SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Tea production rises 2.2% in 2011; falls short of 1 bn kg mark

10 Feb 2012 Evaluate

Lower crop in West Bengal and Tamil Nadu prevented tea production from touching the magical one-billion-kg figure, as it increased 2.2% in 2011 to a record. As per the Tea Board data, production increased to 988.32 million kg (mkg) against 966.40 mkg the previous year. Earlier the record production was witnessed in 2007 when the production was 986.43 mkg.

Production in West Bengal dropped to 226.36 mkg against 229.78 mkg a year, as the crop was hit by heavy rain during monsoon last year. On the other hand, Darjeeling tea production increased to 9.7 mkg compared to 8.8 mkg a year ago. Output is Assam also increased over 28 mkg to 508.74 mkg with the Assam valley contributing an additional 31.93 mkg at 460.66 mkg (428.73 mkg).

On the South front, output plunged by 2.4 mkg to 240.88 mkg (243.37 mkg) with the crop being over 3 mkg lower in Tamil Nadu. Crop output was mainly hit initially by a dry spell in the early parts of 2011 and then by wet spells and frost in the latter part of the year. Kerala, however, reported a better crop, whereas there was marginal fall in Karnataka.

India had targeted a production of 1 billion kg by 2010 but reduced crop management due to lower prices and weather, combined to cause a setback. After touching a record 986.43 million kg in 2007, tea production dropped to 980.82 mkg in 2008 and further to 978 mkg in 2009 and 966.40 mkg in 2010. However, higher prices subsequent to lower crop in Kenya and Sri Lanka led to better prices in 2010. This, in turn, led to better crop management and higher production last year.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×