Apeejay Surrendra Group to Exit Tea Garden Business

Apeejay Surrendra Group, one of the largest privately held diversified business houses in the country, is all but bidding adieu to the business of tea plantation.

The group, which own the iconic Calcutta landmarks such as The Park Hotel, Flury’s and Oxford Bookstore, reached an understanding to sell two of their remaining estates on Monday and talks are on to dispose off the rest, keeping just one, where it plans to develop social infrastructure such as a school, hospital and hotel.

At the height of the group’s association with tea plantations, Apeejay had 17 gardens in Assam, producing about 24 million kg of its own crop, making it the third largest tea producer in India. The assets were acquired by the promoter Paul family during 1977 to 1982 and held through three companies Assam Frontier, Empire and Singlo.

Continue reading please click here to view the original article.

We will contact

Get a Call Back

Why work with us?

We support businesses with the required training and guidance helping them achieve the best quality in their teas.Factories are welcome to enroll in our programme where we provide detailed training and handholding on crop production in few easy steps:

1. Factories identify their personnel whom they would like to train. We recommend a mix of small growers, internal employees, agents, etc., this would allow a holistic reach

2. Identified personnel would be given classroom and on field training on plucking, spraying, pruning and other related activities

3. We continue to provide support over phone or through visits as and when required

4. We also provide support to businesses helping them connect to potential buyersWe also adopt different approaches, including a market-driven approach to work with the STGs to increase their farm productivity, income diversification and enhancement.