India's exports share falls
Indian tea production, which represents approximately 25 percent of global tea crop, is losing ground in almost every export market. A new study suggests it only amounts to ten percent of the global export market and has halved since 1994. In the early 1980s, India's tea exports accounted for 40 per cent of the domestic production, which subsequently declined to 20 per cent in 1994. Furthermore, the country's tea exports have taken a 29 percent dive in 2007-2008, triggered by a collapse of major global markets such as Iraq and a rise in production in countries like Kenya and Turkey.