Festivals & Events

Gudi Padwa 2021: Mumbai Jewellers Fear Local Lockdown Will Affect Over Rs 500-Crore Gold Sales on Festival Day

This will be consecutively second Gudi Padwa which will go under lockdown. Only in Mumbai's Dagina Bazar, we fear that over Rs 500-crore single-day sale of jewellery will be lost on Gudi Padwa: Kumar Jain, President, India Bullion and Jewellers Association, Mumbai, Maharashtra.

Gudi Padwa 2021: Mumbai Jewellers Fear Local Lockdown Will Affect Over Rs 500-Crore Gold Sales on Festival Day
Lockdown in Mumbai. (Photo Credits: ANI)

This will be consecutively second Gudi Padwa which will go under lockdown. Only in Mumbai's Dagina Bazar, we fear that over Rs 500-crore single-day sale of jewellery will be lost on Gudi Padwa: Kumar Jain, President, India Bullion and Jewellers Association, Mumbai, Maharashtra.

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(The above story first appeared on LatestLY on Apr 10, 2021 05:26 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).