(GTAC) on Friday celebrated golden jubilee anniversary of its
operations to market the commodity across the world.
The first auction at the GTAC was held on September 25
in 1970, an official said.
"Today, we mark a golden day in the history of the
Assam tea industry as the auction centre here completes 50
years of trading," Guwahati Tea Auction Buyers'' Association
Secretary Dinesh Bihani said.
The GTAC had sold 9.1 million kg of tea at an average
price of Rs 5.68 per kg in the first year of its operations,
while 204 million kg was auctioned during the 2019-20 fiscal
at a mean price of Rs 139.63 per kg, he said.
Though the auction centre started its journey in 1970,
efforts were on to establish such a unit in the city since the
"Despite all the constraints, a group of tea
planters in Assam were determined to set up an auction centre
here and worked hard to realise their dreams. Now the Guwahati
Tea Auction Centre has its own building and world-class
infrastructure," Bihani said.
After receiving huge demand from the local tea
planters to open an auction centre in Guwahati, the Assam
government decided to open such unit on August 11, 1970, and
appointed former chief secretary Dharmanda Das as the first
chairman of its committee, he said.
"On opening day, the first lot of the commodity
produced by Haroocharai tea estate was bought by Jafar Ali,
proprietor of Diamond Tea Company in Jorhat in upper Assam,"
Recalling its operations in earlier days, he said the
GTAC used to organise auction at a guest house of the Nehru
stadium here, but now it has two separate halls to facilitate
buying and selling of tea.
The GTAC became the first auction centre in the
country to sell tea globally and introduced a digital payment
settlement system, he said.
"Now we are the second-largest CTC auction centre in
the world," he added. PTI ESB