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Deepawali trade nears Rs 7 lakh crore, Dhanteras records Rs 1.25 lakh crore business: CAIT
- NEW DELHI: India’s festive retail economy witnessed a massive surge this year, with Diwali-related trade touching nearly Rs 7 lakh crore across the country, according to the latest assessment by the Confederation of All India Traders (CAIT).
- The updated figures, shared by CAIT Secretary General and MP Praveen Khandelwal on November 9, indicate strong consumer spending across jewellery, electronics, automobiles, clothing, household goods and traditional festive products.
- Delhi alone recorded festive business exceeding Rs 1 lakh crore, while Dhanteras, celebrated on November 6, generated an…
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