'War to affect India’s tea exports to CIS nations'

India's tea exports to Commonwealth of Independent States (CIS) countries, including Russia, is bound to be affected due to the ongoing war. I stand before you at a critical juncture when the world is witnessing a major war in Europe wherein the Western Block has swiftly introduced draconian economic measures. 

In this world of inter-dependability no nation, including India can remain insulated from it, said Ajay Jalan, President of Tea Association of India -- Assam Branch at the 35th biennial general meeting held in Kaziranga. India's total tea exports to CIS countries, including Russia is usually in a range of 58-65 million kilogram, Jalan said.

Coupled with the fact that the country has an ongoing payment issue vis-a-vis Iran, the country is staring at a sharp decline in export figures. The export for 2021 stuck at 195.50 million kg against 256 million kg attained in the year 2018.

On rising input costs for the industry, he said AgriTech in the form of drone technology for field monitoring and pesticides spraying, usage of artificial intelligence and machine learning in developing smart harvesters assume importance.