Enabling Heated Tobacco Product Manufacturing in India for Export: Fiscal and Strategic Opportunity

Abstract - Tobacco fields form the base of India’s tobacco value chain. Despite this, most value is added overseas when the crop is processed into finished products. Enabling domestic production of heated tobacco sticks for export-only could capture more value in-country, boosting farmer incomes and government revenues while keeping public health safeguards in place. Key Words: Heated Tobacco Products (HTPs), Export-only Manufacturing, Value Addition, Flue-Cured Virginia (FCV), Tobacco, Farmer Income Uplift, Foreign Direct Investment, (FDI) Reduced-Risk Tobacco, Alternatives, Regulatory Safeguards, Global Tobacco, Supply Chain, Public Health and Trade Balance