CAIT estimates business worth Rs 50 thousand crore across the country on Dhanteras. Loktej Business News
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New Delhi, 09 November (HS). Dhanteras is on 10 November this year. Before Diwali, Dhanteras is considered very important for shopping. This day is a big day for the sale of goods for traders across the country including Delhi. Traders across the country have made preparations for Dhanteras in full swing. Praveen Khandelwal, National General Secretary of Confederation of All India Traders (CAT), said on Thursday that on the occasion of Dhanteras, retail business worth about Rs 50 thousand crore is estimated across the country within two days today and tomorrow. On the other hand, this time on Diwali, the effect of ‘Vocal for Local’ is fully visible in the markets.
Khandelwal said in a statement that this time most people are preferring to buy goods made in India. According to an estimate, China has suffered a loss of approximately Rs 1 lakh crore due to non-sale of Chinese goods related to Diwali. He said that buying new things on the day of Dhanteras is considered auspicious. On the day of Dhanteras, gold and silver jewelery and other items, utensils, kitchen items, vehicles, clothes, electronics, electrical goods and appliances, mobiles, ledgers, furniture and accounting etc. are especially purchased. There is also a trend of buying brooms on this day.
Pankaj Arora, National President of All India Jewelers and Goldsmiths Federation (AIJGF), said that there is great enthusiasm among the jewelery traders across the country about the Dhanteras sales tomorrow. For this, bullion traders have made preparations on a large scale. An abundant stock of gold, silver and diamond jewelery and other items including new design jewelery is kept. Along with this, huge demand for artificial jewelery is also visible in the markets this year.
CAT’s Delhi State President Vipin Ahuja and State General Secretary Dev Raj Baweja said that tomorrow on the day of Dhanteras in the capital Delhi, Chandni Chowk, Dariba Kalan, Maliwada, Sadar Bazaar, Kamla Nagar, Ashok Vihar, Model Town, Shalimar Bagh, Pitampura, Rohini, Goods are expected to rise especially in various retail markets including Rajouri Garden, Dwarka, Janakpuri, South Extension, Greater Kailash, Green Park, Yusuf Sarai, Lajpat Nagar, Kalkaji, Preet Vihar, Shahdara and Laxmi Nagar.
Buying a brass vessel is auspicious
Convener of Vedic and Astrology Committee of CAT and renowned Veda connoisseur Acharya Durgesh Tare of Ujjain told that the appearance of Lord Dhanvantari also took place on the same day of Dhanteras. Lord Dhanvantari is an incarnation of Lord Vishnu and is also the god of medicine. In this context, Lord Dhanvantari will also be worshiped across the country tomorrow. Their favorite metal is considered to be brass. That is why buying brass utensils etc. on Dhanteras is also considered auspicious. On the day of Dhanteras, utensils and cooking items are sold on a large scale. Apart from people across the country, people associated with catering business, local confectioners, contract cooks, hotel and restaurant business people especially buy utensils etc. on Dhanteras.
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