According to The Hindu, India exported tobacco and tobacco products worth $846 million (approximately 5.7 billion yuan) between 2021 and 2022.
According to A. Sridhar Babu, the Executive Director of the Tobacco Board of India, tobacco exports have increased by 1.35% in terms of quantity, 5.91% in terms of rupee value, and 5.34% in terms of US dollar value.
Virginia Flue-Cured (FCV) tobacco accounts for the majority of unprocessed tobacco exports, representing 53.62% in quantity and 68.47% in value.
India is the fourth largest producer of FCV tobacco in the world and the third largest exporter, with its tobacco leaves sold to over 50 countries.
According to Babu, the crops in the southern region of Andhra Pradesh were severely affected by Hurricane Mandous in December 2022, forcing some farmers to replant tobacco.
In response, the Ministry of Commerce is providing interest-free loans to tobacco growers participating in the Welfare Fund Program established by the Tobacco Committee.
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