Article: Ethnic Tobacco signs MoU with Brazilian organisation.

Ethnic Tobacco signs MoU with Brazilian organisation

Hyderabad, Feb 8 (PTI) -- The Indian tobacco sector has an export revenue turnover target of USD 700 million during the current fiscal against last year's export of USD 503 million.

Indian Tobacco Board Chairman J Suresh Babu, on the sidelines of signing a memorandum of understanding (MoU) between Ethnic Tobacco India Ltd (Guntur) and KBH&C Portugal of Brazil today, said that till the end of December 2008 export revenue from tobacco had reached USD 540 million.

The competitive remunerative price was hiked ...

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