Featured Video Play Icon

SME Futures Explains :How festivities have changed in the times of Covid -19

rom celebrating Holi without colours, Raksha Bandhan virtually, Ganesh Chaturthi without visiting the temples and Dusshera without major get-togethers, the festive season is seeing a significant impact emotionally and economically. Consumers are adapting to digital solutions, in view of the best bargains which has given a tremendous boost to e-commerce sales.

Reports suggest that consumers will spend money on grocery and food supplies, 19 per cent on white goods and appliances, 15 per cent on smartphones and consumer electronics, 11 per cent on home renovation and 8 per cent on fashion and festive wear.

Festivities have definitely changed this year in terms of celebrations and business. With digital reviving activities, experts still believe that it would take much more than one festive season for the revival of the economy.

Expert video analysis by, Vinkesh Gulati, President – FADA, Mr. Ashok Mohanani, President – NAREDCO (MH) & Chairman, Ekta World, Saurabh Khandelwal, Owner – Dhanvi Diamonds, Mr. Achin Gupta, Country Head – India at ZOOOK, Dr. Sheetal Jain, CEO & Founder – Luxe Analytics and Manish Saini, COO, Ferns & Petals.


Related Videos

Featured Video Play Icon
IITians, other engineering students race with top commercial players at Auto
India’s automobile industry is at the cusp of a revolution, with research and development providing fuel for it. India’s premier […]
Featured Video Play Icon
Bombay Stock Exchange adopts technology to bring transparency, fairness and
The world’s 11th largest stock exchange faced a number of challenges due to its burgeoning size. The launch of trading […]
Featured Video Play Icon
#herfutures | The trendsetter of the logistics industry, Aakanksha Bhargava, CEO, PM Relocations
Aakanksha Bhargava, CEO of PMR, India’s largest packers and movers company, has been breaking the glass ceiling in an unconventional and male-dominated industry.
Featured Video Play Icon
The rise of OTT platforms in Covid 19 era
ALTBalaji, India’s leading OTT platform is witnessing an average of 17,000 new subscribers each day in Covid 19 era.
Featured Video Play Icon
Angel tax- a bane or boon for the business? SME Futures explains
SME Futures explains Angel Tax- enforced by the modi government, how does it impact business and political outcomes?