In our neighbourhood, while regulatory mechanisms may vary, there has been an unmistakable tilt towards regulation — China recently announced a regulatory direction for e-cigarettes, while Philippines few days ago passed the final reading of a law to promote them as a harm reduction measure to curb smoking, where lawmakers had also questioned the meddling by foreign groups in their tobacco control policies. Malaysia and Indonesia already have regulatory frameworks for e-cigarettes. Collectively, there are now estimated 19 million e-cigarette users in Asia, spread over 15 nations. Farther out, Australia recently announced regulations while New Zealand is actively promoting vaping as a less harmful alternative to its smokers. Lower-risk smoking alternatives are also legal in South Korea, Russia and Japan which witnessed a record 43 per cent decline in cigarette sales thereafter. Globally, 101 countries have decided against banning nicotine vaping products, whereas 30 currently have bans, down from 39 in 2018, as countries such as the UAE, Seychelles, Venezuela and others have overturned their prohibitions. With smoking set to disappear from many markets in the next decade or two owing to largescale switch to safer alternatives, India’s ban prevents similar public health gains even as tobacco-related cancers and economic costs continue to rise. The sole beneficiaries of this prohibition appear to be cigarette companies who have found protection from replacement products, which was reflected in the uptick in their share prices on the news of the ban.