Festive Season: This is the first year after covid when people across the country are very excited about the festival. The markets of the country started to see movement. According to the Confederation of All India Traders (CAIT), a major association of retailers and wholesalers, this year’s festive season is expected to generate more than Rs 3 lakh crore worth of business across the country. Last year, the business of around 2.5 lakh crore rupees was done in this season.
Traders have made preparations for the festival
Retailers hope for Rs 3 lakh crore business
Khandelwal said that business of around 3 lakh crore rupees is estimated in this festive season. Around 60 crore customers visit markets across the country for shopping. If one spends up to 5000 rupees per person on festivals, then the figures of 3 lakh crores can be easily obtained.
Now there is no fear of covid in the markets
Khandelwal said that now people have completely left behind the Kovid crisis. Many are keeping a positive outlook towards their life. He wants to believe in the festivity and prosperity of the festive season. General public on purchase of Household Goods, Electricals, Gifts, Garments, Jewellery, Artificial Jewellery, Utensils, Decorative Goods, Furniture & Fixtures, Utensils, Consumer Electronics, Automobiles, Mobiles, Laptops, Computers & Electrical Goods, Sweets & Salts Confectionery, Fruits etc. Many spend.