Nearly half of Darjeeling tea estates are on sale
Nearly half of Darjeeling’s tea estates, numbering around 35-40, are up for sale as planters are unable to run the operations smoothly in the absence of international buyers from Europe and Japan who used to buy good volumes of Darjeeling tea, and increasing production cost.
A liquidity crisis, high wages and falling tea prices are impacting the profitability of Darjeeling planters, forcing them to look out for buyers.
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