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Tobacco farmers income 2024
January 5 , 2025
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- The country's tobacco exports are likely to register an over 8 per cent growth and cross Rs 13,000 crore this year.
- India is the second largest producer of tobacco in the world after China.
- It is also the fourth largest producer of Flue-Cured Virginia (FCV) tobacco in the world after China, Brazil and Zimbabwe.
- India is the second largest exporter of unmanufactured tobacco (quantity terms) after Brazil.
- During 2023-24, the outbound shipments were Rs 12,005.89 crore ($ 1.5 billion).
- Tobacco farmers income has also doubled over the last 5 years.
- Andhra Pradesh tobacco contains higher levels of nicotine than Karnataka's.
- The Tobacco Board was established on January 1, 1976, by an Act of Parliament for the overall development of the tobacco industry.
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