US EditionIndia records all-time high ₹5.4 lakh crore Diwali sales, driven by 'Swadeshi' sentiment and GST relief
India's Diwali sales hit Rs 6.05 lakh crore, driven by GST reforms and strong consumer demand, creating 50 lakh temporary jobs in logistics and retail sectors, CAIT said.
- On Tuesday, the Confederation of All India Traders reported India's Diwali 2025 sales reached a record Rs 6.05 lakh crore, marking a major milestone for the industry.
- Following GST rate cuts, CAIT said 72% of surveyed traders credited reduced GST rates for boosting sales volumes, attributing the surge to GST reforms and strong consumer confidence.
- The breakdown shows sales comprised Rs 5.40 lakh crore in goods and Rs 65,000 crore in services, with traditional and non-corporate physical markets accounting for 85% of total trade.
- Nearly 50 lakh temporary jobs were created across logistics, transport, packaging and delivery sectors, and consumers reported greater satisfaction with stable pricing.
- Rural and semi-urban India accounted for 28 per cent of turnover, and CAIT said the surge is expected to continue through the winter, wedding and upcoming festive season from mid-January.
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Financial Express
IMPFM Sitharaman highlights surge in Diwali sales to all-time high of Rs 6.05 lakh crore
Finance Minister Nirmala Sitharaman announced record-breaking Diwali sales of ₹6.05 lakh crore (25% jump from 2024), citing a surge in demand for Indian-made ('swadeshi') products and the impact of recent GST rate reductions.
Diwali retail sales cross ₹6 trillion as GST cuts boost consumer sentiment — what the CAIT data shows
Total sales of goods and services during Diwali 2025 rose to more than ₹6 trillion as the central government's GST rate cut initiative boosted consumer sentiment. Here's where the money came from…
Grand Diwali: India's festive sales cross record Rs 6 lakh crore, creates 50 lakh temporary jobs
India's Diwali sales soared to a record Rs 6.05 lakh crore, according to the traders' lobby CAIT. This comprised Rs 5.40 lakh crore in goods and Rs 65,000 crore in services, representing a considerable increase from last year's Rs 4.25 lakh crore. The Confederation of All India Traders (CAIT) attributes this surge to the recent GST reform and strong consumer confidence. Notably, traditional and non-corporate physical markets powered this boom, a…
This Diwali, sales of indigenous goods have been strong. Sales have increased 25 percent compared to last year. People have chosen to buy Indian-made products over Chinese ones.
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