Business | Philip Morris jolted by India ban plan on tobacco investors
Marlboro cigarettes are among the brands Philip Morris promotes in India. Photo: Reuters/Brian Snyder
Marlboro cigarettes are among the brands Philip Morris promotes in India. Photo: Reuters/Brian Snyder

Philip Morris jolted by India ban plan on tobacco investors

American giant is fighting to keep toehold in India’s US$11 billion market, as the government considers further tightening of foreign investment rules

January 16, 2017 9:18 AM (UTC+8)