Indian Cigarette Maker ITC Slumps After India Raises Tobacco Tax

Jeffrey L. Klump January 1, 2026 1 minute read

Shares of ITC Ltd., a top cigarette maker in India, plunged the most in nearly six years after India announced higher taxation on tobacco products.

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Jeffrey L. Klump

I am 62 years old and widowed with 2 children. I live in Creve Coeur, MO. USA which is a suburb of Saint Louis. I am a Digital Marketer, Blogger, Writer, SEO Expert, and Work from Home Business Opportunity Specialist. I am the owner & administrator of the MEK Enterprises Blog. Please contact me if you have any questions. Thank you.

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