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Smuggling Smokes: The Booming Black Market

Dia Rekhi July 15, 2022

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 Even as taxes take a toll on homegrown tobacco firms, the Illegal cigarettes trade remains smoking hot. With illicit trades now accounting for 40% of the total cigarette market, India is ranked in the top 5 countries facing this problem. Host Dia Rekhi explores what’s firing up this illegal trade, this with Anil Rajput, Senior Vice President of Corporate Affairs at ITC and P C Jha , Former Chairman, Central Board of Indirect Taxes.

Credits : Producer: Surbhi Modi from The Economic Times and Soundarya Jayachandran from Aawaz. Sound editor: Rajas Naik from The Economic Times and Swati Joshi from Aawaz. Executive Producers: Arijit Barman and Anupriya Bahadur from The Economic Times.