Goodricke Group Ltd on Thursday said that it is looking to buy more tea gardens in Assam. We are planning to expand our footprint in Assam, looking for more gardens as we currently have only two gardens there. We are hopeful that by next year more gardens will be on sale and we will find gardens at right prices and right locations. Initially, the company targeted production capacity of two million, but then again it depends on the right garden.

On the Darjeeling unrest and continued suffering of the industry, it was the first time in history, that it has happened during the pre-second flush and the post-second flush crop which is totally washed off.

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