Coffee and Tea Industry in India: Current Trends and Future Prospects

Abstract

India has acquired an exalted status on the global tea map. The country is the second largest tea producer in the world. Interestingly, india is also the world's largest consumer of black tea with the domestic market consuming 911 million kg of tea during 2013-14.the export earnings from plantation crops like coffee and tea played a significant role in financing indian development. Production of tea reached 1,233.14 million kg in 2017-18 from 878.65 million kg in 2008-09 with a compound growth rate of 2.86 % during 2017-2018. India tea export recorded a compound growth rate of 1.22 % during 2017-2018, where import recorded a compound growth rate of 0.78 % during 2017-2018.