How much India earns during Ganpati festival? Lord Ganpati Saves India’s economy every year, What nonsense!! , Yes ,yes we all agree that during Ganpati our cities shine brightly There is a new liveliness in every house. We meet our friends and eat a lot of food. But what is it connection with India’s Economy ?Let’s understand through this amazing blog that in these 10 days of Ganpati How much India earns during Ganpati Festival?
Table of Contents
What is the total Turnover of Ganpati Festival?
Ganpati is one of the most popular festivals in India. Ganpati Bappa not only rules our hearts, he also
runs Indian economy, India’s turnover during Ganpati festival is approximate 2-3 lakh crores. Considering a businessman’s perspective we can understand the economic impact of festivals. Festival may be
holiday for us, but for businesses, it is a high growth period. Festivals are called India’s Economic
driver because they give birth to a concept called ripple effect.
What is ripple effect?
Ripple effect simply consist of three terms and they are
1)Consumption Boom
2)Seasonal employment
3)Export income
4)Capital investment
Why do we celebrate 10 days of Ganesh Chaturthi?
Ganesha is thought to have been born on the fourth day of the bright phase of the lunar month of Bhadra (August-September). On the tenth day of the celebration, followers transport the Ganesha idol, accompanied by music and dancing, to immerse it in water. This event is referred to as Visarjana.
Ganpati bappa is the god of prosperity and his power is seen during the Ganesh festival as an economic activity. You won’t believe it , but in the 10 days of Ganpati, only in a city like Mumbai, there is an economic turnover of 1 lakh crores.
How much Mumbai earns during Ganpati Festival?
To put things in perspective , IPL in India’s biggest sporting event and during IPL, there is a business of 15000 crores. Imagine 15000 crores of IPL, which runs for 2 months, and 1 lakh crore for Ganpati and such a big number is quite justified. Suddenly, the demand for traditional clothes increases whether it’s s saree or kurta. people rush to meet their families with new clothes and jewellery and while going to someone’s house , you can’t go empty handed. There are only three industries that is textile, jewellery and sweets, which rule during Ganpati festival, 30% consist of textile sales, 25% in jewellery and 40 in sweets. Not just us, Ganpati Bappa also like sweets
Why Lalbaugcha raja is famous?
The renowned Lalbaugcha Raja idol in Mumbai is famous for its impressive height and intricate design. What makes this idol unique is that it is traditionally made without any commercial motive. The craftsmanship behind this idol is a well-kept tradition, handed down through generations of skilled artisans who pour their devotion and precision into every detail.The story of Lalbaugcha Raja begins in the early 1930s, when local devotees created the first idol. Over time, it has evolved from a modest offering into one of Mumbai’s most visited and revered Ganesh idols.
Why Modak is offered to Lord Ganpati?
Modak is an sweet specially famous in Maharashtra whose main ingredient is coconut.If you look at the data of a city in Pune, in just 10 days,35 lakhs coconut are sold.If the demand is high ,the prices also increase.
The data from 2010 says that the coconut market in Pune turned over 1.8 crores in just 10 days. Imagine, 1.8 crores!!! how amazing it is and this data is 14% years old.
How many idols of Ganpati are sold every year?
In Raigad,Maharashtra there is region named PEN.Here, Ganpati’s statues are made in many factories.More than 2000 sculptors make Ganesh idols with their art. Do you know how many? 30-35 lakh statues That too every year.
In Raigad, Maharashtra there is region named PEN. Here, Ganpati’s statues are made in many factories. More than 2000 sculptors make Ganesh idols with their art. Do you know how many? 30-35 lakh statues That too every year.
How much flowers business is generated during Ganpati Festival?
In the Nashik’s Panchavati flower market, where 20 tonnes of flowers are sold in normal day.Nashik consumes 20 tonnes, that is 10 fully grown rhinos in one day, and this is a normal day, not a festival.
During Ganpati Marygold, Shivanti, Parijat, Jasmine , and Bappa’s favourite sales double. If we do a little math, In one city of Nashik, 200 rhinos worth flowers are sold in 10 days, That’s crazy.
How much export income India gets during Ganpati Festival?
Today, India’s large population have settled abroad. People who have gone out for work.This festival is a good opportunity to meet their families and connect with their soil.It creates opportunities for export income for Indians and it becomes the third link our Ripple Effect. Every year,India receives 100 billion dollars as remittances.This is the money sent by those people who work abroad.But they have not forgotten their families yet.This money is important for India.Also, NRI’s interest in India is important for India.Because during Ganpati, exports also increase.
In countries like UK, USA, and Australia , from sculptures to desi sweets and Namkeen are also exported. Do you know? India is the largest Namkeen exporter. China and Spain come second and third.
Which sweets are most exported from India?
India is the biggest exporter of sweets in the world. Sweets like Bhakarwadi, Mango Burfi, Haldiram’s Bhujiya and Orange Barfi are on of the most exported products in the country.
Why people buy new things during Ganpati Festival?
In India , people believe in auspicious buying. No matter, what the marker rate is , if you buy something on a good day, everything will be good. Real estate companies launch offers for buyers. People take housing loans. So, the demand for loans in the banking sector increases. Economic Times says Ganesh Festival is no less than a bull run for the auto industry. Last year in the 10 days of Ganpati Festival 1,24,004 four wheelers and 4,67,002 two wheelers were sold.
How Ganpati Festival Generates Employment?
In India ,the truth is that no company , no government can generate jobs for all of us. Every year, 20 million jobs are needed and we can only create 5 million new jobs. The remaining 15 million people are not going to get jobs, This is the truth of India. But during Ganpati, everyone is busy, productive, everyone has some work.
On a small scale, every activity makes an economic impact. From flower vendors to real estate, from sculptors to e-commerce, in every area, lord Ganpati leaves his mark and this is blog is the answer for How much India earns during Ganpati festival?
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