The Indian tea exports have surpassed the 200 million kg mark in 2006 after a gap of four years thanks to the production slump in Kenya.
Coffee estate owners in Wayanad are increasingly looking at homestays as alternative revenue stream given the fluctuating coffee prices and low productivity.
Faced with declining yield and mounting cost of production, the tea plantations in Kerala are demanding setting apart 20% of the estates for the promotion of eco-tourism and growth of other crops as it can lead to generation of additional revenue and employment in the estates.
As part of the efforts to raise the flow of credit to SME segment in Kerala , Federal Bank has signed an MoU with Small Industries Development Bank of India (Sidbi).
ICICI Bank has come out with a rupee-denominated card-based remittance product for receiving remittances.
Board is planning to ramp up coir products’ exports to new markets like Latin American and African countries to reduce the dependence on the US and European markets even as the exports registered around 11% rise for the nine month period ended December 31, 2006.
Diamonds are fast catching the fancy of Keralites if rising demand is any indication.
Saddam’s execution and the civil strife in Iraq have thrown a spanner in the works of the Indian tea industry.
Orthodox tea prices have spurted in the Kochi auctions following the onset of a severe winter and partly due to a strike in the Sri Lankan plantations.
The leading employee owned peripherals company WeP Peripherals, which is aiming for a turnover of Rs 400 crore in the current fiscal, has launched four new products to consolidate its position in the peripherals industry.
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