The pan masala market in India is expected to grow at a compound annual growth rate (CAGR) of 4.4% from 2024ā2032, reaching a revenue of 623,619 crore by 2032.
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The Telangana government banned the manufacture, storage, distribution, and sale of gutka and pan masala that include tobacco and nicotine statewide.
The prohibition will last one year, beginning May 24, 2024.
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