High tea production in Lanka to give boost to exports
Sri Lanka has registered a 29 per cent increase in its tea output to around 112 million kgs in the first four months of 2008 that is expected to give a boost to its exports, which are slated to cross one billion dollars in value terms this year.
Sri Lanka's tea exports is likely to grow by 15 per cent for 2008 against the landmark one billion dollar export mark on top of high output due to favourable weather conditions this year, according to experts.
The rise in demand for Sri Lankan black tea from Russia, Iran and Libya is likely to push tea exports from the island country to a new high in 2008, they said.
Sri Lanka would face competition for its sought after orthodox tea (black tea) from Vietnam, which produces similar variety of high quality tea.
Tea Production for the period January-April 2008 is pegged at around 112 million kgs, which is 29.2 per cent higher as compared to the same period in 2007, the Sri Lankan Tea Board said.
Read more,
http://www.hindu.com/thehindu/holnus/015200805241421.htm
Sri Lanka's tea exports is likely to grow by 15 per cent for 2008 against the landmark one billion dollar export mark on top of high output due to favourable weather conditions this year, according to experts.
The rise in demand for Sri Lankan black tea from Russia, Iran and Libya is likely to push tea exports from the island country to a new high in 2008, they said.
Sri Lanka would face competition for its sought after orthodox tea (black tea) from Vietnam, which produces similar variety of high quality tea.
Tea Production for the period January-April 2008 is pegged at around 112 million kgs, which is 29.2 per cent higher as compared to the same period in 2007, the Sri Lankan Tea Board said.
Read more,
http://www.hindu.com/thehindu/holnus/015200805241421.htm
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