The Scottish Assam (India) Limited Unlisted Shares

The Company was incorporated in the year 1977 with a garden named 'Heeleakah Tea Estate' of about 950 Hectares. Heeleakah is also the brand name of the tea produced by the company and became a popular brand among the upper Assam teas. In the year 2012 Company started manufacturing teas from bought leaf marked as 'Dhopatbari', which is also doing well since then. The Company's shares are listed at Calcutta Stock Exchange. The Company is run by the management having rich experience in the tea industry. Quality is the main focus of the company and the management has a very strong philosophy to maintain the quality of teas which is very essential in building an everlasting relationship with the consumers. The Company also gets the support of a team of highly dedicated and experienced staff, who lend their expertise to the company to achieve its goals. FY19-20 Analysis a) Global Trends The global tea market reached a volume of 6.4 Million Tons in 2019. Currently, Asia-Pacific is the largest market for tea consumption, with robust economic growth in a number of developing countries such as China, India, and Russia, which has created a large middle class with a preference for premium tea blends and brands, often upgrading their purchases from unpackaged tea to packed and bagged specialty varieties. The global Tea market size is estimated to grow at a CAGR of 5% with Revenue USD 13.24 BN during the forecast period 2020-2025. b) Indian Tea Industry 1. India is one of the several major tea producing centers of the world with tea produced in the country being one of the finest in the world. 2. The tea market in India is being driven by the healthy production and consumption of the beverage. 3. In 2019, nearly 1.10 million tons of tea was consumed in the country. The market in the country is projected to witness further growth in the forecast period of 2020-2025. 4. The tea industry generates income and livelihood directly and indirectly, for more than 10 million people, o