Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
Versuchen GOLD - Frei
Firecracker Industry Showing Signs Of Revival
BUSINESS ECONOMICS
|Novembeb, 15-30, 2018
Historically, fireworks and pyrotechnic shows existed as a form of royal entertainment in India.
At present, the firecracker industry is booming in India and it experiences a significant spike during Diwali. The Indian firecracker industry is currently the second largest in the world and is only behind China. It is worth around 6000 crore and with an annual growth rate of about 10%, it is providing employment opportunities to over five lakh families, directly or indirectly. Apart from Diwali, the wedding season also witnesses a rise in demand for firecrackers and they are also being increasingly used in the entertainment industry.
The industry, in many places, is regional in nature. Nungi, situated in South 24 Parganas district, West Bengal is a regional hub of firecracker production. However, many associated with this industry also work in the shoe-making industry during the lean season.
Diese Geschichte stammt aus der Novembeb, 15-30, 2018-Ausgabe von BUSINESS ECONOMICS.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON BUSINESS ECONOMICS
BUSINESS ECONOMICS
Bela: The voice that empowered women, now immortalised on screen
There are voices that linger long after the sound fades— voices that shape lives, nurture dreams, and become part of a people's collective memory.
3 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
India at crossroads: new strategies needed to overcome the American rebuff
The inevitable happened. Against all hopes that Narendra Modi's bear hugs will improve India’ India's relations with the US President Donald Trump, comes the final axe of a 50% tariff on all Indian goods exported to the US.
2 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
Bharat and Vasudhaiva Kutumbakam
These days, we are constantly witnessing discourses on globalization, global changes and effects thereof upon individuals, societies and nations.
6 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
India needs more private investment to achieve 8% growth
The signs of economic deceleration have become evident, with trade disruptions, subdued consumer demand, and lacklustre private corporate investment now impacting industrial performance, and which is visible in corporate results/outcomes.
2 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
Why Music Education is essential for every child's growth
Take a few moments to read this — it may inspire a beautiful beginning for a child’s future.
3 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
Indian Economy's Growth and the Burden of Overregulation
The Indian economy continues to demonstrate impressive growth, but its complex and often archaic regulatory framework is taking a significant toll.
1 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
From vulnerability to strength: India's post-tariff economic blueprint
INTRODUCTION Escalating trade tensions between India and the United States, driven by a sharp rise in U.S. tariffs, are posing significant challenges to the Indian economy.
3 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
Indian Post: A New Role?
The history of the Post Office is deeply intertwined with human civilization.
2 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
Savings Account Slowdown: A Challenge for Banks
The Average Monthly Balance (AMB) is the minimum amount a customer must maintain in a savings account.
3 mins
September 01 - 30, 2025
BUSINESS ECONOMICS
Inflation falling: Good news, but economic challenges remain
India’s year-on-year (YoY) headline inflation rate, based on the All India CPI, stood at 1.55% in July 2025, according to a PIB press release on 12 August 2025. This marks the lowest YoY inflation rate since June 2017.
2 mins
September 01 - 30, 2025
Translate
Change font size