CAIT Projects Over Rs 1 Lakh Crore Nationwide Turnover For Dhanteras Festival

National retail business during the Dhanteras festival is estimated to cross ₹1 lakh crore across India, according to projections released by the Confederation of All India Traders (CAIT). Within this festive sales figure, the trade body expects consumer spending on gold and silver alone to exceed ₹60,000 crore. Dhanteras marks a traditional shopping peak in the Indian calendar, triggering substantial retail footfall for jewellery, household goods, utensils, and vehicles.

CAIT's projections highlight that consumer appetite for precious metals remains the core driver of festive turnover, contributing well over half of total trade value across urban and rural markets. Retail merchants, jewellery enterprises, and logistics operators must monitor supply chain inventories and electronic payment infrastructures to handle intense transaction volumes smoothly.

Finance teams at retail businesses should ensure accurate collection reconciliations and tax compliances to manage peak working capital demands efficiently. Tracking festive spending trends offers vital insights into overall Indian consumer purchasing strength.