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Retail markets across India saw a record trade of Rs 3.75 lakh crore during this festive season so far. CAIT Secretary General Praveen Khandelwal said Chinese goods lost a trade worth more than Rs 1 lakh crore during the Diwali festive season. ....
The call for Vocal for Local reverberates, with consumers showcasing a strong preference for Made in India products. China is poised to lose around Rs 1 lakh crore in business related to Diwali festival items, as per an ANI report. ....
As per the CAIT, there exist 60 crore consumers for mainline retail trade in India. “If we assume a minimum of Rs 5,000 spending per head, we will achieve Rs 3 lakh crore business very comfortably,” CAIT Maharashtra vice-president, Suresh bhai Thakkar said. ....