India’s diwali festive shopping boom set to push retail trade beyond ₹7 lakh crore

India's retail sector is witnessing a major surge in consumer spending as Diwali shopping reaches its peak. From traditional markets and bustling bazaars to shopping malls and e-commerce platforms, the festive spirit of Diwali is driving a significant rise in retail activity across India.

According to the Confederation of All India Traders, festive trade from Navratri to Diwali in 2026 is estimated to cross 7 lakh crore, marking a growth of 15 to 18 per cent over last year’s turnover of 6.05 lakh crore.