India: Cigarette Market

October 2026: India Evaluates Complete Ban on Foreign Tobacco Licensing and Brand Contracts The Indian government is reviewing a proposal to significantly tighten foreign direct investment (FDI) regulations across the tobacco sector by targeting foreign brand licensing, franchising, and technology collaborations. Under India's current consolidated foreign direct investment policy, direct...

Global Vape Market

October 2026: China Deepens Tax Overhaul, Eliminating VAT Rebates for E-Cigarette Exports In a progressive tightening of fiscal policies governing key manufacturing sectors, Chinese regulatory authorities have moved to completely eliminate value-added tax (VAT) export rebates for e-cigarettes, nicotine products, and associated non-combustible inhalation devices. Following initial policy trims, Announcements...

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