Dashain sparks Madhes market boom
Summary
Dashain shopping has lifted trade across Madhes Province, with markets in Janakpurdham and other cities seeing strong demand for essentials, clothes, electronics and vehicles. Businesses, hotels, transport operators and service providers are benefiting from festive discounts, allowances and remittance-driven spending.
Key Points
- Dashain has boosted shopping and commercial activity across Madhes Province, especially in Janakpurdham and other major markets.
- Traders, chambers of commerce and industry leaders say festive discounts, allowances and remittances are driving higher consumer spending.
- Hotels, restaurants, transport, tourism and digital commerce are also seeing increased demand during the festival season.
- Nepal Rastra Bank reported remittance inflows of Rs. 215.05 billion in the first month of the fiscal year, up 21.2 percent year-on-year.