business

breaking news Holiday Season Sees Strong Sales Across Most Sectors


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Diwali this year seems to have brought much-needed light to several sectors. Indian shoppers were in spending mode this festive season. From gold, vehicles, consumer durables, home décor, apparel, electronics and even sweets and snacks, all categories saw a surge in purchases compared to Last year.

Indian shoppers were in spending mode this festival season. From gold, vehicles, consumer durables, home décor, apparel, electronics and even sweets and snacks, all categories saw a surge in purchases compared to Last year.

According to the Confederation of All Indian Traders estimates, business worth Rs 1.25 lakh crore was recorded in the period from the first day of Navratri to Dhanteras and the Dhanteras/Diwali weekend alone, from sales worth Rs 45,000 crore were recorded.

This was led by the jewelry sector, which recorded sales of Rs 25,000 crore and automobiles, electronics, sweets and snacks, etc. made up the rest.

Watch the accompanying video from CNBC-TV18’s Shilpa Ranipeta for more details.


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