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đŞđŞ Happy Diwali đŞ đŞ đŽđł India saw record-breaking consumer spending across sectors, with estimated retail sales totaling approximately âš3.75 lakh crore đ° Hereâs a breakdown of revenues by key sectors for the Diwali period đ 1. Food and Groceries: Contributed around 13% of the total, amounting to about âš48,750 crore. This includes increased spending on sweets, dry fruits, and other festive foods đ 2. Jewelry: Contributed around 9%, totaling approximately âš33,750 crore. Many consumers consider this an auspicious time to buy gold and silver. đ 3. Textiles and Garments: Representing about 12%, this sector saw around âš45,000 crore in revenue as people shopped for new clothes and traditional wear. ⥠4. Electronics & Mobiles: With about 8% of sales, this sector earned an estimated âš30,000 crore, boosted by holiday discounts and promotional offers. đ 5. Home Decor and Furnishings: These sectors contributed 3% and 4%, respectively, as consumers invested in beautifying homes and upgrading interiors for the festive season. đ 6. Automobiles and Electricals: This sector, which also covers toys and hardware, captured around 20% of the total spending. Diwali is traditionally a popular time for purchasing vehicles and household appliances. đ Overall, festive spending provided a significant boost across both traditional and modern retail sectors, supported by MSMEs and e-commerce channels, which helped amplify accessibility and reach for smaller sellers. đ
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