India Bans E-Cigarettes

On Wednesday, India's cabinet banned production and import of electronic cigarettes.

It's a public health move that is seen dashing the expansion plans of companies such as Juul Labs and Philip Morris.

Finance Minister Nirmala Sitharaman told a media briefing that an executive order will be passed to ban the products.

But India has 106 million adult smokers, making it a lucrative market for firms such as Juul and Philip Morris.

India's health ministry had proposed to ban the devices in the public interest.

https://www.businessinsider.com/opening-bell-september-18-2019-9

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