Dibrugarh, Aug. 14 -- Assam Chai Bazaar, a new public tea auction platform aimed at facilitating tea producers and reducing transaction costs, officially launched its website on Thursday at a function held at the Gymkhana Club in Dibrugarh.

The official website, www.assamchaibazaar.com, was launched in the presence of Prashanta Borah, FAO, Tea Board of India.

Assam accounts for around 65 per cent of India's total tea production, making the state's tea industry a vital contributor to the country's tea sector. Tea producers have long been seeking a public auction platform that can reduce transaction costs and minimise the time involved in the sale and payment process.

To address these concerns, the Tea Board of India has granted a licenc...