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Q.

Is the cigarette market in India going down? What is the reason?

Asked by Good Citizen, 24 Jan '10 02:54 pm
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Answers (4)

1.

Manufacturing of the same is on the downside as the government has imposed curbs on foreign investment and control of the tobacco industry. However even then tobacco intake has risen.

------ Tune into http://smileinseconds.blogspot.com/ ---------
Answered by Saj Sierra, 24 Jan '10 03:27 pm

 
  
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2.

I dont know what gave you this impression because the figures dont tally with the perception that, lesser people are sending up less of money up in smoke. Surprisingly, smokers in India stand at all time high of 120 millions. Even in the U.S where it is purported to be declining, it has been found to be illusory as many have switched over to other modes like cigars or roll on ones.

In India, the figures for sales revenue by the four major companies doesn't indicate any slowdown in sales. It is showing a cumulative growth rate of around 20% over the past one year. ITC, Godrej Phillips India, Golden Tobacco and RDB have shown robust growth of 20%, 17%, 7% and 36% this year.

ITC alone has already notched up 90% of its FY 2008-09 sales of Rs. 7557 crores in cigarette sales in the 3 quarters upto Dec 09 and is likely to come close or touch the 10000 crore mark this year. These figures don't count the other forms of tobacco use in the form of beedis, paan etc in the vast rural areas o ...more
Answered by Omega, 24 Jan '10 06:12 pm

 
  
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3.

Going up sir, See the turn over of ITC.
Answered by vinodhini, 24 Jan '10 02:55 pm

 
  
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4.

The awareness on the harms.
Answered by Devaiah Palekanda, 24 Jan '10 03:23 pm

 
  
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