2022-10-25 12:37 PM IST | Mumbai
Stores and showrooms selling everything from jewellery to apparel to automobiles are reporting significant increases in sales in pre-Diwali festival days. The state of the automobile sector, which is essential to both macroeconomic growth and technological innovation, is a good indicator to measure India’s economic health… and all signs point to upward trend. The festive period usually sees higher sales for Gold, Silver and Diamonds, as most Indians consider such purchases to be auspicious during this time of the year. This year hasn’t been any different. The upwardly mobile, aspirational Indian is now spending on holidays and travels and while on vacation, likes to shop as well. This shows an economy that remains resilient and consumption patterns that remain resilient. India remains open for business. #Diwali #HappyDiwali #Dhanteras
