Tea industry likely to witness 8% year-on-year decline this fiscal, Crisil says

Tea Companies To Witness 8% Dip In Revenue On Decline In Exports: Report.

Operating profitability of industry will fall for the second year in a row , shedding 100 basis points to 5% due to lower realisation.

India , with a share of 11% , is the fourth -largest tea exporter after China , Kenya and Sri Lanka .