Could India Spoil Juul’s Expansion Plans?

India is proposing an all-out ban on e-cigarettes—complete with fines and jail terms for offenders, according to a draft executive order seen by Reuters.
 
Repeat offenders could face $7,000 penalties and up to 3 years behind bars. 16 Indian states have already barred the devices.
 
Designed to protect the country against an epidemic of youth vaping, the move could put a wrench in the Juul Labs and Philip Morris International’s expansion plans in India, home to 106 million adult smokers. Only China has more.
 
Amid growing scrutiny in the US—and a ban in its home city of San Francisco—Juul Labs has secured $325 million in fresh funding to expand its global reach in countries like South Korea and the Philippines, according to another Reuters report.


 

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