By Aravinda Anantharaman | Managing Editor
India Tea News for the week ending April 19, 2024
Amalgamated Plantations (APPL) Head Resigns
Vikram Singh Gulia, MD and CEO of the Amalgamated Plantations Pvt. Ltd. will leave on 30th June 2024. He is the second head of one of the top five tea corporations to resign this year after Atul Asthana’s exit from the Goodricke Group. The APPL Board has appointed Sukhjeet Singh Malhotra, Vice-President – PSO, Tata Consumer Products, as Wholetime Director and CEO Designate, effective April 9th, 2024. The Amalgamated Plantations include 25 estates in Assam and the Dooars, producing 40 million kilos of tea annually, making them India’s second largest tea producer.
High Grown First Flush Sees Lower Yield but Better Quality
The prolonged drought from October to March in north India has impacted tea crops in north India. The first flush picking began in late March; although rains have started, the crop is still in low quantity. This is seen in Darjeeling and Kangra. Vivek Lochan of Doke Tea says quality has been good and better than in recent years, thanks to the drought-induced slow growth. In Kangra, volume has also been impacted, although tea quality is up. The first flush verdict is low crop but good quality, sweet teas, better than in recent years. How the market responds is to be seen.
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