Economy News

Indian Jewelers more than excited on this Festive Season

Dussehra is already over now people are eagerly waiting for Diwali and Dhanteras in November.

There was a good number of sales happened in the week of Dusshera and now the jewellery shop owners can’t wait for Diwali.

Indian jewellers are very much happy and now they are deciding to stock the jewellery.

The supply started to make its way into Singapore and Hong Kong as dealers navigate around COVID-19 also.

Aditya Pethe, director at Waman Hari Pethe Jewellers. said that retailers are also trying to manage the huge prices.

Zvika Rotbart, South East Asia business development executive at J. Rotbart & Co. said as everybody have to adjust with the new normal people are getting back to work.

He also said the flights are not properly working and because of that there is an extra we have to pay for shipping.

Lot of demand of the jewellery id from India and China and because of the restrictions mostly people are not allowed in Singapore.

Fewer supply disruptions and weak demand over the past month have led to increased supply.

The people are very excited to shop for Diwali.

And more than happy is the jewellery shop owners because their business is going to flourish this festive season.

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