NewKerala.com

Delhi's Diwali Boom: Rs 500 Crore Firecracker Sales Amid Stock Shortages

Delhi experienced an unprecedented surge in firecracker sales this Diwali season, with estimates reaching Rs 500 crore. Most traders reported running out of stock well before the festival, forcing residents to travel to neighboring cities. The sales boom followed the Supreme Court's October 15 ruling that permitted green cracker sales in specific time slots. This reflects a broader national trend where festive spending across India saw a 25% increase compared to last year.

Key Points: Delhi Firecracker Sales Hit Rs 500 Crore Before Diwali Festival

  • Delhi firecracker sales estimated at Rs 500 crore with 40% year-on-year growth
  • Many residents traveled to Gurugram, Noida due to stock shortages in capital
  • Supreme Court ruling allowed green crackers sales from October 18-21
  • All India festive sales hit Rs 5.40 lakh crore, up 25% from last year
2 min read

Delhi witnesses bumper firecracker sales ahead of Diwali; sales estimated to be Rs 500 crore

Delhi witnesses 40% surge in firecracker sales reaching Rs 500 crore, with residents traveling to neighboring cities as stocks run out before Diwali celebrations.

"The demand for firecrackers, decorative items, and lighting products has gone up significantly this festive season - Paramjit Singh Pamma, Sadar Bazaar Association"

New Delhi, Oct 21

The national capital witnessed a surge in firecracker sales this Diwali season, with most shopkeepers running out of stock well before the festival. In order to find crackers, many Delhi residents were even compelled to travel to neighbouring cities like Gurugram, Noida, Ghaziabad, Faridabad, and Sonipat.

The demand for firecrackers increased significantly this year, according to Brijesh Goyal, Chairman of the Chamber of Trade and Industry (CTI). Even one day before Diwali, the majority of traders experienced stock shortages. In order to purchase firecrackers, many people had to travel outside of Delhi, he said, adding that the city's total sales were estimated to be close to Rs 500 crore.

Paramjit Singh Pamma, President of the Sadar Bazaar Association, said that traders recorded nearly a 40 per cent increase in overall sales compared to last year. "The demand for firecrackers, decorative items, and lighting products has gone up significantly this festive season," he added.

Following the Supreme Court's October 15 ruling, which allowed the sale and bursting of green crackers in Delhi-NCR between 6 and 7 a.m. and 8 and 10 p.m. on Diwali day and the day before, sales increased. As a result, from October 18 to 21, authorities in Delhi permitted the sale of green crackers.

During the holiday season, the Confederation of All India Traders (CAIT) also reported record-breaking sales across the country. Traders in India registered businesses worth Rs 5.40 lakh crore between Navratri and Diwali, while customers spent an additional Rs 65,000 crore on services. Compared to last year's festive season sales of Rs 4.25 lakh crore, this represents a 25 per cent increase.

The strong sales figures reflect robust consumer sentiment and a revival in festive spending across the country.

- IANS

Share this article:

Reader Comments

R
Rohit P
While I'm happy for the economic boost, I'm concerned about the environmental impact. The Supreme Court's timing restrictions are good, but we need more awareness about green crackers. The air quality in Delhi is already so poor.
M
Michael C
Visiting Delhi during Diwali was amazing! The energy in the markets was electric. People were buying crackers like there's no tomorrow. The economic numbers are staggering - shows how important festivals are for Indian economy.
A
Ananya R
My husband had to drive to Gurugram twice to get crackers for the kids! Every shop in our area was sold out by evening. The demand was unreal this year. Maybe people are making up for the subdued celebrations during COVID years.
S
Sarah B
The ₹5.40 lakh crore national figure is mind-blowing! Indian consumers are definitely back in spending mode. This should give a good boost to small traders and the overall economy. Happy to see the festive cheer return!
V
Vikram M
I appreciate that authorities allowed green crackers with proper timing. It's a balanced approach - respecting traditions while being mindful of pollution. Hope people follow the 8-10 PM window properly. 🎆

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50