Top 10 Companies Leading the Indian Tea Market

The Indian tea market size is projected to grow at a CAGR of 4.5% in the forecast period of 2024-2032. By 2032, the tea market in India is expected to attain 1.82 million tons. As per the analysis by Expert Market Research, the market is expected to be driven by the rising demand for premium and speciality teas, increasing consciousness among consumers, and the growing popularity of tea cafes and lounges.

The tea market in India is being driven by growing knowledge of the health advantages of drinking tea, including its immune-boosting, weight-management, and antioxidant qualities. Well-liked teas include green tea, herbal teas, and others focused on well-being. Premium and speciality teas, such as organic teas, single-origin teas, and artisanal mixes, are becoming more and more popular among consumers.

India ranks among the top 5 global exporters of tea, accounting for 10% of all exports. India's total tea export revenue in 2021 was estimated to be USD 687.9 million. When it comes to overall exports, Indian tea from Assam, Darjeeling, and Nigiri is regarded as some of the best. Black tea accounts for approximately 96% of all tea exports from India.

In January 2024 Tata Consumer Products declared that it had finalized contracts to purchase all of Organic India's issued equity shares, amounting to 100% of the total. Tata Consumers' strategic aim to broaden its range of products in rapidly expanding, profitable categories was in line with this acquisition. With this step, Tata Consumer Products created a platform for health and wellness.

Top 10 Tea Companies in India

Tata Consumer Products Limited

Tata Consumer Products Limited operates through various divisions, including Tata Tea, Tata Salt, Eight O’Clock, Tetley, Himalayan Water, Mgt Global SA, and has new age brands like Tata Gluco Plus, Tata Sampann, Tata Soulfull, and Tata Water Plus. The above offerings can be attributed to the fact that the company has its operations guided by the following key Tata values responsibility as well as community welfare. Currently, their brands are operating in more than 40 countries.

Hindustan Unilever Limited

Hindustan Unilever Limited (HUL) is one of the biggest fast-moving consumer goods (FMCG) companies in India. It is a branch of the multinational British-Dutch company Unilever, which holds a 67% controlling position in HUL. HUL offers a wide range of products, including water purification solutions, personal care products, food and drinks, and home care items.

Wagh Bakri Tea Group 

The Wagh Group is an Indian conglomerate with a wide range of commercial operations in several industries. Since its founding the organization has grown, emerging as a major force in Indian commerce industry. The company aims to provide clients with an excellent dining experience by guaranteeing world-class services and upholding high standards of quality, purity, and consistency. The company offers a range of products and services, presumably including food items like tea and tandoori soya inexpensive.

Pataka Group of Companies

Mr Giasuddin Biswas established the diversified conglomerate Pataka Group to promote development and ease social suffering. Driven by the power and support of its associates, Pataka Group, a company with a presence in tobacco, tea, textiles, healthcare, and real estate, is still dedicated to its founding mission and philosophy. The company has had success over several decades, and it still has a beneficial influence on the lives of its stakeholders and the community at large.

Assam Company India Limited

Assam Company India Limited is a pioneering tea company that has played a crucial role in the history of tea production in India. Established in 1839, the company was the first to brand export Indian tea to the world. In 1845, ACIL was awarded the Royal Charter by Queen Victoria, the Queen of England, and Empress of India at the time.

Goodricke Group Limited.

West Bengal is home to the corporate headquarters of the tea-producing Goodricke Group Limited in India. It is a component of the second-largest private sector tea producer in the world, Camellia PLC UK. The company was registered with the Registrar of Companies in Kolkata on June 14, 1977, and is categorized as a public limited company. Over 30 tea gardens and 27 tea factories in Darjeeling, Dooars, Assam, and Cachar are owned by Goodricke Group Limited. The company is well-known in the tea sector and offers a wide variety of goods, such as Assam and Darjeeling teas in both Orthodox and CTC (Cut, Tear, and Curl) types.

R. Twining and Company Limited

With more than three centuries of experience, Twining is the originator of premium British tea and herbal infusions. They expertly combine utilizing the best teas and herbs available from globally sourced, ethical sources. Thomas Twining founded Twining back in 1706. The company sells fruit infusion tea, green tea, iced tea, herbal sensations, tea infusions, and grey tea.

Bombay Burmah Trading Corporation

Bombay Burmah Trading Corporation, Limited (BBTCL) has been around for 150 years. A well-known Indian business group with holdings in foods, electronics, plantations, healthcare, textiles, chemicals, light engineering, and real estate, the Wadia Group is the parent firm of the corporation. The combined yearly revenue of the BBTCL Group is 1.2 billion dollars. In addition to tea, coffee, and other plantation products, the company has expanded its activities to include weighing products, horticulture and landscaping services, auto electric and white goods parts, biscuit and dairy products, tea, coffee, and healthcare items (such as dental, orthopaedic, and optical products).

Ramesh Tea Traders

The concept of Maharani originated in Allahabad in 1959. Rewarded as one of the best Quality Black CTC Tea Brand, Maharani Chai if known for providing the best blend of Assam Dooars and Darjeeling Leaf Gardens in a single energy-filled Packet of Maharani Tea. The products include Maharani Tea Time, Maharani Royal, Maharani Premium, Maharani Gold, Maharani Xlent Tea, and Bansal Darjeeling Green Tea.

Rossell India Ltd.

Rossell India Limited was formerly Rossell Tea Limited. The company's interests are varied and include tea, aviation, and hospitality. Founded on June 10, 1994, Rossell Tea is a branch of Rossell India Ltd. They sell some of the best CTC and Orthodox teas to Germany, the United States, the United Kingdom, Japan, Iran, and the United Arab Emirates. Tea enthusiasts across are delighted by the superb flavor and unrivaled quality.