Overview
- CAIT estimates Rs 6.05 lakh crore in festive turnover, including Rs 5.40 lakh crore in goods and Rs 65,000 crore in services, about 25% higher than 2024.
- Roughly 85% of spending flowed through non-corporate, brick-and-mortar outlets, with rural and semi-urban regions contributing about 28% of sales.
- About 72% of traders surveyed by CAIT’s research wing credited reduced GST rates for boosting volumes across key consumer categories.
- CAIT reports the season generated an estimated 50 lakh temporary jobs spanning logistics, packaging, retail assistance and delivery.
- Automakers reported festival delivery highs, surpassing 100,000 cars in 24 hours; Maruti Suzuki delivered 51,000 on the first day, and Tata Motors topped 1 lakh deliveries from Navratri to Diwali with 33% year-on-year growth.