February 22, 2025
Money Matters

Lighting Up the Economy  

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During the 2023 Diwali season, Indian consumers spent over `4 lakh crore on shopping. Sales during this time contribute to 15% to 30% of many retailers’ annual revenue. Clearly, Diwali is not only a time of celebration and togetherness, but also a period of economic growth and opportunity.
Lighting Up the Economy  
From mahurat trading to the confectionery industry and home renovations to financial services, Diwali brings prosperity to many. The Diwali rush also creates a demand for more workers across various sectors. Factories, retail shops and delivery services hire additional staff to meet the high demand.
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