New Delhi ,oct 29
As the Diwali season brings a festive boost to the economy, traders across India anticipate a strong Dhanteras, with an estimated Rs 50,000 crore in retail trade projected nationwide on Tuesday, according to Confederation of All India Traders (CAIT).This year, the “Vocal for Local” theme is noticeably prevalent, with consumers showing a strong preference for locally made goods, marking a significant decline in Chinese product sales associated with Diwali.CAIT estimates that China may lose nearly Rs 1.25 lakh crore in business this season due to the preference for Indian-made goods.CAIT Secretary General and Chandni Chowk MP Praveen Khandelwal remarked on the emphasis this year on supporting local artisans, potters, and women’s cooperatives, in alignment with Prime Minister Narendra Modi’s Vocal for Local appeal.Across India, trade groups have been encouraged to prioritize items crafted by local communities, thereby supporting small artisans during this peak sales season.To reinforce this message, MP Khandelwal, along with BJP workers and trade leaders, plans to purchase clay diyas and other pottery items from Chandni Chowk artisans tomorrow as a show of solidarity with the Vocal for Local campaign.Similar initiatives will unfold in Delhi and other states, with CAIT leaders rallying to support local craftsmanship.This festive day of Dhanteras is marked by reverence and traditional purchasing practices, as people seek blessings from Lord Ganesha, Goddess Lakshmi, and Lord Kuber.Popular purchases include gold and silver jewelry, utensils, kitchenware, vehicles, garments, electronics, business tools, furniture, and even brooms, which are considered an auspicious buy on Dhanteras. According to ancient custom, Lord Dhanvantari, the deity of health, appeared on this day, making brass utensils particularly auspicious for purchase, especially among the hospitality and catering sectors, which see high demand for cooking items during Dhanteras.
