Global Trade Alert
Global Trade Alert

India: Foreign direct investment in the manufacture of Cigarettes prohibited

Announcement

01 May 2010

In May 2010, the government of India announced changed rules for foreign investors.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 May 2010

Revocation date:

No revocation date

FDI: Entry and ownership rule In force

The Government of India has reviewed the extant policy and it has been decided to prohibit FDI in manufacturing of 'Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes' (...

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