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Mjunction to double tea auction volumes to 20 mn kg by FY26

Mjunction Services Ltd aims to more than double its tea auction volume to 20 million kg in FY26, up from 8 million kg in FY25. The company's B2B e-commerce platform has optimized the sales cycle, ensuring pricing transparency and quality for sellers and buyers. Despite these advancements, the market faces challenges from cheaper imported teas, which affect auction purchases.