India’s tobacco exports soar

The value of tobacco exports from India grew by 26 per cent during the first half of this financial year (April-September), according to a story in a recent issue of the BBM Bommidala Group newsletter quoting the chairman of the Tobacco Board, G. Kamala Vardhana Rao.

Rao said that the outlook was bright and that overseas sales of tobacco leaf and products might touch or even exceed a record US4,924 million by the end of the financial year.

During the period April to September, 112,472 tons of leaf and 15,582 tons of tobacco products were sold abroad, which compares with 95,685 tons and 17,941 tons respectively during the equivalent period of the previous financial year.