Procurement constraints and spiralling tea prices post-pandemic has been a crisis that turned into an opportunity for packaged tea players. When prices of the commodity came to a boil following the lockdown, it hit the loose tea market and data suggests that consumers converted to packaged tea. Large players with a diverse portfolio were in a better position to absorb some of these external shocks to manage product pricing better.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3uLTHUE
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