Wholesalers Cite Sharp Price Rise, Falling Demand Due to COVID-19 Pandemic
With many consumers struggling to buy even basic necessities, the sale of firecrackers for Deepavali in the city is expected to be a low-key affair this year. Parry’s Corner wholesalers say they have barely started to see sales.
âAbout five years ago we had business for 40 days. But only now we see some movement. People don’t have the money to buy essentials, and the prices of crackers have increased dramatically. The Lakshmi cracker, which sold for 100 yen a pack in 2005, now costs 350 yen. We don’t expect a lot of sales this year, âsaid Syed Ibrahim, who runs a wholesale firecracker store on Anderson Street.
TUCS points of sale
Likewise, retail sales have yet to pick up. Stores are set up in many places. The Triplicane Urban Cooperative Society (TUCS) is setting up 12 outlets this year in places such as Saligramam, Triplicane, Besant Nagar, Saidapet and Royapettah. âThis year, all of our cracker sales will be computerized. Customers will receive invoices based on the price list provided in stores. All of our crackers this year are green. Sales are expected to start from Friday, âan official source said.
Even the firecracker shops on Island Grounds have yet to open and are expected to start over the weekend. The Tamil Nadu Tourism Development Corporation rents about 3.20 lakh square feet of space to cracker stores each year. Island Grounds cracker sales did not pause last year during the peak of the pandemic. The stores, which are said to number around 50, are expected to receive around 1,000 visitors a day until November 5.
Rajendra Raja, vice president of the Indian Association of Fireworks Manufacturers, since production had been affected due to various factors including COVID-19 and the firecracker ban, they expected that the distributed products be sold this year.
Thank you CM
âIn Chennai, sales only take place 10 days before the Deepavali festival. Regarding the other states, we thank Chief Minister MK Stalin for contacting the chief ministers of other states. In Uttar Pradesh there is some delay in obtaining temporary licenses. We hope that the stocks that we sent to the wholesalers will be sold, âhe said. Regarding green crackers, he said NEERI needed to provide manufacturers with a suitable formulation for crackers. Many manufacturers have converted to green crackers, he added.