11 months ago

PMI to Remain Key Sourcing Base in India, Expanding Global Portfolio

PMI to Remain Key Sourcing Base in India, Expanding Global Portfolio
India Will Remain A Key Sourcing Base For Us’: PMI’s Ankur Modi · deccanchronicle.com

Imagine a big company called Philip Morris International (PMI) that makes products like cigarettes but is also trying to make less harmful products.

PMI gets a type of tobacco leaf called Burley from India.

They are working with farmers in India, helping them to grow tobacco in a good way, which means taking care of the soil and water.

PMI wants to keep buying tobacco from India for a long time.

They have smoke-free products that heat tobacco instead of burning it, but these are not sold in India because of local rules.

PMI hopes that India might allow them to sell these products someday to give adult smokers better choices.

Key facts

Company
Philip Morris International (PMI)
Focus
Sourcing and sustainability of tobacco leaf
Leaf Type
Burley tobacco
Key Regions in India
Andhra Pradesh and Karnataka
Product
Smoke-free products (e.g., IQOS)
Global Revenue from Smoke-Free Products
Over 40% of net revenues
India's Regulatory Status
Complete ban on electronic nicotine delivery systems

Quotes

Ankur Modi

Cluster head – South Asia and Indochina at Philip Morris International (PMI)

“If the policy environment changes, we would explore broader roles, but our immediate focus remains strengthening India’s position as a reliable and sustainable leaf-sourcing country.”
deccanchronicle.com
“India’s combination of agricultural strength, skilled farmers, and processing capability makes it integral to our global supply network.”
deccanchronicle.com

Sources

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