Down to the wire: From mobiles to TVs, last-minute buys add spark to Diwali

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Delhi alone is projected to contribute Rs 75,000 crore. New Delhi-based DLF Group reflects the optimism.“The last weekend before Diwali was a little tempered as the big Diljit Dosanjh concert pulled away the crowds, but we expect a strong season.

In the national capital, like in many other cities, all eyes are on last-minute shopping.“While there is no significant surge in sales, we expect an uptick in business this week….we expect the business to become better each day this week,” said Atul Bhargava, president of the New Delhi Traders Association.

Both retail and F&B have done well across our portfolio, with Promenade (in Vasant Kunj), Avenue (in Saket) and Mall of India (in Noida) especially seeing a spike in footfall and sales,” said Pushpa Bector, senior executive director and business head, DLF Retail.

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Category: BusinessFinance

Markets: IndiaMali

Topics: Diwali firecracker Festive sales Diwali Dhanteras Diwali shopping

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Article Type: News Report

Published On: 2024-10-31 @ 00:24:55 (1 days ago)

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News Source URL: business-standard.com

Language: English

Article Length: 1132 words

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News ID: 23341713

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