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Friday 6 November 2020

Vadodara's Diwalipura fireworks market sells 10 crore firecrackers every year, only 1 crore has been sold so far this year

Diwali recession: Vadodara's Diwalipura fireworks market sells 10 crore firecrackers every year, only 1 crore has been sold so far this year


The Diwalipura fireworks market is witnessing a downturn this year

In Vadodara, 67 grounds are auctioned every year for fireworks shops, but only 7 grounds have been auctioned this year.


Traders disappointed in the Diwalipura firecracker market this year, hope to sell 6 crore firecrackers by Diwali



Fireworks are very important in Diwali, the festival of lights. There are huge fireworks to say goodbye to Diwali and to welcome the new year starting from the second day of Diwali, but the possibility of people bursting less fireworks this time cannot be ruled out due to Corona's fears. According to firecracker wholesalers and retailers, barely 40 per cent of the fireworks are likely to be sold this time. About 60 per cent of the trade was done so far. But this time around, only 10 per cent have been traded so far.




Diwalipura is the largest firecracker market in Vadodara city-district
Mohammad Naeem Kapadwala, president of the Vadodara Fireworks Market Association and involved in the wholesale trade of fireworks for years, said that Diwalipura is the largest firecracker market in Vadodara city-district on the way to Dabhoi near Vadodara.





 The market has about 240 shops, large and small. Which has 50 permanent shops. The Vadodara Municipal Corporation conducts 67 ground auction for temporary fireworks shops in Vadodara city every year, but only 7 grounds have been auctioned due to the Corona epidemic.


There are no customers in Diwalipura market

Pathara hook has to be less than 70 merchants selling cracker
has become, however, the last five to seven years divalipura fireworks market, the largest market in Vadodara district. 

Dussehra marks the beginning of the fireworks market and small and large traders from the surrounding villages as well as seasonal traders start buying fireworks for retail, but this time no traders have come to buy due to fear of corona. So far, about 60 per cent of the fireworks have been sold by traders in the surrounding villages. Was. But Corona has sold barely 10 percent of the fireworks. 


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The Corona epidemic has reduced the number of traders doing seasonal business and selling fireworks by throwing beds. It has also had an impact on the fireworks market. So our estimate is that even if the household starts a week before Diwali, more than 40 per cent of the fireworks will not be sold.



Fireworks wholesaler Mohammad Ismail Kapadwala

A maximum of 40 percent fireworks are expected to be sold by Diwali,
said Mohammad Ismail Kapadwala, a firecracker wholesaler, adding that the firecracker market is likely to be hit hard by the Corona epidemic. A maximum of 40 percent of fireworks is expected to be sold by Diwali.


 This time, the price of fireworks has gone up by only 2 to 3 percent. Last year, fireworks worth over Rs 10 crore were sold in the Vadodara city-district. Which is good if fireworks worth Rs 6 crore are sold this time. Traders who trade in fireworks all year round have sufficient stock of fireworks. This is because, 15 days after the end of Diwali, firecrackers are ordered from Sivakasi. The stock of firecrackers is sufficient, but there are no big or small traders buying against it, mainly because of Corona.



Sajidbhai Memon, a firecracker retailer and wholesaler


"My main business is wholesale kites," said Sajidbhai Memon , a firecracker retailer and wholesaler. I have been involved in the fireworks business for the last two years. Diwalipura has become the hub of the fireworks market. 


This time around, the Corona epidemic is likely to hit the fireworks market hard. By the end of Diwali, about 40 percent of fireworks are expected to be sold in the entire Vadodara city-district. Due to the Corona epidemic, this time the wholesale fireworks dealers have stopped giving goods on credit. 


This time the traders have also been forced to trade in fireworks out of fear, but, we hope, the household will be out in a week before Diwali. But, it is decided that the sales of fireworks will be less this time than last year.




Sales of fireworks will be lower this time than last year





Small traders from nearby villages are scared to do business,

said Bharatbhai Sohanda, a firecracker retailer. About 50 percent of the fireworks were sold so far last year. But, not even 10 percent of the fireworks were sold this time. Bonnie will have barely two days in the last week. Small traders from the surrounding villages did not come to buy fireworks this time as they were afraid to do business.

 Which has hit the fireworks market hard. Now as true as the fireworks sold a week before Diwali. Also, it is clear that it is not possible to sell more than 40 per cent of the fireworks.

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