Pakistan Tobacco Company
Coordinates: 32°58′36″N 73°41′13″E / 32.97667°N 73.68694°E
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| Traded as | KSE: PAKT |
|---|---|
| Industry | Tobacco |
| Headquarters |
Islamabad & Jhelum, Pakistan |
| Products | Cigarettes |
| Website | PTC.com.hk |
Pakistan Tobacco Company Limited was incorporated in 1947 immediately after independence, when it took over the business of the Imperial Tobacco Company of British India which had been operational in the South Asia since 1905.[1] Pakistan Tobacco Company is part of the British American Tobacco Group, one of the world's most international business groups, with brands sold in 180 markets around the world. It is located in Jhelum, Pakistan.
History
From being just a single factory operation to a company which is involved in every aspect of cigarette production, from tobacco cultivation to packaging we have evolved and grown with Pakistan. However, what is significant about these sixty-two years is the effort that PTC has demonstrated in the development of the country. By being instrumental in the campaign for modern agricultural and industrial practices, we have helped in the development and progress of the agricultural & industrial sector in the country.[2] PTC is the largest excise tax generator in the private sector in the country. In 2004 alone, PTC paid the government close to Rs.16 billion in excise and sales taxes. This amounts to over Rs. 50 million per working day. Over one million people are economically dependent on the industry in Pakistan.
See also
References
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