Over Rs 50,000 cr 'Made in India' Holi business expected as traders, consumers boycott Chinese goods
The Business Guardian|March 23, 2024
This year's Holi festivities are witnessing a significant shift towards 'Made in India' products, with traders and consumers actively boycotting goods manufactured in China.
Over Rs 50,000 cr 'Made in India' Holi business expected as traders, consumers boycott Chinese goods

Praveen Khandelwal, Secretary General of the Confederation of All India Traders (CAIT), highlighted the surge in demand for locally-made items, including herbal colours, gulal, water guns, balloons, sandalwood, puja items, clothing, and various other products.

Khandelwal noted that large-scale Holi events are being organized across Delhi and the country, leading to increased business for banquet halls, farmhouses, hotels, restaurants, and public parks. The anticipated surge in business during the Holi season nationwide is estimated to exceed Rs 50,000 crore, with Delhi alone expecting around Rs 5,000 crore in revenue.

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Denne historien er fra March 23, 2024-utgaven av The Business Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

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The Business Guardian

Hyundai India announces Rs 32,000 cr investment

Hyundai Motor India has planned an investment of Rs 32,000 crore in the country over the next 10 years, between 2023 to 2032, said Unsoo Kim of Hyundai Motor India during the HMIL IPO-related press conference on Wednesday at Mumbai.

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October 10, 2024
The Business Guardian

Pharma revenue to surge 8.5% YoY, driven by domestic and US niche launches

Pharma Industry revenue growth is likely to grow by 8.5 per cent (YoY) and will be driven by domestic formulations and niche launches in the US market, according to a report by Axis Securities.

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1 min  |
October 10, 2024
Gujarat CM unveils stamp honouring 25 years of Adani's Mundra Port
The Business Guardian

Gujarat CM unveils stamp honouring 25 years of Adani's Mundra Port

In a ceremony marking 25 years of Mundra Port, Gujarat Chief Minister Bhupendrabhai Patel released a commemorative postal stamp to honour the port's contributions to India's maritime and economic growth.

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1 min  |
October 10, 2024
CABINET EXTENDS FORTIFIED RICE SCHEME TO 2028, TACKLING ANAEMIA CRISIS
The Business Guardian

CABINET EXTENDS FORTIFIED RICE SCHEME TO 2028, TACKLING ANAEMIA CRISIS

The fortified rice supply initiative under TPDS, ICDS, and PM POSHAN aims to combat anaemia and micronutrient deficiencies nationwide.

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1 min  |
October 10, 2024
Auto OEMs anticipate steady growth amidst growth in 2W, PV and tractors: Report
The Business Guardian

Auto OEMs anticipate steady growth amidst growth in 2W, PV and tractors: Report

Original Equipment Manufacturers (OEM) under coverage are projecting notable growth in key financial metrics for the upcoming fiscal quarter, according to Axis Securities report.

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1 min  |
October 10, 2024
ALIEUS HEDGE FUND RAISES USD 5 MILLION IN 30 DAYS SINCE LAUNCH
The Business Guardian

ALIEUS HEDGE FUND RAISES USD 5 MILLION IN 30 DAYS SINCE LAUNCH

“The overwhelming response from global investors and the fact that companies are now competing to buy astake in our fund highlights the disruptive potential of our networking approach. We’re thrilled by the enthusiasm from investors in India, the UK, Malaysia, Singapore, Mexico, and beyond, and we look forward to further discussions with those interested in becoming part of our journey.” said Ashish

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1 min  |
October 10, 2024
India's Digikore Studios Becomes First VFX Company to Create AI-Generated Video
The Business Guardian

India's Digikore Studios Becomes First VFX Company to Create AI-Generated Video

Digikore Studios Limited (NSE--DIGIKORE), which specializes in delivering Visual Effects (VFX) for a diverse range of projects, proudly announces a groundbreaking innovation as the first VFX company in the world to create fully AI-generated motionbased video content.

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2 mins  |
October 10, 2024
Priyank Gupta leads Chaudhrana Iron Traders to unprecedented growth in Prayagraj
The Business Guardian

Priyank Gupta leads Chaudhrana Iron Traders to unprecedented growth in Prayagraj

Chaudhrana Iron Traders Chri Private Limited located at Prayagraj, operating under the brand name \"RP Gupta Loha Wale,\" announces exceptional business growth under the leadership of Priyank Kumar Gupta. The company has experienced a remarkable increase in turnover from Rs20-25 crores to over Rs 100 crores in just four years.

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1 min  |
October 10, 2024
Karnataka hosts Maldives President Muizzu, explores partnership opportunities
The Business Guardian

Karnataka hosts Maldives President Muizzu, explores partnership opportunities

On October 9, 2024, the Chief Minister's Office (CMO) in Bengaluru, Karnataka, welcomed a high-profile delegation from the Maldives, led by President Mohammed Muizzu and First Lady Sajidha Mohammed.

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2 mins  |
October 10, 2024
Congress fuels hatred, desperate for power, says PM Modi
The Business Guardian

Congress fuels hatred, desperate for power, says PM Modi

Coming down heavily on Congress, Prime Minister Narendra Modi on Wednesday accused the party of engaging in \"politics of hatred\" and desperation to regain power. He claimed that the Congress is sowing seeds of hatred in people's minds every day.

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3 mins  |
October 10, 2024