India's tea industry to weather recession
Tea Board of India chairman Basudeb Banerjee, speaking at the inauguration of India's International Tea Convention, assured attendees that global economic recession would not affect the country's tea industry. Stating previous experiences, he said though the economic slowdown would create some initial difficulties, it would be helpful for the industry at the end. In his speech, Banerjee stressed the need of government investments to develop tea processing and research. He also called for Geographical Indication protection for tea from Nilgiris and Wayanad regions.