- Business
- Goodricke Group Limited (GOODRICKE.BO) is an India-based tea producer and marketer that cultivates, manufactures, and sells black tea, including orthodox, CTC, and green tea varieties; it operates through a portfolio of premium brands such as Goodricke, Glenburn, Joymala, and Khaass; and provides value-added tea products including tea bags, flavored teas, and instant tea. The company manages 21 tea estates primarily in the Dooars and Terai regions of West Bengal and Assam, spanning approximately 28,000 hectares of tea plantations, with processing facilities producing high-quality teas for domestic and export markets targeting consumers, retailers, and institutional buyers. Founded in 1977 and headquartered in Kolkata, India, Goodricke focuses on sustainable tea production, leveraging its integrated operations from cultivation to packaging and distribution across India, the United Kingdom, the United States, the Middle East, and select Asian markets. In recent developments, the company has emphasized operational enhancements amid challenging weather conditions, reporting improved yields in fiscal 2025 through better plucking standards and estate management; it completed a strategic realignment under the KLK Group, its majority shareholder, with no major acquisitions or name changes noted in the past two years; and continues to prioritize sustainability initiatives, including water conservation and biodiversity projects across its estates.