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Why are Asia’s affluent obsessed with Cuban cigars?
Cuban cigars are in high demand among Asia’s wealthy elite with tobacco firm Habanos SA reporting record sales of $827 million in 2024. China leads the surge and India’s luxury cigar market is also rapidly expanding. Despite challenges like hurricanes and tobacco regulations, the country’s cigar industry remains a crucial economic lifeline
Visitors photograph cigars on display during the XXV Cigar Festival at Convention Palace in Havana, Cuba, Tuesday, February 24, 2025. File Image/AP
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