10 Best Selling Cigarette Brands in India
Do you know what 10 Best Selling Cigarette Brands in India are? India’s tobacco market is estimated at around $ 11 billion and the country is set to become one of the largest tobacco markets in the coming decades. The country has grown into a huge market for cigarettes, accounting for over 12% of the world’s smoking population. However, an estimated one million Indians die from smoking, a centuries-old habit in India. Locals have been chewing tobacco and smoking hookah and bidis since ancient times, which has persisted into modern times, with around 48% of Indian men using tobacco and 16% smoking bidis.
But with increasing levels of disposable income, India is poised to witness a paradigm shift from low-end products to high-end filtered cigarettes. Smoking is considered fashionable among young Indians, who usually develop the habit at an early age, although the legal age is 18. However, only 10% of Indian adult men smoke cigarettes according to the Global Adult Tobacco Survey India 2010.
Although most of the top 10 best-selling cigarette brands in India are made up of top global players like ITC Ltd and Godfrey Philips, the majority of cigarettes consumed in India also come from illegal sources. The country is the fourth largest market for illegal cigarettes in the world, with legal cigarettes accounting for just 11% of the country’s total consumption. Large numbers of cigarettes are also smuggled into India.
Tobacco crops are vital to the Indian economy, as they contribute more than INR 300 billion ($ 4.64 billion) to annual tax revenue and also add to foreign currency, according to the Tobacco Institute of India (TII). India is also the world’s largest tobacco producer and exporter. Therefore, despite the harmful effects of smoking, the government cannot take very strict measures against tobacco production or the industry in general.
Check out our list of 11 best-selling cigarettes in the world to see how cigarette sales are doing globally.
Yet the Indian government has made it mandatory for businesses to post 85% pictorial warnings on cigarette packages and has completely banned smoking in public places. Excise duties and VAT (value added tax) on cigarettes have also increased significantly in recent years. The industry is continually facing increased regulatory and fiscal pressures that have resulted in a significant drop in the sale of retail cigarettes, with volume dropping 8% to 88.1 billion sticks in 2015.
In the following pages, we have compiled the 10 Best Selling Cigarette Brands in India. Since we could not find a relevant source listing the sales of the most popular brands of cigarettes in India, we have ranked the most popular cigarette companies in India based on their sales and have listed their most popular brands. popular. ITC Ltd and Godfrey Phillips India Ltd (GPI) are the main manufacturers, with the first accounting for 79% of retail volume and GPI 11%. Besides domestic manufacturers, the country also has many large international players such as Philip Morris, British American Tobacco and RJ Reynolds Tobacco Co, which sell cigarettes in India. However, the Indian government is considering tightening the rules for foreign investment in the tobacco sector.