Tea – Coffee Break
Index : 1,620 | 1Yr : +35.18% | 1Mo : +1.66%
Category : Sectoral Trackers
Min Investment : 3,583
Tea is the stable beverage in India which is an important part of daily consumption. India is the largest tea producer in the world. It accounts for over 30% of global exports. It employs more than 1 million people and 50 percent of the labour force being women. Majority of the tea production happens in northeast India & some southern regions like Tamil Nadu and Karnataka.
Coffee is increasingly being consumed the world over for its refreshing energy and It is now becoming a global phenomenon. Coffee is dominated by Karnataka and surrounding states which account for more than 70 percent of total production. Almost 80 percent of coffee production is exported. Majority of the coffee producers are small farmers and the market is highly fragmented. Tea & Coffee exports earn more than USD 250 million in foreign exchange reserves for the government.
Invest in companies which have a large presence in this space and are likely to consolidate and continue their growth in the future.