Business

Festival: After Two Years, this Diwali will be ‘Gold’ for Traders

Anshika Agarwal

Traders will have gold this year. The reason for this is once again the return of customers in the market. Traders, who have been longing for customers for the last two years, says that once again the brightness has returned in the markets across the country. As the day of Diwali is getting closer, the number of customers is increasing.

The festival started from Ahoi Ashtami

Just two days back, the Diwali festival, which started from Ahoi Ashtami, has started. This year the number of customers is increasing day by day in the markets across the country including Delhi. Due to this, traders across the country feel that there will be a significant increase in Diwali festival purchases this year as compared to last year.

Chinese goods are not getting attention

Source: Google, Image by- ABC News

The special thing this time is that Chinese goods are largely absent in the markets. Those goods have been replaced by indigenous goods. Customers have also become aware. Before buying the goods, they are asking whether the goods to be purchased are not from China.

This time there is a lot of hope from Diwali

BC Bhartia, national president of the Confederation of All India Traders (CAIT), says that the year 2019 and 2020 were very dull for traders. But, this time the traders have high hopes from the Diwali festival. With this, China's business will suffer a big loss this time. Two days back, CAT did a survey. On the basis of that, it is being said that this year China has a business loss of 50 thousand crores on Diwali festival.

Even during the festival, only the things related to worship were purchased 

Bhartia says that people are shopping cautiously this time. There has been a mindset among the people that they keep a savings fund in their house to meet any accidental calamity. So, this time in the markets, customers are buying only the items related to the festival.

Source: Google, Image by- TOI

They told that especially earthen diyas, readymade garments, clothes, gift items, FMCG products, everyday necessities, cosmetics, confectionery, sweets, home decor items, electric strings and decorative bulbs, mehndi, Rangoli items, electric candles, handloom fabrics, furnishing items etc. are mainly included.

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