Cigarette volumes declined by 2.37% in FY00, over FY99. In FY99 it had also
fallen by about 2%.
Indian tobacco products market is completely different from worldwide market
of tobacco. All over the world cigarettes account for nearly 85% of the total
tobacco consumption in India, these account for a mere 15-20%.
Cigarette industry in India is the highest contributor to the exchequer
in terms of excise collection.