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ITC resumes production of cigarette at its factory

09 May 2016 Evaluate

ITC is gradually resuming production at its cigarette factories, which was suspended from May 4 over the large pictorial warning issue. The company had shut down its production on May 05, till the time it is able to comply with interim requirements of 85% pictorial warnings.

The Supreme Court had directed tobacco companies to implement the rule mandating larger pictorial warnings and refused the manufacturers’ plea to stay the implementation of new cigarette packaging rules introduced from April 1.

ITC has business a interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.



Peers
Company Name CMP
ITC 258.00
Godfrey Phillips Ind 1915.00
VST Industries 203.25
Indian Wood Products 35.35
NTC Industries 135.00
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