City
Epaper

Delhi traders eye Rs1,000 crore business this New Year: CTI

By ANI | Updated: December 31, 2024 16:15 IST

New Delhi [India], December 31 : Delhi's markets are buzzing with activity ahead of New Year 2025, as traders ...

Open in App

New Delhi [India], December 31 : Delhi's markets are buzzing with activity ahead of New Year 2025, as traders anticipate business worth Rs 1,000 crore, according to the Chamber of Trade and Industry (CTI).

The festive season has drawn massive crowds to major markets across the city.

CTI Chairman Brijesh Goyal said, "The response this New Year season has been overwhelming. Markets like Kamla Nagar, Sarojini Nagar, Chandni Chowk, Sadar Bazar, Rajouri Garden, Lajpat Nagar, Connaught Place, South Extension, and Karol Bagh are witnessing packed crowds and enthusiastic shoppers."

He added that several shops are offering discounts ranging from 20 per cent to 50 per cent, significantly boosting sales. "Traders are optimistic about closing the year on a high note, with strong business figures across sectors," Goyal said.

CTI estimates that around 25,000 New Year events will take place across Delhi, including celebrations at hotels, restaurants, banquets, and entertainment venues such as DJ nights and orchestra performances.

Highlighting the employment impact of these festivities, CTI General Secretary Gurmeet Arora said, "Around 10,000 people from various fields will find work this season. This includes sectors like catering, food services, floral decorations, event management, jewelry, apparel, and gifts."

Senior Vice President Deepak Garg echoed this sentiment, stating, "The New Year celebrations are not just about shopping and events; they also provide a major boost to Delhi's economy by creating seasonal jobs and supporting local businesses."

Delhi is brimming with festive excitement as the city prepares to ring in 2025 with unparalleled grandeur. Markets are adorned with vibrant decorations, lights twinkle across streets, and traders are witnessing a surge in enthusiasm as shoppers flock to purchase gifts, sweets, and festive essentials.

The air resonates with joy, anticipation, and the aroma of delicious treats from bustling food stalls. Cultural performances and New Year's Eve events add to the celebratory fervor.

Amid this lively atmosphere, Delhiites are embracing the spirit of renewal, ready to welcome the new year with open hearts, hopes, and dreams for a brighter future.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalArtemis II crew set for splashdown after historic lunar flyby

InternationalIranian delegation led by Parliament Speaker Qalibaf arrives in Islamabad for talks with US

BusinessCommerce Ministry, Ports Department review packaging and shipping challenges amid West Asia crisis

Other Sports'Vaiball' takes over IPL 2026: 15-yr-old Sooryavanshi stuns cricket world with explosive knock

Cricket"Everyone loves him": RR skipper Riyan Parag on Vaibhav Sooryavanshi after RR's win over RCB

Business Realted Stories

BusinessTripura emerges fastest-growing economies in NE, attracts Rs 2,000 cr investment interest at Bengaluru conclave

Business4.05 lakh PNG connections gasified, not LPG: Petroleum Ministry

BusinessUltra Gas to invest Rs. 900 crores to expand LNG Infra amid West Asia crisis: MD, Maqsood Sheikh

BusinessNITI Aayog releases reports on Ease of Doing R&D​

BusinessTimely intervention cleared 90 pc cargo backlog amid Strait of Hormuz disruptions: Minister