The Guwahati Tea Auction Centre (GTAC) is one of the busiest
tea
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 northe ...
trading facilities in the world. It is located in
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 ...
and its primary commodity under the hammer is
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 plan ...
.
It was established in 1970. It has seen the largest volume of
CTC tea
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 ex ...
in the world.
See also
*
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, ...
*
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
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