Following the idea of London Auction, other countries like British India also established its first auction centre in Kolkata on 27th December,1861. It has the honour of being the second tea auction centre in the world. Earlier auction in Kolkata was conducted by Calcutta Tea Brokers Association but from 1947 Calcuta Tea Traders Association had taken the charge. Among the 14 auction centres of the world nine are situated in India. These are Amritsar, Calcutta, Cochin, Coimbatore, Coonoor (two centres), Guwahati, Jalpaiguri and Siliguri.
Table: The Auction Centers in India
Sl No | Auction Centre | Auction Organizer | Year of starting | Auction held on |
1 | Kolkata | Kolkata Tea Traders Association | 1861 | Monday & Tuesday |
2 | Guwahati | Guwahati Tea Auction Committee | 1970 | Tuesday & Wednesday |
3 | Siliguri | Siliguri Tea Auction Committee | 1976 | Thursday & Friday |
4 | Jalpaiguri | North Bengal Tea Auction Committee | 2005 | Initially weekly, presently fortnightly |
5 | Amritsar | Kangra Tea Planters Society | 1964 | Fortnightly |
6 | Cochin | Tea Trade Association of Cochin | 1947 | Tuesday & Wednesday |
7 | Coonoor | Coonoor Tea Trade Association | 1963 | Thursday & Friday |
8 | Coonoor | Tea Serve | 2003 | Wednesdays |
9 | Coimbatore | Tea Trade Association of Coimbatore | 1980 | Fridays |