Thursday, February 14, 2008

Diwali Dhamaka

K.K. Goyal, Marketing Head, Haldirams, avers similarly. “This festive season, we are planning to launch gift packs such as Shahi Andaaz & Diwali Dhamaka with combination of sweets & namkeens. Every year, we witness a growth of 15- 20% in sales,” he says. Others like Nirula’s have also put together exciting gift hampers, including Diwali Sparks & Hand Craft ed Chocolates to woo consumers. Contrary to age old philosophy, all that glitters during the festive season is definitely gold, even as the rush for gold & jewellery picks up amazing tempo during Diwali and Dhanteras. Both unorganized and organized jewellery manufacturers such as Tanishq, D’Damas, Gitanjali, et al witness an increase in demand despite a simultaneous rise in prices. And here’s a shake-up for those who thought that the jewellery fetish is only for the rich!

For Complete IIPM Article, Click on IIPM Article

Source : IIPM Editorial, 2007

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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