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Article Details ::
Article Name :
AN EMPIRICAL ANAL YSIS OF TEAPRODUCTION AND PRICE IN SOUTH INDIA
Author Name :
M. SARA V ANAKUMAR AND A.V .CHINNASAMY
Publisher :
Ashok Yakkaldevi
Article Series No. :
ROR-274
Article :
Author Profile
Abstract :
The ancient Chinese society first encountered the tea plants,the British intr oduced tea to India, in order to compete with the Chinese monopoly on tea. India is the world's lar gest tea drinking nation and the second lar gest producer of tea, Indian tea production during the year 201 1 was 988.3 M.Kgs compared to 966.4 M.Kgs in 2010, an incr ease of 21.9 M.Kgs. In 201 1, India contributes the share of 23.4 percent in the world tea production. Time Series Analysis is used to compute the tea production and price. The domestic tea production during 2010 was lower by 12.6 M.Kgs and was placed at 966.4 M.Kgs. The south India production was estimated at 243.4 M.Kgs and the price of the year was Rs. 76.69 per Kgs.
Keywords :
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