India’s Retail Sector Records Historic Festive Sales of ₹5.4 Lakh Crore in Goods
India’s retail sector has witnessed a historic boom in festive season sales this year, marking a new high between Navratri and Diwali 2025. According to a nationwide survey by the Confederation of All India Traders (CAIT), the total trade touched ₹5.4 lakh crore in goods and ₹65,000 crore in services, setting a new benchmark for economic activity during the festival period.
One of the most impactful factors behind this surge was the reduction in GST rates across several essential and high-demand product categories. This move not only made goods more affordable for consumers, but also improved the profit margins and turnover for retailers.
Key categories that benefited from GST cuts include,
These changes enhanced the overall price competitiveness of products in both online and offline retail markets, encouraging more impulse and bulk purchases during the festive period.
The retail performance this year showed a strong balance between the goods and services segments. While the sale of goods saw the lion’s share with ₹5.4 lakh crore, the services sector also made an impressive mark, generating ₹65,000 crore in revenue.
This dual growth indicates a shift in consumer lifestyle and preferences, with rising spending on services such as,
Every year on Budget Day, the Finance Minister’s appearance outside Parliament attracts huge public attention.…
India’s ambitious Mumbai-Ahmedabad Bullet Train Project has crossed another important engineering milestone. On January 29,…
India is set to host a major diplomatic event that signals a renewed focus on…
Global living costs continue to rise amid inflation, currency movements, and demand for premium urban…
A national anthem is a special song that shows a country’s pride, history, and shared…
In a landmark and politically charged decision, the European Union has formally designated Iran’s powerful…