Home / Business and Economy / Diwali Crackers Skyrocket: Prices Surge 30%!
Diwali Crackers Skyrocket: Prices Surge 30%!
3 Nov
Summary
- Cracker prices have risen by up to 30% due to increased costs.
- Dealers promote eco-friendly green and low-noise crackers.
- Consumers concerned about price hikes may reduce purchases.
Fireworks dealers in Ranchi are anticipating a downturn in sales this Diwali season, with cracker prices experiencing an increase of up to 30%. This surge is attributed to escalating costs in labor, transportation, packaging, and raw materials. Dealers express concern that consumers might curtail their festive spending or reduce the quantity of their purchases in response to the elevated prices.
In response to environmental consciousness and noise concerns, a growing emphasis is being placed on green crackers and silent alternatives. These eco-friendly options feature modified chemical formulations designed to reduce emissions and omit certain harmful substances. While traditional crackers like mirchi, anar, and chakris remain popular for their visual and auditory appeal, the affordability of greener options is a key consideration for buyers.
