 Early Times Report
JAMMU, Oct 28: This Diwali, happiness and prosperity spread in Indian markets, as the total sales increased by 25 percent compared to last year, reaching a record ?6.05 lakh crore.
According to the report of the Confederation of All India Traders (CAIT), the credit for this success goes to Prime Minister Narendra Modi's 'Vocal for Local' and 'Swadeshi Diwali' campaigns, which attracted consumers towards domestic products.
Publicity Secretary Pradeep Sharma.
Pradeep Sharma, Publicity Secretary of BJP Jammu South, said that this Diwali, 25 percent more sales were registered than last year. Indians openly adopted 'Vocal for Local' products, which not only strengthened local artisans but also gave a huge boost to the Indian economy. This is a big step towards a self-reliant India. According to the survey, during Diwali, sales of goods worth *5.40 lakh crore and services (like logistics, packaging, and delivery) generated an income of ?65,000 crore. This is a jump of 25% compared to 4.25 lakh crore last year. The report revealed that 87 percent of consumers chose Indian goods over imported (especially Chinese) products, which led to a 25 percent increase in sales for domestic manufacturers. Rural and semi-urban areas contributed 28 percent of the total sales, while traditional markets contributed 85 percent. |
