Festive Shopping Set To Smash Records? CAIT Chief Praveen Khandelwal Explains

Festive Shopping Set To Smash Records? CAIT Chief Praveen Khandelwal Explains

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Sakshi Batra
  • Updated Oct 14, 2026 4:31 PM IST

 

India’s festive economy is gearing up for a record shopping season! The Confederation of All India Traders (CAIT) projects festive trade of over ₹7 lakh crore from Navratri to Diwali, with sales expected to grow 15–18% over last year. In this exclusive conversation, CAIT Secretary General Praveen Khandelwal explains what is driving consumer sentiment despite rising wholesale inflation. From grocery and gold to electronics, garments, gifts and packaging, discover which sectors could benefit most. Khandelwal also discusses the challenges facing small traders amid deep e-commerce discounts, the impact of market disruptions in Delhi, and the significance of the UPI merchant discount rate (MDR) decision. Will India’s festive shopping boom deliver a major boost to business sentiment and the economy? Watch the full conversation.

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