India's Diwali trade to be ₹4.25 lakh crore, China to take ₹1 lakh crore hit: CAIT
Indian traders are expecting a turnover of approximately ₹4.25 lakh crore during this Diwali season, the Confederation of All India Traders (CAIT) said. "This time, China will take a ₹1 lakh crore hit as Chinese goods do not sell during the festive season in India," CAIT Secretary General Praveen Khandelwal said. Delhi alone could see business worth around ₹75,000 crore.