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Guwahati Tea Auction Centre
The Guwahati Tea Auction Centre (GTAC) is one of the busiest tea trading facilities in the world. It is located in Guwahati and its primary commodity under the hammer is Assam tea. It was established in 1970. It has seen the largest volume of CTC tea auction in the world. See also * Indian tea culture * Tea processing Tea processing is the method in which the leaves from the tea plant '' Camellia sinensis'' are transformed into the dried leaves for brewing tea. The categories of tea are distinguished by the processing they undergo. In its most general form, t ... References External links Assam tea xchange Economy of Guwahati Tea industry in Assam Indian auction houses Tea auctions Dispur {{tea-stub ...
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Guwahati
Guwahati (, ; formerly rendered Gauhati, ) is the biggest city of the Indian state of Assam and also the largest metropolis in northeastern India. Dispur, the capital of Assam, is in the circuit city region located within Guwahati and is the seat of the Government of Assam. A major riverine port city along with hills, and one of the fastest growing cities in India, Guwahati is situated on the south bank of the Brahmaputra. It is called the ''Gateway to North East India''. The ancient cities of Pragjyotishpura and Durjaya (North Guwahati) were the capitals of the ancient state of Kamarupa. Many ancient Hindu temples like the Kamakhya Temple, Ugratara Devalaya, Ugratara Temple, Basistha Temple, Doul Govinda Temple, Umananda Temple, Navagraha temples#Navagraha Temple in Assam, Navagraha Temple, Sukreswar Temple, Rudreswar Temple, Manikarneswar Temple, Aswaklanta Temple, Dirgheshwari temple, Dirgheshwari Temple, Asvakranta Temple, Lankeshwar Temple, Bhubaneswari Temple, Shree Gane ...
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Assam Tea
Assam tea is a black tea named after the region of its production, Assam, India. It is manufactured specifically from the plant ''Camellia sinensis'' var. ''assamica'' (Masters). The Assam tea plant is indigenous to Assam—initial efforts to plant the Chinese varieties in Assam soil did not succeed. Assam tea is now mostly grown at or near sea level and is known for its body, briskness, malty flavour, and strong, bright colour. Assam teas, or blends containing Assam tea, are often sold as "breakfast" teas. For instance, Irish breakfast tea, a maltier and stronger breakfast tea, consists of small-sized Assam tea leaves. The state of Assam is the world's largest tea-growing region by production, lying on either side of the Brahmaputra River, and bordering Bhutan, Bangladesh, Myanmar and very close to China. This part of India experiences high rainfall; during the monsoon period, as much as 250 to 300 mm (10 to 12 in) of rain per day. The daytime temperature rises to about ...
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Auction
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with auction types and participants' behavior in auctions is called auction theory. The open ascending price auction is arguably the most common form of auction and has been used throughout history. Participants bid openly against one another, with each subsequent bid being higher than the previous bid. An auctioneer may announce prices, while bidders submit bids vocally or electronically. Auctions are applied for trade in diverse contexts. These contexts include antiques, paintings, rare collectibles, expensive wines, commodities, livestock, radio spectrum, used cars, real estate, online advertising, vacation packages, emission trading, a ...
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Indian Tea Culture
India is the second largest producer of tea in the world after China, including the famous Assam tea and Darjeeling tea. Tea is the 'State Drink' of Assam. Following this the former Planning Commission (renamed Niti Aayog) Deputy Chairman, Montek Singh Ahluwalia had plans to officially recognise tea as the Indian "National Drink" in 2013. According to the ASSOCHAM report released in December 2011, India is the world's largest consumer of tea, consuming nearly 30% of global output. India is also the second-largest exporter of tea, after China. The practice of Ayurveda has resulted in a long-standing tradition of herbal teas. Traditional Indian kitchens have long utilised the medicinal benefits offered by various plants and spices such as holy basil (Tulsi), cardamom (Elaichi), pepper (Kali Mirch), liquorice (Mulethi), mint (Pudina), etc., and traditionally, teas made with these plant leaves or spices have been in use for centuries for maladies ranging from the serious to ...
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Tea Processing
Tea processing is the method in which the leaves from the tea plant '' Camellia sinensis'' are transformed into the dried leaves for brewing tea. The categories of tea are distinguished by the processing they undergo. In its most general form, tea processing involves different manners and degrees of oxidation of the leaves, stopping the oxidation, forming the tea and drying it. The innate flavor of the dried tea leaves is determined by the type of cultivar of the tea bush, the quality of the plucked tea leaves, and the manner and quality of the production processing they undergo. After processing, a tea may be blended with other teas or mixed with flavourants to alter the flavor of the final tea. When producing black, pu'erh and oolong teas there is an additional purpose of processing: to encourage oxidization, which further develops flavour and aroma compounds. History The history of tea processing corresponds intimately with the role that tea played in Chinese society and t ...
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Economy Of Guwahati
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ...
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Tea Industry In Assam
Tea is an aromatic beverage prepared by pouring hot or boiling water over cured or fresh leaves of ''Camellia sinensis'', an evergreen shrub native to East Asia which probably originated in the borderlands of southwestern China and northern Myanmar. Tea is also rarely made from the leaves of ''Camellia taliensis''. After plain water, tea is the most widely consumed drink in the world. There are many different types of tea; some have a cooling, slightly bitter, and astringent flavour, while others have vastly different profiles that include sweet, nutty, floral, or grassy notes. Tea has a stimulating effect in humans primarily due to its caffeine content. An early credible record of tea drinking dates to the third century AD, in a medical text written by Chinese physician Hua Tuo. It was popularised as a recreational drink during the Chinese Tang dynasty, and tea drinking subsequently spread to other East Asian countries. Portuguese priests and merchants introduced it to E ...
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Indian Auction Houses
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ...
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Tea Auctions
Tea is an aromatic beverage prepared by pouring hot or boiling water over cured or fresh leaves of '' Camellia sinensis'', an evergreen shrub native to East Asia which probably originated in the borderlands of southwestern China and northern Myanmar. Tea is also rarely made from the leaves of ''Camellia taliensis''. After plain water, tea is the most widely consumed drink in the world. There are many different types of tea; some have a cooling, slightly bitter, and astringent flavour, while others have vastly different profiles that include sweet, nutty, floral, or grassy notes. Tea has a stimulating effect in humans primarily due to its caffeine content. An early credible record of tea drinking dates to the third century AD, in a medical text written by Chinese physician Hua Tuo. It was popularised as a recreational drink during the Chinese Tang dynasty, and tea drinking subsequently spread to other East Asian countries. Portuguese priests and merchants introduced it to ...
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