Rakhi festive sales expected to surge over Rs 12,000 crore: Confederation of All India Traders

The Confederation of All India Traders (CAIT) expected festive trade during the Rakhi festival to exceed Rs 12,000 crore, indicating a significant increase from previous years. There was notable demand for indigenous Rakhis over Chinese ones. Various distinctive Rakhis from across India also saw high consumer interest, contributing to the festive season’s trade boom.