Dhoom of Vocal for Local on Diwali, estimated turnover of Rs 72 thousand crore

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Vocal for Local on Diwali

New Delhi: The Vocal for Local Campaign given by PM Narendra Modi and the spread across the country by the Confederation of All India Traders (CAIT) have seen the sale of household goods worth Rs 72,000 crore this Diwali. The figures released on behalf of CAT are from 20 cities. CAT has estimated that it has lost Rs 40,000 crore due to the boycott of Chinese goods. According to CAT, no Chinese goods were sold during this year’s Diwali on CAIT’s call for a boycott of Chinese goods.

Vocal for Local on Diwali

Increase in domestic business
According to a report compiled from 20 different cities, which are considered to be India’s leading distribution hubs, Diwali festival sales are expected to generate around Rs 72,000 crore and China Rs 40,000 crore, CAIT said in a statement. Was lost. Twenty cities including Delhi, Mumbai, Chennai, Bengaluru, Hyderabad, Kolkata, Nagpur, Raipur, Bhubaneswar, Ranchi, Bhopal, Lucknow, Kanpur, Noida, Jammu, Ahmedabad, Surat, Cochin, Jaipur, Chandigarh are considered as distribution cities.

The highest sales of these goods
The strong sales in commercial markets during the festive season of Diwali indicate good prospects for business in the future and may bring back some smiles on the faces of traders, CAIT said. FMCG Accessories, Consumer Durables, Toys, Electrical Appliances & Accessories, Electronic Appliances, Kitchenware, Gift Items, Confectionery, Sweets, Home Decor, Tapestry, Utensils, Gold & Jewelry, Shoes, Watches, Furniture, Diwali But is included in the most purchased goods. Clothing, fashion apparel, home decoration items were also purchased.

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