McLeod Russel India Ltdis an Indian tea company. It is currently the world's largesttea growingcompany.[1]

McLeod Russel India Ltd
BSE:532654,NSE:MCLEODRUSSEQ
IndustryTea
Founded1869Edit this on Wikidata
Headquarters,
OwnerMr. Aditya Khaitan (Chairman & Managing Director)
Number of employees
90,000
Websitewww.mcleodrussel

It is part of theWilliamson Magor Group.It has Thirty One tea estates in theBrahmaputra ValleyofAssamand Two in theDooarsregion ofWest Bengal,three factories inVietnamand six estates inUganda. McLeod Russel produces more than 90 million kilograms of black tea every year.

History

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The tale of McLeod Russel began in 1869 when Captain J.H. Williamson and Richard Boycott Magor, two Calcutta-based Englishmen, formed a partnership firm,Williamson Magor & Company,to service the requirements of tea estates in Assam.Brij Mohan Khaitan,who had a long-standing relationship with the Company by virtue of being the principal supplier of Packaging Materials and Fertilizers, was invited to join the Board of Directors in 1963. Mr.B. M. Khaitaneventually became the Managing Director in 1964 and took the Company to new heights.

Over the next half century, the McLeod Russel group has grown and acquired a number of well-established and internationally recognised tea companies, including Williamson Tea Assam, Doom Dooma Tea Company, Moran Tea Company in India, Phu Ben Tea Company in Vietnam and Rwenzori Tea Investments.

It has another subsidiary in Uganda, Mcleod Russel Uganda Limited which cultivates, manufactures and markets tea. It was formerly known asJames Finlay(Uganda) Limited. The company was founded in 1994 and is based inKampala.

Shortly before the death of B.M. Khaitan in 2019,[2][3]his younger sonAditya Khaitan,has taken over as chairman of McLeod Russel.[4]

Operations

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The company's corporate office is situated at 4, Mangoe Lane, Surendra Mohan Ghosh Sarani, Kolkata. As the world's largest producer of bulk tea, McLeod Russel has two tea blending units - the Nilpur Blending Unit, in Assam and the Dubai Blending Unit, in Dubai.

Since 2018 McLeod has to deal with a liquidity crisis.[5]It is reported that in the company's Tea Estate in Assam "most of the working community lives inpenuryeven today ".[6]

See also

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References

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  1. ^"Mcleod Russel India Ltd".Business Standard India.
  2. ^"BM Khaitan passes away".telegraphindia.1 June 2019.Retrieved14 January2022.
  3. ^"Professional Tea Tasters".Retrieved17 December2022.
  4. ^Rakshit, Avishek (28 March 2019)."Aditya Khaitan takes over McLeod Russel as the new chairman".Business Standard India.Retrieved14 January2022.
  5. ^Law & Shobha Roy, Abishek (12 September 2021)."McLeod Russel's teacup of woes".thehindubusinessline.Retrieved14 January2022.
  6. ^Sandipan, Talukdar (12 January 2022)."Home to Large Tea Estates, Assam's Behali Still Lacks Sufficient Healthcare Facilities".NewsClick.Retrieved14 January2022.