Sunday, April 24, 2011

India Tobacco Board to revive exports, targets 20% growth


(thehindubusinessline.com) With exports declining in 2010-11, the Tobacco Board has held a meeting with top exporters of tobacco products to revive and increase exports by 20 per cent as projected by the Union Ministry of Commerce.
Keeping in view the sensitivities involved, the Board discussed strategies to increase productivity from the existing area of production, while reviving and finding new markets abroad that give higher yields.
“We are not going to issue any new licences. We would like to increase productivity from the existing acreage,” Mr G. Kamalavardhana Rao, Chairman of Tobacco Board, told Business Line. Continued

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