Economic Slowdown Impacting Business This Festive Season, Say Traders | Read
The economic slowdown, which has been haunting the companies for few months now, has started to dampen the festival season as well, according to traders. The usual festive mood is missing this year as compared to last year, they said. Rajesh Chedda is owner of Zeil Garments in Mumbai's Dadar area considered as the shopping hub for many Mumbaikars. The shop is a family run for last 24 years but Mr Chedda said this year the business is down and he is not optimistic about the upcoming Diwali as well.
