Diwali Shopping: The festival of Diwali is celebrated with great pomp in India. This festival brings happiness to the people as well as the businessmen. This Diwali, traders are expecting big profits. A report estimates that about Rs 3.5 lakh crore trade is expected in the country’s markets.
A review of a survey conducted by the Confederation of All India Traders (CAIT) through trader organizations in 30 cities of different states of the country has shown that this year the traders have made extensive efforts to meet the demands and preferences of the customers on a large scale. Have prepared.
3.5 lakh crore business expected in survey
This year, customers have openly made purchases on Raksha Bandhan, Ganesh Puja, Navratri, Durga Puja and Dussehra across the country, it seems that this time the business of the festive season can reach Rs 3.5 lakh crore. According to CAT National President BC Bhartia and National General Secretary Praveen Khandelwal, about 65 crore customers do business on the occasion of Diwali. If on an average we look at the purchase of Rs 5500 per person, it will exceed the business of Rs 3.5 lakh crore.
These things are expected to be sold the most
There are only 500 rupees or less of people shopping on this festival in the country. There is no dearth of people spending thousands and lakhs. Khandelwal said that especially gift items, sweets, namkeen, dry fruits, electronics, automobiles, clothes, jewellery, textiles, utensils, crockery, mobiles, furniture, furnishing, kitchen appliances, home decorative items, footwear, cosmetics, cosmetics. There is a possibility of higher sales of things like computer equipment, stationery, electrical goods, fruits, flowers and puja materials etc.
Business will also increase in service sector
Apart from this, in the service sector, business will also increase in hotels, restaurants, banquet halls, catering, event management, cab service, delivery sector, artists etc. Khandelwal further said that the demand for Chinese products has decreased rapidly due to the Vocal for Local started by the Prime Minister.
Customers do not want to buy Chinese products
He said that no Chinese goods will be sold in the markets during this year’s festive season. Traders across the country have not ordered any product to be sold during festivals and now customers do not want to buy Chinese products.
Read this also
Get more latest business news updates