We’re starting a cigarette manufacturing business in Maldives, where a pack of cigarettes cost $7 whereas 8,000 master cases of cigarettes are imported and sold on a monthly basis, while the average person’s income is $450.
The plan is simple and straightforward;
Nobody in their right mind wants to spend $210 out of the $450 of their income on cigarettes.
And importers can’t drop their prices due to the horrendous taxes and customs fees.