Top Tobacco Companies In India You Need To Know About
- ITC is the largest tobacco company in India that holds 77% market share in tobacco market and generates 40% revenue from it
- Other top tobacco companies in India are Godfrey Phillips India, VST industries, NTC industries, Kothari products etc
We all know that smoking is injurious to health as it causes cancer. There’s heavy taxation on tobacco products in India but still India is one of the largest countries with smokers. Estimates suggest that there are 120 million smokers in India while total tobacco users stand at 267 million. Here we’ll talk about the top tobacco companies in India that cash out the most from these tobacco users.
Before we move to companies you should know that Kolkata is the city with highest number of smokers. Around 56% population of this city smokes. In recent report Chhattisgarh is the state with highest number of tobacco users, Karnataka too is not far behind. On 22 October 2002 smoking in public places was banned in India.
ITC Limited
Earlier ITC stands for India Tobacco Company (1970 – 1974) but to move away from tobacco business its name was eventually changed to ITC Limited (1974 – present). It is the largest tobacco company in India that holds 77% market share in tobacco market. ITC is the world’s 8th largest cigarette company as well.
Every quarter ITC generates more than ₹7,000 crore revenue for cigarette business only which is 40% of the company’s revenue. ITC manufactures cigarettes in 5 cities – Pune, Bengaluru, Munger, Saharanpur and Kolkata.
ITC has strong portfolio of multiple cigarette and cigar brands which includes – Insignia, India Kings, Classic, Gold Flake, American Club, Wills Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke & Royal.
Godfrey Phillips India Limited
The 2nd company here is Godfrey Phillips India Limited. The company has a turnover of ₹2000+ crores and it was originally established in London in 1844. This company is owned by Modi Enterprises based in New Delhi.
Populary known as GPI (Godfrey Phillips India), the company has partnership with American multinational Philip Morris International for selling Marlboro cigarettes in India. Apart from this GPI has Cavanders, Four Square, Red & White, Stellar, North Pole and Tipper cigarette brands in its portfolio. Pan Vilas is owned by them.
VST Industries Limited
One of the top tobacco companies in India is VAT Industries Limited based in Hyderabad. It was founded in 1930 as Vazir Sultan Tobacco Company Limited. This company is an associate undertaking of British American Tobacco Group. In 1983 it became fully independent and registered as VST Industries through British American Tobacco subsidiaries.
VST Industries generates close to ₹2000 crore revenue every year. The Company sells Charminar Specials, Shah-I- Deccan, Charms Virginia Filter Kings, Vazir, Qila and Ambassador cigarette brands. Particularly in Telangana company’s products are immensely popular. VST Industries also sells its products in international markets.
Kothari Products Ltd
Pan Parag is one of the most popular Pan Masala brand in India. It was launched in 1973 and is the flagship product of Kothari Group Ltd. Late Shri Mansukhbhai Kothari pioneered Pan Parag and today it is a household name. In 2022 the company’s revenue stood at ₹3396 crore.
Golden Tobacco Ltd
Taken over by the Dalmia Group in 1979 the Golden Tobacco Limited was started in 1930 by Shri. Narsee Monjee. It sells Panama, Chancellor, Golden’s Gold Flake and Taj Chhap cigarettes in India. Apart from this the company is one of the largest exporters of cigars & cigarettes from India. Company’s revenue in 2021 stood at ₹41 crore.
NTC Industries Limited
In list of top tobacco companies in India the last company is NTC Industries limited. Headquartered in Kolkata the company was founded in 1931 and it is one of the oldest cigarette manufacturers in India. In Brussels, Rotterdam, Amsterdam, Paris and Luxemburg NTC Industries sells its products.
NTC Industries cigarette brands includes Regent, Regent Special, Maypole, Prestige, Macpole and Jaipur. The company’s annual revenue stood at ₹31 crore in 2022 while profits were at ₹9 crore.
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