Holi Shopping Hits Record High.!
Holi brought a surge of vitality to the market as people indulged in extensive shopping, marking the festival of colours with grand celebrations. According to a survey conducted by the traders' organization, purchases totalling more than Rs 50 thousand crore were made to commemorate holi 2024, with expectations of further increase.
CAT data revealed a notable decline in the sale of Chinese goods during holi, indicating a shift in consumer sentiment away from products originating from China. In the national capital Delhi alone, business transactions surpassed Rs 5000 crore. CAT's National General Secretary, praveen Khandelwal, highlighted the evolving consumer mindset, attributing it to the unfavourable sentiment towards Chinese goods following the 2020 Galwan Valley clash.
The shift in consumer behaviour, once focused solely on the affordability of Chinese products, now emphadata-sizes a conscious boycott of these imports, evident in the trends observed during holi shopping. CAT echoes the sentiment of freeing india from dependence on Chinese goods.
Prime minister Modi extended his holi greetings to the nation via social media, urging citizens to celebrate the festival with love and harmony. He expressed hope that holi would infuse renewed energy and enthusiasm into the lives of all. Across the country, people participated in Holika Dahan ceremonies on sunday night, marking the onset of holi festivities.
CAT data revealed a notable decline in the sale of Chinese goods during holi, indicating a shift in consumer sentiment away from products originating from China. In the national capital Delhi alone, business transactions surpassed Rs 5000 crore. CAT's National General Secretary, praveen Khandelwal, highlighted the evolving consumer mindset, attributing it to the unfavourable sentiment towards Chinese goods following the 2020 Galwan Valley clash.
The shift in consumer behaviour, once focused solely on the affordability of Chinese products, now emphadata-sizes a conscious boycott of these imports, evident in the trends observed during holi shopping. CAT echoes the sentiment of freeing india from dependence on Chinese goods.
Prime minister Modi extended his holi greetings to the nation via social media, urging citizens to celebrate the festival with love and harmony. He expressed hope that holi would infuse renewed energy and enthusiasm into the lives of all. Across the country, people participated in Holika Dahan ceremonies on sunday night, marking the onset of holi festivities.