Tobacco Stocks

The tobacco sector is a major contributor to employment generation, revenue generation and foreign exchange. India is the second-largest producer of tobacco in the world, after China. There are about 270 million adults using tobacco products in India. The stocks in this sector offer immense growth potential as India enjoys a competitive advantage compared to other markets due to factors such as low production costs and diverse product offerings. Tobacco companies provide a range of products such as cigarettes, cigars, oral pouches, and nicotine alternatives like e-cigarettes. Rising demand for next-generation products like vapes and oral pouches are expected to further fuel the sector's growth.