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Diwali trade soars to Rs 3.75 lakh crore, China's mkt share lose Rs 1 trillion
The Business Guardian
|November 14, 2023
Diwali celebrations in an unprecedented surge in retail trade, reaching a remarkable figure of Rs 3.75 lakh crore. This surge signals a paradigm shift towards indigenous products, echoing the sentiments of the Vocal for Local Movement, and concurrently, China has incurred a substantial loss of over Rs 1 lakh crore.
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The Confederation of All India Traders (CAIT) announced these staggering figures, with additional trade worth Rs 50 thousand crores anticipated during the upcoming celebrations of Goverdhan Pooja, Bhaiya Dooj, Chhath Pooja, and Tulsi Vivah.
Dit verhaal komt uit de November 14, 2023-editie van The Business Guardian.
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