Monday, 23 October 2017

Diwali Business

Diwali is a festival which spreads enjoyment and growth to the economy.  Indirectly many business sustaining their potential  in India.  Transport, sweets, crackers, liquor, textile, entertainment, agriculture, smart phones are simultaneously benefited through the festival scenario.  Tourism is also developed due to festival leaves.  Entertainment industry for a long time it entertains the people and giving tax, profit to the stakeholders.

Recently electronics. Smart phones growing  markets during the celebrative times.  Chinese products sale expected to drop this year.  Some threats like swachh Bharat, air pollution campaign, chinese products sale, GST  affect the festival.  Companies reduced their gifts upto 40% to their employees, stake holders  mentioned by ASSOCHAM survey.

Threats, benefits are part of any event.  Though, festival brings spiritual, happiness and business for the nation.