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Anonymous
Stealth • 1m
🪔🪔 Happy Diwali 🪔 🪔 🇮🇳 India saw record-breaking consumer spending across sectors, with estimated retail sales totaling approximately ₹3.75 lakh crore 💰 Here’s a breakdown of revenues by key sectors for the Diwali period 🍔 1. Food and Groceries: Contributed around 13% of the total, amounting to about ₹48,750 crore. This includes increased spending on sweets, dry fruits, and other festive foods 💍 2. Jewelry: Contributed around 9%, totaling approximately ₹33,750 crore. Many consumers consider this an auspicious time to buy gold and silver. 👔 3. Textiles and Garments: Representing about 12%, this sector saw around ₹45,000 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 ₹30,000 crore, boosted by holiday discounts and promotional offers. 🏠 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. 🚗 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. 🎇 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. 🎇
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