Dhunseri Petrochem, a Kolkata-based company, is planning to buy tea estates overseas. It aims to increase tea production to 20 million from existing 13.5 million. Recently, company has sold one of its tea estates in Assam that is Namsang Tea Estate for a consideration of Rs 28.29 crore.
The entity is also planning to sell another factory and is in negotiations process. The company’s new leaf factories are expected to achieve the targeted quantity of 3 mn kg tea, depending on the availability of quality green leaf at competitive rates.
