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What is the world's largest tea drinking nation?
In 2002, it was Turkey http://en.wikipedia.org/wiki/List_of_countries_by_tea_consumption_per_capita India is the world's largest tea-drinking nation although the per capita consumption of tea remains a modest 750 grams per person every year. PCH answer INDIA
What is the economic value of tea?
Aside from the fact that it is the most consumed beverage in the world it also provides economic stability for quite a few countries. It is a predominant staple for India. Without it India could not survive.
How is the economy in India?
The Economy of India is the eleventh largest in the world by nominal GDP and the fourth largest by purchasing power parity (PPP). The country's per capita GDP (PPP) is $3,290 (IMF, 127th) in 2010. Following strong economic reforms from the socialist inspired economy of a post-independence Indian nation, the country began to develop a fast-paced economic growth, as free market principles were initiated in 1990 for international competition and foreign investment. Economists predict that by 2020, India will be among the leading economies of the world. India's top five trade partners are UAE, China, USA, Saudi Arabia and Germany.India was under social democratic-based policies from 1947 to 1991. The economy was characterised by extensive regulation, protectionism, public ownership, pervasive corruption and slow growth. Since 1991, continuing economic liberalisation has moved the country toward a market-based economy.A revival of economic reforms and better economic policy in first decade of the 21st century accelerated India's economic growth rate. In recent years, Indian cities have continued to liberalise business regulations. By 2008, India had established itself as the world's second-fastest growing major economy. However, as a result of the financial crisis of 2007-2010, coupled with a poor monsoon, India's gross domestic product (GDP) growth rate significantly slowed to 6.7% in 2008-09, but subsequently recovered to 7.2% in 2009-10, while the fiscal deficit rose from 5.9% to a high 6.5% during the same period. The unemployment rate for 2009-2010, according to the state Labour Bureau, was 9.4 percent nationwide, rising to 10.1 percent in rural areas, where two-thirds of the 1.2 billion population live.India's large service industry accounts for 57.2% of the country's GDP while the industrial and agricultural sector contribute 28% and 14.6% respectively. Agriculture is the predominant occupation in India, accounting for about 52% of employment. The service sector makes up a further 34%, and industrial sector around 14%. The labour force totals half a billion workers. Major agricultural products include rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes, cattle, water buffalo, sheep, goats, poultry and fish. Major industries include telecommunications, textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, information technology-enabled services and pharmaceuticals. However, statistics from a 2009-10 government survey, which used a smaller sample size than earlier surveys, suggested that the share of agriculture in employment had dropped to 45.5%.Previously a closed economy, India's trade and business sector has grown fast. India currently accounts for 1.5% of world trade as of 2007 according to the WTO. According to the World Trade Statistics of the WTO in 2006, India's total merchandise trade (counting exports and imports) was valued at $294 billion in 2006 and India's services trade inclusive of export and import was $143 billion. Thus, India's global economic engagement in 2006 covering both merchandise and services trade was of the order of $437 billion, up by a record 72% from a level of $253 billion in 2004. India's total trade in goods and services has reached a share of 43% of GDP in 2005-06, up from 16% in 1990-91.
How does tourism contribute to the UK GDP?
Tourists spend money. Tourists come to see things such as the London Eye, Buckingham Palace, and the British Museum. They pay for hotels, meals at restaurants, entrance fees to attractions and they buy T-shirts, caps, bobble head Bobbies, Dr. Who merchandise, and tea cups.
How will a decrease in the price of tea affect the demand for sugar?
Low cost tea meant that the common people could begin to afford to drink tea. As most people drink their tea with milk and sugar, as more tea was drunk, so more sugar was needed.
Which industry employs maximum women in India?
Tea
oliveto?
tea
Disappearing of tea gardens in chota nagpur?
India's tea industry is dwindling as they import less expensive tea from Sri Lanka and Malaysia and decrease in their own tea production.
How did tea change history in india?
first china was the world's tea supplier, but then the British was suspicious of the Chinese being the only tea supplier, so they made a company in India. now india supplies most of the world's tea
Is mohani tea in top 10 producing tea companies?
Yes. Mohani Tea is one of the Top leaders in Tea Industry in India and has also won several awards and recognitions by Government and other organisations.
oliveto olive tea?
oliveto tea india
What does the tea industry produce?
Tea.
oliveto tea india?
olive tea
who is the best tea brand in india?
Sugandh Tea is known to be probably India's best quality and most liked tea. It is manufactured by Sugandh Tea Pvt. Ltd is an Indian non-alcoholic Best tea brand in India.
buy olive tea?
Oliveto tea
best tea in india?
oliveto olive tea
Where in India do you find the most fragrant tea?
The best tea in India is above the Himalaya mountain.
