India's tobacco exports surged 166% in value over past decade to Rs 17,192.04 crore, says Govt
New Delhi, July 28 -- Over the last ten years, the exports of tobacco and tobacco products have increased about 53.10 per cent in quantity and about 166.51 per cent in value terms, the government informed Parliament.
The Ministry of Commerce and Industry in a written reply submitted by Union Minister Piyush Goyal in Lok Sabha, highlighted that shipments rose from 240.93 million kg valued at Rs 6,450.66 crore (USD 958.68 million) to 368.85 million kg valued at Rs 17,192.04 crore (USD 1,948.98 million). The figures establish India as the second largest producer of tobacco in the world after China.
To support the primary sector, the government undertook multiple interventions designed to safeguard the interests of Flue-Cured Virginia (FCV)...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.