
Economic impact of Holi festival on trade: Business expected to surpass ₹60,000 crore this year
The Confederation of All India Traders (CAIT) Secretary General and BJP MP from Chandni Chowk, Shri Praveen Khandelwal, stated that, similar to previous years, this time too, both traders and customers have boycotted Chinese goods during Holi sales. Instead, only Indian-made herbal colors, gulal, water guns (pichkari), balloons, sandalwood, pooja materials, apparel, and other items are being sold extensively. Along with these, sweets, dry fruits, gift items, flowers and fruits, clothing, furnishing fabrics, groceries, FMCG products, consumer durables, and many other products are also in high demand across markets. Due to increased consumer spending, various business sectors are witnessing a sharp rise in Holi-related sales.
For playing Holi with colors, people are demanding white T-shirts, kurta-pajamas, and salwar suits. At the same time, T-shirts with “Happy Holi” written on them are also witnessing steady demand in the market.
Shri Khandelwal emphasized that India is a land of festivals, and every festival or religious occasion inevitably boosts trade. Holi is expected to stimulate economic activities, benefiting local businesses, small traders, small-scale industries, and the MSME sector in particular. This Holi festival will also prove to be highly beneficial for traders and retailers across the country.
Holi Business Expected to Cross ₹60,000 Crore
According to CAIT data, the Holi festival this year is expected to generate business worth over ₹60,000 crore, reflecting a nearly 20% increase compared to the previous year’s figure of ₹50,000 crore. In Delhi alone, an estimated business of over ₹8,000 crore is anticipated.
Shri Khandelwal further mentioned that large-scale Holi celebrations are taking place across Delhi and the entire country, leading to a high demand for venues. As a result, banquet halls, farmhouses, hotels, restaurants, and public parks are fully booked for Holi events. More than 3,000 Holi Milan celebrations of varying scales are being organized in Delhi alone, bringing visible joy and enthusiasm among the people. Several business, social, cultural, and religious organizations are actively hosting Holi Milan events.
Markets Fully Prepared for Holi Festivities
With Holi approaching, Delhi’s wholesale and retail markets are completely decorated and stocked. Shops are witnessing heavy footfall, especially for gulal, pichkaris, and other festive items. Holi is not just a festival of colors but also a festival of food and delicacies. As expected, sweets shops are experiencing a massive surge in sales, particularly for Holi-special gujiyas and other festive treats.
Shri Khandelwal informed that in Delhi, Holika Dahan will be held on March 13, while the festival of colors will be celebrated on March 14. Markets are already embracing the festive spirit with colorful gulal, water guns, gujiya garlands, and dry fruits filling shop displays. The increasing number of shoppers indicates a strong festive buying trend. He also noted that it is customary for people to gift dry fruit garlands along with sweets and fruits to their relatives, which has further boosted market activity.
Preference for Herbal Colors & Rising Demand for Water Guns
This year, consumers are favoring herbal gulal and natural colors over chemical-based ones. At the same time, the demand for water balloons and water guns (pichkaris) has significantly increased compared to previous years. Shri Khandelwal pointed out that markets are flooded with unique and attractive water guns and Holi items this year.
• Pressure water guns are available between ₹100 to ₹350.
• Tank-style water guns range from ₹100 to ₹400.
• Fancy pipe water guns are also trending in the market.
Children are especially drawn to water guns featuring popular characters like Spider-Man and Chhota Bheem. Additionally, spray-based gulal is witnessing very high demand among customers.
Recent Latest News
- प्रधानमंत्री श्री नरेन्द्र मोदी के नेतृत्व में सीसीएस द्वारा लिए गए निर्णयों का देश भर में समर्थन मोदी के निर्णयों के समर्थन में देश भर के व्यापारी अब नहीं करेंगे पाकिस्तान से कोई व्यापार
- Nationwide support for the decisions taken by CCS under the Leadership of Prime Minister Shri Narendra Modi Traders across the Country will no longer engage in any trade with Pakistan
- पहलगाम आतंकी हमले ने झकझोरा देश को – व्यापारिक समुदाय आतंकवाद के विरुद्ध एकजुट, प्रधानमंत्री मोदी के नेतृत्व में राष्ट्र संगठित – खंडेलवाल
- Pahalgam Terror Attack Shakes the Nation – Trading Community United Against Terrorism, Nation Stands Strong Under PM Modi’s Leadership – Khandelwal
- नेशनल कॉन्क्लेव में क्विक कॉमर्स और ई-कॉमर्स की काली सच्चाई उजागर, स्वतंत्र नियामक संस्था की उठी मांग