India's exports dip after fall in demand
India's exports fell 5% in October as demand from the West slowed down. Total exports during October were 16.55 million kg, compared with 17.45 million kg a year ago, due to shipment delays from countries like Russia, the UK and Germany. The dip is likely to be short lived and the Tea Board of India still expects yearly exports to meet the 200 million kg target. Country's plantations have also recorded a rise in production for October, with a yearly growth rate of 11% to reach 125.8 million kg.