China would buy large quantity of tobacco from India: Rao

Posted By: Pti
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Guntur(AP), Oct 4: Tobacco Board chairman Kamalvardhan Rao on Oct 3 exuded confidence that China would buy a large quantity of the commodity from India.

Addressing mediapersons after his three-day extensive tour of China, Rao said he was happy that China was showing interest in Indian tobacco.

China, which produced 2,300 million kgs of tobacco, needs more of the commodity for internal consumption and Indian tobacco mixes well with their tobacco, he said.

"That is why China prefers Indian tobacco," he said adding, that a Chinese trade delegation would visit India in a couple of months.

Rao said though India exported 800 million kgs of tobacco valued at Rs 4,400 crore in 2010-2011, this year there may be slight decline in the exports.


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