Wagh Bakri flags 10-15% West Asia sales hit as Hormuz tensions delay tea shipments 45 days
Gujarat Tea Processors and Packers warns regional exports will dip sharply this year, with 60,000 kg stranded at ports and shipments to Dubai and wider West Asia delayed 40-45 days. Hotel closures and weaker demand compound the squeeze on the 2.75 lakh kg annual export book.
Wagh Bakri warns West Asia tea exports will dip sharply this year as Strait of Hormuz tensions delay shipments 40-45 days, strand 60,000 kg at ports, and cut regional sales 10-15% amid hotel closures and weaker demand.
Why this matters
Wagh Bakri, owned by Gujarat Tea Processors and Packers, is among India's largest tea exporters. Hormuz disruption directly threatens its 2.75 lakh kg West Asia book, a key regional revenue stream.
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