Festive sales a bag of mixed reaction for traders

Neeraj Bagga

Tribune News Service

Amritsar, November 3

A spectrum of traders dealing in jewellery, utensils, automobiles and others, expressed a mixed reaction to the Diwali sales.

Kanav Aggarwal, a leading automobile dealer in the city, said, global shortage of semi-conductor and chips cast its shadow on the sale of vehicles. It drastically reduced the production capacity of companies which naturally brought down the supplies of stocks to dealers.

On the other hand, Anil Jain, gold ornament and diamond jeweller, said they were adequate customers on dhanteras and they were satisfied with the quantum of sales. He added that the people bought as per their financial capacity. Sales in silver ornaments, utensils, coins and idols were impressive.

Anil Mehra, a dry fruit importer and trader, said the uncertain situation in Afghanistan forced them to import costly eatables in a large quantity. Surplus stocks kept a check in the prices of dry fruit. He pointed out that the flow of customers was less as industrialists who used to buy in bulk for gift purposes did not do so this year.

Mohinder Singh, a utensil trader, said, there was an impressive sale of dishes on the occasion of dhanteras last night. Bhandiyan wala bazaar in the walled city was teeming with people, majority of them included women. “Apart from stainless steel made utensils, people bought dishes made from bronze and brass.”