Finding ways to medicine the already dead horse…
According to me, in which many others join, the age old tea auction system, set up by the British in mid 1850′s, is the main reason of Indian tea industry’s woes.
Though it is claimed that auctions ensure collection of payments, but the reason fails when we find that all the tea packeting companies collect their funds too, at much higher levels and quantums then the bulk teas sold thru these auction.
Auctions avails buyers to buy cheaps at much lower levels then the ones sellers can achieve if they sell privately.
This kills plantations.
The only gainers are the brokers themselves – the Shylocks of Indian tea industry.
A section of sellers is trying to invent yet another way of selling teas – Instant tea auctions – old rum in the new bottle – like fast food – by alluring the buyers with cash discounts.
This will lead to further sickness – adding fuel to the fire.
Hope good sence prevail upon everybody in the deciding chairs.














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