficulty in the manufacturing process. Hence these products cannot be replicated or discounted. Cutting edge technology can yield robust order from less developed countries.
Countries like India and China will always maintain economic growth in the near future. Setting up plants in these countries will be an effective cost cutting exercise. The strategy will result is robust growth for the US concerns.
The key to success is niche products with a greater degree of difficulty in the manufacturing process. Hence these products cannot be replicated or discounted. Cutting edge technology can yield robust order from less developed countries.
Countries like India and China will always maintain economic growth in the near future. Setting up plants in these countries will be an effective cost cutting exercise. The strategy will result is robust growth for the US concerns.
Thursday, July 21, 2011
Economic revival of India
India has gone a long way since independence in economy and business. Not only this the country has advanced on all spheres. It is today assumed to be an economic giant a future leader perhaps.
Just after the independence the country followed socialist, protectionist policies that encouraged public sector but not the private sector. Heavy taxation was a bane of all progress and it encouraged tax evasion hence black money.
In recent time there has been as lot of reforms which has brought about a dynamic U turn in the economy. With corrective policies and reforms the industrial sector achieved phenomenal growth. Subsequently exports gained a big boost. The low cost manufacturing and affordable service sector made the country attractive for foreign direct investors. The manufacturing sector has gained a lot and is in position to challenge China.
The country has vast man power which id skilled and semi skilled and understands or speak English. The resultant benefits are obvious and the Nation is engaged in enhancing this factor. Education in India is a priority and will change the country's profile and image abroad. The Indian management cadre, white and blue collar workers and cheap labor contribute to the economy most prolifically.
The burgeoning technological, research and management institutes are the country's futuristic strength. Indian professional will pay an active role in global economy in time to come.
Saturday, May 7, 2011
Indian Business
Like never before Indian business and industries are booming. From a humble beginning post independence the countries progress scale has showed a steep upward movement in recent times. The biggest growth factor is the manufacturing sector small and big.
With recession in the developed countries greater impetus is placed upon cutting costs. Countries like India and China offer cheaper production using latest technology. Hence the cost cutting exercise has become a strategic move and must. The resistance towards outsourcing to India is irrational since ultimate beneficiaries are the parent companies situated in the Western World.
India is destined to be an economic power horse as analyst say. The boost in growth has also arisen from the It sector and overseas job scenario since NRI contribution to the economy is substantial. Tourism is on the move but comparably the country stands nowhere in spite of having the wonders to offer. The reason is lack of infrastructure and services that cater to super luxurious tourists preferences.
Other factors that contribute are medical tourism, performing arts, music and education....so many others. The country in spite of problems that scale to a high magnitude is nevertheless advancing in all sectors. This augurs a bright future in time to come.
Location:
India
Subscribe to:
Posts (Atom)
