On 6th August, 1874 John Elliot Esq. promoted Joonktollee Tea Co. Ltd. to manage the affairs of a small Tea Estate in Upper Assam. That name is today synonymous with premium Black and Green Teas.
In 1920's the Elliot Clan handed over the management and control to the managing agency of Kettlewell Bullen & Co. Ltd. Subsequently, in the year 1954, the House of BANGURS acquired the managing agency and the Company and brought them under their fold. The name of the Company was changed to "JOONKTOLLEE TEA & INDUSTRIES LIMITED" (JTIL). Since then the Company has been under the management of the BANGURS. Over the years, the Company has grown in stature and size and is a leader in producing quality teas and enjoying one of the best Assam CTC Mark in Assam.