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Rakhi Festival just Ended.
So, some Beautiful Numbers, you’ll love it:
Hey everyone, exciting news from Indian retail.
Rakhi sales: Over ₹12,000 Cr (Expected)
That’s a huge jump from last year!
2022: ₹7,000 Cr
2021: ₹6,000 Cr
2020: ₹5,000 Cr
2019: ₹3,500 Cr
2018: ₹3,000 Cr
Pretty good Numbers.
Also, People are loving Indian-made Rakhis.
Chinese Rakhis? Nowhere to be seen!
Trending Rakhis
• Khadi Rakhis from Nagpur
• Sanganeri Art Rakhis from Jaipur
• Lots more unique local designs
Festival Season Forecast
↦ Total festive sales could hit ₹4 lakh crore
Long festival season from August to November.
This is great news for Indian businesses and artisans.
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Thanks for reading.