Liquidity crunch robs markets of Diwali sheen

Ahmedabad | Sunday | 15th October, 2017

Summary:

FESTIVE LOSSESFootfall is down by 50 per cent in the retail market for electrical products, travel sector and food sector. Footfall is down by 50 per cent in the retail market for electrical products, travel sector and food sector. Cash crunch has hit the Diwali market in a negative way, said local players. Ïn the run-up to Diwali, the business has not taken the way it used to. The business is down by about 20 per cent as of now," said Murli Agarwal, president of Ahmedabad Mithai Farsan Association..