McLeod Russel: Difference between revisions

{{Use Indian English|date=May 2018}}
{{Infobox company

| location_city = [[Kolkata]] , [[West Bengal]]

'''McLeod Russel India Ltd''' is an Indian tea company. company. It is currently the world's largest [[tea growing]] company.<ref>{{Cite news|url=https://www.business-standard.com/company/mcleod-russel-24988/information/company-history|title = Mcleod Russel India Ltd|newspaper = Business Standard India}}</ref>

It is part of the [[Williamson Magor Group]]. It has Thirty One tea estates in the [[Brahmaputra Valley]] of [[Assam]] and Two in the [[Dooars]] region of [[West Bengal]], three factories in [[Vietnam]] and six estates in [[Uganda]].

McLeod Russel produces more than 90 million kilograms of quality black tea every year which reaches millions of tea lovers worldwide.

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. Khaitan]] eventually became the Managing Director in 1964 and took the Company to new heights.

It has another subsidiary in Uganda, Mcleod Russel Uganda Limited which cultivates, manufactures and markets tea. It was formerly known as [[James Finlay & Co|James Finlay]] (Uganda) Limited. The company was founded in 1994 and is based in [[Kampala]].

Shortly before the death of B.M. Khaitan in 2019,<ref>{{Cite web|date=1st1 June 2019|title=BM Khaitan passes away|url=https://www.telegraphindia.com/business/bm-khaitan-passes-away/cid/1691656|url-status=live|access-date=2022-01-14|website=www.telegraphindia.com}}</ref><ref>{{cite news |title=Professional Tea Tasters |url=https://professionalteataster.com/importance-of-tea-tasters-in-the-tea-industry/ |access-date=17 December 2022}}</ref> his younger son [[Aditya Khaitan]], has taken over as chairman of McLeod Russel.<ref>{{Cite webnews|last=Rakshit|first=Avishek|date=28 March 2019|title=Aditya Khaitan takes over McLeod Russel as the new chairman|url=https://www.business-standard.com/article/companies/aditya-khaitan-takes-over-mcleod-russel-as-the-new-chairman-119032800130_1.html|url-status=live|access-date=2022-01-14|websitenewspaper=Business Standard India|language=en}}</ref>

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 state-of-the-art tea blending units - the Nilpur Blending Unit, in Assam and the Dubai Blending Unit, in Dubai. Both these blending units are extremely well-equipped with leading-edge technology, high-end machinery and an experienced staff.<ref>{{Cite web|title=Mcleod Russel:: 13|website=www.mcleodrussel.com}}</ref>

Since 2018 McLeod has to deal with a liquidity crisis.<ref>{{Cite web|last=Law & Shobha Roy|first=Abishek|date=2021-09-12|title=McLeod Russel’sRussel's teacup of woes|url=https://www.thehindubusinessline.com/specials/corporate-file/mcleod-russels-teacup-of-woes/article36417040.ece|url-status=live|access-date=2022-01-14|website=www.thehindubusinessline.com|language=en}}</ref> It is reported that in the company's Tea Estate in Assam "most of the working community lives in [[penury]] even today".<ref>{{Cite web|last=Sandipan|first=Talukdar|date=2022-01-12|title=Home to Large Tea Estates, Assam’sAssam's Behali Still Lacks Sufficient Healthcare Facilities|url=https://www.newsclick.in/home-large-tea-estates-assams-behali-still-lacks-sufficient-healthcare-facilities|url-status=live|access-date=2022-01-14|website=NewsClick|language=en}}</ref>

* [[History of tea in India]]