Guwahati Tea Auction Centre (GTAC) has become a global tea industry hub, renowned for both its bustling tea trading activities and record-setting auction prices.
As per reports, Guwahati Tea Auction Centre (GTAC) has achieved a staggering Rs 2,300 crore in Assam tea sales during the financial year 2023-24.
GTAC reportedly sold 114.29 M. kgs at an average price of Rs 198.51, slightly lower than the previous year’s average of Rs 201.14. GTAC has also surpassed the previous record, with an average price of Rs 191.26 per kg, indicating a growing global demand for Assam tea. Approximately 165 million kg of tea was sold during the 2022-23 fiscal year.
