The Secretary General of the Confederation of All India Traders (CAIT) and BJP MP, Praveen Khandelwal, stated that trade during this year's Holi festival is expected to exceed 80 thousand crore rupees across the country. He added that this figure represents a growth of nearly 25 per cent compared to last year's estimated trade of 60 thousand crore rupees. Mr. Khandelwal emphasized that, due to Prime Minister Narendra Modi's encouragement of "Vocal for Local," Indian-made products are dominating the market during this festival.
According to CAIT estimates, festive trade in Delhi alone is expected to exceed 15 thousand crore rupees. CAIT also informed that markets across the city are experiencing a significant increase in foot traffic.