India puts excise duty on tobacco products, including cigarettes, from February 1
ITC might need to hike cigarette prices by “at least 15%” to pass on the overall impact to consumers, if not higher. ITC gets over 40% revenue from cigarettes.
ITC might need to hike cigarette prices by “at least 15%” to pass on the overall impact to consumers, if not higher. ITC gets over 40% revenue from cigarettes.
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