Davidoff Around the World: India
By Mariana HerediaGodfrey Phillips India Limited, India’s second-largest tobacco manufacturer, has partnered with the Oettinger Davidoff Corporation to bring the renowned tobacco label Davidoff to the country. Godfrey will have the exclusive distributorship for the complete Davidoff tobacco line in the country due to the partnership.
Davidoff in India
In a country where 2 million cigarettes are used every year, Godfrey is now the sole nicotine business selling cigarettes in India. Godfrey will acquire completed packages of Davidoff cigarettes under the licensing agreement, which are reliable, including Senoritas, Panatelas, Petite Tequilas, Cokes, Grande Tequilas, Dual Coronas, and Giants Double Unique blend. Cigars from the Davidoff brand portfolio in price from Rs600 to Rs1400.
“We currently dominate the Rs10 crore domestic industry with 65 percent of market share.” The agreement with Davidoff expands the product offerings and strengthens the company’s identity in the region’s cigarette market, “Godfrey Philips’ President (Global), A.R. Anand, stated. “The Davidoff brand names will be accessible in Indian five-star resorts, elevated bars, eateries, lounge areas, and other chosen news sources such as retail outlets and Godfrey’s cigarette lounges, thanks to the terms of delivering agreement.”
“Because these companies are made accessible in the official youtube channel in the national new market, this would also assist the Indian customer in receiving the correct quality items at the appropriate pricing.”
In India, cigarettes are currently subject to a 61.6% import charge and a 12.5% duty tax. “Due to rising expendable cash and the rising awareness of Indians, the home economy is expanding at a pace above 30%,” Joshi remarked.
Davidoff is the world’s best-selling cigar company, with a domestic and affiliate distribution network in 123 countries. “We regard India as a fantastic opportunity for us.” With the growing market of 30%, we are optimistic about taking a significant part of the government’s cigar industry,” says Reto Cina, president, and Chief executive officer of the Davidoff Company.
The Indian cigarette market is entirely dominated by machine-rolled goods, both domestic and international. Davidoff labels are generally hand-rolled luxury items.
Explore blends like Davidoff Escurio, Davidoff Grand Cru, Davidoff Limited Edition, Davidoff Millennium, and Davidoff Aniversario online at Cigar Country!
Apart from the store mentioned above and lounge opening in India as the leading brand, Davidoff cigars are usually available online and in most retail stores to benefit customers in India.
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