2021 Rakhi festive sales in India expected to exceed Rs 12,000 crore, up from Rs 10,000 crore in 2020.

The Confederation of All India Traders (CAIT) anticipates that Rakhi festive sales in India will surpass Rs 12,000 crore this year due to a high enthusiasm for the festival and increased demand for indigenous Rakhis. CAIT encourages consumers to buy Indian Rakhis instead of Chinese ones during the festive season. This year's Rakhi festival trade is expected to be significantly higher than last year's trade of approximately Rs 10,000 crore.

August 18, 2024
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