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Historic Sustainability - Essay Example

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The tea sector has remained a great employer in India. Additionally, it is a critical foreign exchange earner. More than two million people in India rely on tea in…
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Historic Sustainability
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Download file to see previous pages It is worth noting that the prices of tea in the world market is falling drastically day by day, which have had nasty implications not only to the producers but also to the workers. All stakeholders need to join hands in unison and address the issue finally.
The inauguration of tea as a major drink has been a milestone in not only the economic development of India but also worldwide countries. Essentially, tea has become a core part of majority of people’s daily lives.
History shows that the current tea bushes did grow as wild vegetation in India. The natives’ settlers in India had a tendency of utilizing it in form of vegetables. It was a popular component of a locally made soup.
Tea consumption has recorded an impressive evolution over time. This is an indicator of its crucial importance as a world’s second consumed drink. In India, tea remains the leading drink. It is available almost everywhere and all the times. Indian tea is named according to the region it emanates from (Hicks, 2009, pg. 253).
Having been in the market for 172 years, Indian tea remains detrimental to the economy of the country. The industry is the backbone of the economy, employing millions of its citizens in diverse fields and bringing up an impressive foreign exchange count. The core tea growing regions in India are the highlands located in Eastern and Southern states. Its contribution to the Gross Domestic product is renowned. Its exports does account for 31% of the global tea production (Lutgendorf, 2012, pg. 14). The last 20 years have seen tea sector in India stabilize, gaining popularity in the world markets despite stiff competition from other countries. India remains both the largest consumer and producer of tea. 85% of its population consume tea. The country also account for at least 27% of the tea produced worldwide. Its exports account to 13% of ...Download file to see next pagesRead More
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