Officials from Assam (a state in India where Tea Growing is big business) wants to "copy" the ideas & innovations of the KTDA & smallholders in Kenya.
KTDA should be extremely circumspect since India - the world's largest tea producer - is aggressively pursuing Kenya's traditional export markets e.g. Pakistan.
Furthermore, the Indians have started buying out "Brand Names" e.g. Tata Tea - listed on the Bombay Stock Exchange - bought Tetley's in the UK... this gives them a leg up since there is more money in the value-added side of the business.
China & Vietnam are also gearing up Tea production. When Vietnam started producing Robusta coffee, they became a huge producer within a short time frame. China has become the #3 exporter of tea & could exceed Kenyan exports by 2010. It scares me to think Kenya will start importing Chinese tea in a few years!
Kenya needs add value to the "raw" tea by investing the Tea Industry. This is not easy but there has to be a concerted effort spearheaded by the government but ultimately run by the private sector.
KTDA factories are farmer/shareholder owned & if these "shares" were floated I feel financing costs would drop enabling factory upgrades & best practices.
Don't let the Indians (Vietnamese or Chinese) take away this hard-earned advantage!
- ► 2012 (29)
- ► 2011 (44)
- ► 2008 (170)
- ► 2007 (79)
- NSE Website woes continue...
- More despairing stories from Land of the Kleptos
- Discount Airlines - Not all is roses
- A. Baumann Price Spikes - Is it for real?
- Sasini announces a Bonus & Split
- Olympia Capital Expands Its Portfolio
- Co-authoring blogs
- Kibz gets undeserved raise!
- Land Grab in Progress
- Mumias - Prospectus?
- Kenya beats India in smallholder Tea Investments!
- ▼ December (11)