Festival Sales data indicates
- Diwali sales at a decade-high of ₹1.25 trillion, a sign of resilient demand and businesses optimism
- Consumers preferred Indian goods leading to a direct loss of over ₹50,000 crore to Chinese exporters
- Increased participation from tier-2 & 3 cities
- More than 84% of mid-range smartphones bought were 5G-ready
- Even gold/jewelry sales were highest in last 3yrs
- Diwali sales at a decade-high of ₹1.25 trillion, a sign of resilient demand and businesses optimism
- Consumers preferred Indian goods leading to a direct loss of over ₹50,000 crore to Chinese exporters
- Increased participation from tier-2 & 3 cities
- More than 84% of mid-range smartphones bought were 5G-ready
- Even gold/jewelry sales were highest in last 3yrs
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