DTCC achieves 63pc growth

12/08/2009 - Dubai Lifestyle News
DTCC achieves 63pc growth

Written by Neil King

A company with commercial property in Dubai has achieved an increase in sales, it has been reported.

For the first half of the year, the Dubai Tea Trading Centre (DTCC) distributed 4.2 million kilos of its products, compared to 2.6 million kilos in the same period of 2008.

This, noted the Dubai Multi Commodities Centre, represents a 62 per cent growth.

Director of the DTTC Sanjay Sethi explained value added services – for example, packaging and blending in the company's new facility – have made the products more appealing.

"As we work closely with tea producers, merchant exporters and buyers to further grow the volume of trade through the region, we are committed to strengthening Dubai's position as a major hub for global tea trade," he said.

Teas from 13 producing countries – including India, Tanzania, Sri Lana, Nepal, China and Iran – are stocked by the company.

According to the DTTC, the Middle East and adjacent regions make up around 25 per cent of global tea imports.ADNFCR-2019-ID-19309676-ADNFCR