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Long Term Strategy Boosts Tea Production For Finlays

Industry: Agriculture & Livestock, Agro
Company: Consolidated Tea and Lands Company
Company Intelligence Tag: Business Insights

After implementing a long-term strategy initiated in 2007, Consolidated Tea and Lands Company (Finlays Tea Company) achieved record tea production in 2022. Notably, the Rajghat Tea Garden yielded 27,33,808 kg of tea with a per-acre production of 469.99 kg, significantly surpassing other gardens. Effective planning in plantation, irrigation, and team management played a pivotal role in their success. However, challenges like adverse weather, low auction prices, and labor unrest persist. The industry’s growth potential is underscored by Bangladesh’s increasing population and economic improvement. Despite hurdles, tea garden owners continue to invest, propelling Bangladesh to become the world’s eighth-largest tea producer, with Moulvibazar and Habiganj being key contributors.

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