India reportedly weighs tighter foreign-investment rules for tobacco

A PTI report published by The Economic Times cites sources saying India's government is discussing a ban on foreign direct investment in tobacco-sector licensing for franchises, trademarks and brand names, as well as management contracts. The proposal is at an early stage. Such collaborations are currently permitted, although foreign investment in manufacturing cigarettes and some other tobacco products is banned. A similar proposal stalled in 2024 amid concerns from tobacco farmers' associations.