Business · Energy & Commodities · 19 hrs ago

Tea Board plans changes to make India’s tea auctions more efficient

Tea Board plans changes to make India’s tea auctions more efficient

Tea Board India held a seminar in Guwahati to discuss changes to the country’s tea auction system.

The Pan-India electronic system, introduced in 2016, lets registered buyers take part in auctions at different centres through one platform.

Tea auctions also help set price benchmarks used to determine what small tea growers are paid for green leaves.

The Board said buyer participation rose from 1,702 in 2015–16 to 2,417 in 2025–26, while the volume sold increased from 518.08 million kilograms to 643.89 million kilograms.

A newer web-based platform is intended to make auctions easier to use and reduce operating costs.

It has been rolled out in Kolkata, Coonoor and Dibrugarh, and is expected to reach other auction centres later.

Planned reforms also include changes to tea sampling, lot standards and the time between listing and auction.

Sources

Related news