How Much Did UP's Farrukhabad Trade on Dhanteras?
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Synopsis
Dhanteras in Farrukhabad saw a remarkable trade of Rs 10 crore, with a surge in bike sales and bustling markets. Shoppers eagerly purchased jewelry, vehicles, and utensils, capitalizing on festive discounts. The atmosphere was electric as local businesses thrived, setting the stage for a vibrant Diwali season ahead.
Key Takeaways
- Farrukhabad saw record sales of Rs 10 crore on Dhanteras.
- Over 1,000 bikes were sold, with significant discounts encouraging purchases.
- Jewelry and utensils were popular purchases among shoppers.
- Reduced GST rates contributed to lower prices, enhancing customer satisfaction.
- Local businesses anticipate continued success as Diwali approaches.
Farrukhabad, Oct 19 (NationPress) The Dhanteras festival, which heralds the onset of the Diwali celebrations, transformed local markets into lively hubs as eager shoppers flocked to jewelry stores, auto dealerships, and other retail outlets to buy gold, vehicles, and cookware.
This year, Farrukhabad in Uttar Pradesh recorded unprecedented sales in the two-wheeler market, with customers taking advantage of exciting discounts at auto showrooms.
Local merchants reported that the district achieved a remarkable turnover of approximately Rs 10 crore. From dawn until late at night on Dhanteras, shoppers crowded the markets, purchasing jewelry and utensils to enhance the festive spirit.
The recent reduction in GST rates led to lower prices, further delighting customers as they secured attractive deals on a variety of products including gold, silver, cookware, and vehicles.
Shoppers bought everything from everyday utensils to elegant dinner sets, as well as gift packs for family and friends.
Sadhna, a shopper at Chowk Bazaar, noted that while the crowds slowed her journey to the market, she successfully bought steel utensils. Another shopper mentioned that despite the bustling atmosphere, she still managed to purchase a dinner set, although it took longer than expected.
The local vehicle market experienced heightened activity on Dhanteras, with auto showrooms filled with customers from early morning. Estimates suggest around 100 four-wheelers and about 1,000 bikes and scooters were sold throughout the district, with Hero bikes being the top seller, totaling over 400.
Additionally, approximately 300 TVS bikes were sold, while brands like Bajaj also enjoyed strong sales.
The GST adjustments resulted in price reductions of Rs 5,000 to Rs 15,000 for bikes, attracting more buyers.
In the bullion market, there was a noticeable demand for old silver coins and light gold jewelry, while the electronics sector saw a surge in LED sales.
Bullion traders Anupam Rastogi and Shivang Rastogi remarked on the vibrant atmosphere created by the influx of customers.
This year's Dhanteras significantly boosted local commerce, and merchants anticipate ongoing vibrancy as the Diwali festival approaches.
Point of View
I observe the remarkable economic activity during festive occasions like Dhanteras. The enthusiasm of consumers and the resultant boost in local economies reflect a positive trend that we should continue to nurture. Such events not only promote commerce but also strengthen community bonds.
NationPress
19/10/2025
Frequently Asked Questions
What is Dhanteras?
Dhanteras is a festival celebrated in India that marks the beginning of Diwali. It is a day dedicated to purchasing precious metals and new things to bring prosperity.
Why were bike sales high in Farrukhabad?
Bike sales surged in Farrukhabad due to attractive discounts and the festive spirit of Dhanteras, encouraging consumers to make purchases.
How much turnover was recorded in Farrukhabad during Dhanteras?
Farrukhabad recorded a turnover of approximately Rs 10 crore during Dhanteras, reflecting the vibrant shopping activity.
What products were popular among shoppers?
Shoppers purchased a variety of items including jewelry, vehicles, utensils, and electronics, taking advantage of festive discounts.
What role did GST reductions play in purchasing?
Recent GST reductions led to lower prices on various products, enticing consumers to buy more during the Dhanteras festival.
