Competition Softens Some Indian Tea Exports
Severe competition in the world tea market from super-producers such as Kenya, Indonesia and Sri Lanka continue to soften some Indian tea exports without any signs of near-term improvement. Greater imports of low cost teas tea have also depressed the domestic market. For decades Indian producers reigned over many foreign markets where they now face very tough competition. Within Kerala favorable weather conditions and sophisticated farming technologies has raised production despite shutting down of a number of estates.