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Philip Morris India urges crackdown on illicit Tobacco Trade
The Business Guardian
|June 11, 2026
On the occasion of World Anti Counterfeiting Day, Philip Morris India (PM India) reiterated its commitment to dismantle the illicit tobacco network through stronger enforcement and collaboration.
As per the Tobacco Institute of India (TII), in India, illicit cigarettes represent nearly one-fourth of the domestic market, with estimated losses of Rs. 23,000 crores per annum. Illicit tobacco trade is a growing global challenge, causing significant revenue loss through cro
Dit verhaal komt uit de June 11, 2026-editie van The Business Guardian.
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