21.1 C
Delhi
Wednesday, November 5, 2025

Diwali Sales Hit Record Rs 5.40 Lakh Crore on GST Reforms

Diwali Sales Smash Records at Rs 5.40 Lakh Crore

India’s Diwali festival season generated a historic Rs 5.40 lakh crore in goods sales and approximately Rs 65,000 crore in services, marking the highest-ever retail turnover in the country’s trading history.

Key Takeaways

  • Total Diwali sales hit record Rs 5.40 lakh crore (goods) + Rs 65,000 crore (services)
  • 25% growth over previous year’s festive sales
  • Traditional retail dominated with 85% market share
  • GST reforms boosted consumer spending significantly

Unprecedented Growth in Festival Sales

The Confederation of All India Traders (CAIT) reported a 25% increase compared to 2024’s festive period sales of Rs 4.25 lakh crore. This surge demonstrates robust consumer confidence and economic momentum.

Traditional Retail Makes Strong Comeback

Mainline retail accounted for nearly 85% of total sales, indicating a powerful revival of brick-and-mortar markets across India. The survey shows consumers returning to physical stores in large numbers.

GST Reforms Fuel Consumer Spending

Reduced GST rates on key categories including confectionery, home decor, footwear, ready-made garments, and consumer durables significantly improved price competitiveness. About 72% of traders reported higher sales volumes directly linked to GST reductions.

Consumers expressed greater satisfaction with stable prices during the festive season, supporting continued consumption even after Diwali celebrations.

Employment and Rural Economy Boost

The Diwali trade surge generated temporary employment for approximately 50 lakh people across logistics, transport, retail assistance, packaging, and delivery sectors.

Enhanced rural and semi-urban purchasing power contributed 28% of overall sales, highlighting deep economic penetration beyond metropolitan areas.

“Diwali 2025 has set a new benchmark in India’s retail and trading economy – symbolising the fusion of tradition, technology, and trust in Indian enterprise,” said CAIT.

The organization noted this year’s Diwali stands as a major milestone in building an , driven by 9 crore small businesses and the country’s vast consumer base.

Latest

Paytm Q2 FY26 Results: 24% Revenue Growth, Rs 211 Crore PAT

Paytm reports strong Q2 performance with 24% revenue growth, Rs 211 crore profit, and record merchant subscriptions driven by AI innovation and financial services expansion.

Yum Brands Considers Selling Pizza Hut Amid US Sales Decline

Pizza Hut's parent company launches strategic review as US sales drop 7%. Global chain with 20,000 stores could be sold to unlock value.

IBM Layoffs: Thousands of Jobs Cut Amid Software Growth Focus

IBM announces thousands of job cuts affecting low single-digit percentage of workforce. Learn how tech layoffs impact employees and industry trends in 2025.

M&M Q2 Profit Surges 18% to Rs 4,521 Crore, Beats Estimates

Mahindra & Mahindra reports strong Q2 FY26 results with 18% profit growth driven by tractor sales and improved margins. Get key financial highlights and outlook.

Adani Enterprises Q2 Profit Jumps 84% to ₹3,199 Crore

Adani Enterprises reports 84% surge in Q2 profit, approves ₹25,000 crore rights issue for expansion. Key infrastructure milestones achieved including Navi Mumbai airport.

Topics

Jaishankar to Visit Canada for G7, Marking Diplomatic Reset

India's External Affairs Minister visits Canada for G7 meeting, signaling major thaw in bilateral relations after 2023 diplomatic crisis.

Paytm Q2 FY26 Results: 24% Revenue Growth, Rs 211 Crore PAT

Paytm reports strong Q2 performance with 24% revenue growth, Rs 211 crore profit, and record merchant subscriptions driven by AI innovation and financial services expansion.

Sachin Tendulkar Inspired Shafali Verma’s World Cup Final Heroics

How Sachin Tendulkar's pep talk helped Shafali Verma deliver a match-winning 87 and two wickets to secure India's first Women's Cricket World Cup title.

Yum Brands Considers Selling Pizza Hut Amid US Sales Decline

Pizza Hut's parent company launches strategic review as US sales drop 7%. Global chain with 20,000 stores could be sold to unlock value.

Bangladesh Military Moves Near India’s Siliguri Corridor Raise Concerns

Unusual military movements in Bangladesh involving US troops, Pakistani naval cooperation, and Azerbaijani cargo planes near India's strategic Siliguri Corridor.

Bomb Threat Halts Flights at Reagan National Airport, Operations Resume

All flights suspended at Washington's Reagan National Airport due to bomb threat targeting United Airlines flight. Operations resumed after security clearance.

IBM Layoffs: Thousands of Jobs Cut Amid Software Growth Focus

IBM announces thousands of job cuts affecting low single-digit percentage of workforce. Learn how tech layoffs impact employees and industry trends in 2025.

US Shutdown Hits Record 35 Days as Senate Fails to Pass Bill

The longest US government shutdown continues as 1.4 million workers go unpaid and air travel faces major disruptions. Get the latest updates.
spot_img

Related Articles

Popular Categories

spot_imgspot_img