Diwali sales News

Amazon announces its Diwali season sales. Samsung and iQoo are the sponsors of the Amazon Great Indian Festival sale. Flipkart will give steep discounts on some "Big Billion Day Special" products.

CAIT has said that sales during the Diwali festive period jumped by over 10% year-on-year. CAIT said that sales during Diwali festive season increased to more than Rs 72,000 crore. CAIT members include retailers who sell a host of items, including electrical items to furniture and footwear.

CAIT on Sunday said the sales during the Diwali festive season jumped to as high as Rs 72,000 crore. It is expected that Chinese exporters suffered losses with Rs 40000 crore this Diwali season. It is to be noted that CAIT had issued a call to boycott the Chinese products.

Amid boycott of Chinese products, traders record 72,000 crore sales on Diwali: CAIT The business was carried on during this year's Diwali with no Chinese goods on sale. The CAIT said that the robust sale indicates good business prospects in future.

Campaigns calling for boycott of Chinese products have impacted sales of those items by up to 40 percent here with many people preferring to buy India-made products only during their festive shopping.

As part of its 'Diwali With Mi' sales festival, Chinese tech giant Xiaomi is selling its latest flagship smartphone, Redmi 3S Prime for just Rupee 1 via a flash sale.

Xioami says it sold over 5 lakh smartphones in less than 72 hours (October 1-3) during the festive sales carried out on ecommerce sites Flipkart, Amazon and Snapdeal.

The online marketplace, which kicked off its sale earlier this month much like its rivals Flipkart and Amazon, said 70 percent of the orders came from its mobile website and app.