SaralnamaCAT estimates ₹4.75 lakh crore Diwali business this year. MP Praveen Khandelwal says PM Modi's 'vocal for local' call opened new opportunities for traders. GST rate cuts and promotion of Indian products energized markets. Consumers prefer domestic goods over foreign, boosting 'Atmanirbhar Bharat'. Diwali trade reflects participation across income groups. CAT's breakdown shows food items at 13%, clothing 12%, electronics 8%, and gift items 8% of total sales. Markets sparkle with 'swadeshi' spirit, symbolizing India's economic strength. (Updated 6 Oct 2025, 10:15 IST; source: link)
Key Points
- CAT estimates ₹4.75 lakh crore Diwali business this year
- MP Praveen Khandelwal says PM Modi's 'vocal for local' call opened new opportunities for traders
- GST rate cuts and promotion of Indian products energized markets