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Best Tobacco Stocks In India

Published on August 6, 2024
Published by aditya
Viewed by 13 people
#430287
Books & Magazines
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Description of item

India is the 2nd largest producer of tobacco in the world and as an industry it provides employment to around 4.57 crore people in the country. Cigarettes are the dominant force in the tobacco industry among other products constituting around 90% of the total sales in India. According to a 2019-21 National Family Health Survey, it was found out that around 39.1% men and 4.1% women consumed tobacco.  

Despite the challenges faced, the tobacco industry in India has shown considerable growth over the years and is expected to grow even further at an estimated CAGR of 11.94 by 2028. India exported tobacco worth USD 125.24 million which was a 72% increase from September 2021. 

Know in detail about best tabacco stocks in India

Location

Country
India
Region
Haryana
City
Gurgaon
Address
Plot No 190, Phase IV, Udyog Vihar, Sector 18, Gurugram, Haryana 122015

Other information

Contact Number: 07838756756
Contact Email: 002aditya.gupta@gmail.com
Website: https://www.stockdaddy.in/blog/best-tobacco-stocks-in-india

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