Amazon, Infosys, 26 others respond to Tea Board’s EoI for technology use

Corporate bigwigs Amazon, Infosys and Yes Bank are among the 28 companies which have responded to an expression of interest (EoI), floated by Tea Board, for using blockchain and allied technologies to determine the traceability of tea, an official said.

Tea Board deputy chairman Arun Kr Ray said that this exercise is required for long-term sustainability of the industry as costs are rising and prices of tea have been flat at auctions.

“We are going to start an exercise for determining the traceability of tea, particularly of the orthodox variety, using blockchain technology”, Ray told PTI.

He said the use of technologies will also help to determine whether a variety of tea has been grown organically or not.

“Amazon, Infosys, Yes Bank and 25 others have responded to the expression of interest. The selected consultant will give advice on the costs for carrying out the exercise on a long-term basis”, he said.