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Darjeeling tea export orders see cancellation

Updated - June 30, 2017 09:51 pm IST

Published - June 30, 2017 09:39 pm IST - KOLKATA

Staring at record loss, says industry

With no signs of the agitation for separate Gorkhaland letting up, the Darjeeling tea industry is witnessing cancellation of export orders and fears that bonus payments may become a problem even if normalcy is restored after some days. In a media interaction, the industry said it was now staring at an unprecedented loss. “The industry has been down for nearly two years now and this will deal a crippling blow,” said A.N. Singh, former chairman, Indian Tea Association and MD, Goodricke. About six million kg of Darjeeling tea, comprising about 75% of its output, is exported.

Bonus payment

Binod Mohan, chairman, Darjeeling Tea Association, said that bonus payment, due in September, will now become a problem in view of reduced cash flow. Last year’s payment had amounted to about ₹70 crore.

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