ITC shuts all cigarette plants, Very good :-)

India
December 3, 2010 11:19am CST
Hi Friends, This is a real good news, India's largest cigarette firm ITC, maker of India Kings, Gold Flake and Navy Cut, has stopped production at all its manufacturing units in view of uncertainty over pictorial warnings to be carried on tobacco products starting this month. The company said there was no clarity on types of warnings to be carried on the packages. ITC has stopped production at all five units located across India since yesterday. Whatever the reason is but this will be good for no-smoker, may be because of this some smokers will quit smoking. Hope I will read news about people quiting smoking. What do you think?
2 responses
@bnd8884 (98)
• India
6 Dec 10
I dont know about thing, when they have taken this decision, it will affect their marketcap in nse.
• India
6 Dec 10
They have taken this decision because of some rules and regulations by govt. Thank you for sharing.
@faisale83 (198)
• India
4 Dec 10
Ya this very good news for me. I try to quit smoke for long but i can't . Lack availability will help to quit smoke . Hope ...........
• India
6 Dec 10
I hope lack of availibility will be there, I doubt as there are other producer as well. Thank You for sharing.