Topic
tea board
Commodities Tea Board Defers Web-Based Auction Rollout Again; Kolkata Launch Pushed to Sale 31
The Tea Board has once again deferred the rollout of its web-based auction platform at Kolkata, originally scheduled for July 14, to Sale 31 (July 21-22). The decision follows feedback from the core committee after mock sessions revealed the platform, developed by Tradeforge Technologies, is not yet ready for live implementation. Rollouts at Coonoor and other centres have also been postponed.
Commodities Tea Board defers rollout of new web-based tea auction platform after stakeholder concerns
The Tea Board has deferred the rollout of its new web-based tea auction platform, originally set for June 30 in Kolkata and July 2 in Coonoor, to mid-July after representations from stakeholders across all auction centres. The Tradeforge platform will replace the existing NSEIT system, aiming for improved transparency and efficiency, with a transition period allowing both systems to operate simultaneously.
E-Commerce & Marketplaces Tea Board to Launch Web-Based Auction Platform on June 30, Migrating from NSEIT System
The Tea Board will launch a new web-based tea auction platform on June 30, developed by Tradeforge Technologies under a Build-Own-Operate model. The platform will first go live in Kolkata for Sale No. 27, with a phased rollout to other auction centres. Existing auction processes remain unchanged, but the new system promises improved security and cost-effectiveness.