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Posts tagged as “Indian”

Why Indian tea exporters remain upbeat on Iran market despite disruptions

India’s tea exports to Iran have been getting momentum considering the fact that 2013. They broke all information in 2019 (January-December) to reach 53.45 million kg (mkg), with Iran replacing Russia as the most significant consumer of Indian tea.

Can India repeat this achievements in 2020? It can, say tea marketplace resources, for legitimate factors.

The problem, however, is imminent. Iran is devastated by the dual assault of the Covid-19 outbreak and a crude oil selling price war, which limitations consumption likely. Export exercise has slowed down above the earlier two months. Quicker than later, there could be a political upheaval in the Gulf nation, say authorities.

Non-tea exports

But it is not just tea exports that are at stake for India. On the contrary, tea contributed a little above four per cent to India’s $3.5-billion export monthly bill in FY19.

Around the earlier two fiscals, India’s exports to Iran

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