Giftex Blog

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Introducing- Giftex Good News

Dear Readers, 

Greetings from Giftex!

We hope you are safe and in a good light. 

We realise that the current situation hasn’t been something anyone of us would have expected. This pandemic has brought all of us in a phase of redefining the way we have been living and working. 

Since the last three decades, Giftex has time and again been the voice of the industry through its platform. The trust of our partners and clients empowered our vision to constantly work towards defining how buyers and sellers interact with each other. That said, we have been consistently working to build an ecosystem that helped businesses explore the best opportunities to serve their target clients and customers. 

Today, the unprecedented circumstances have left the industry in a state of shock and we realise that at such times we have a responsibility towards the industry as a platform. 

Amidst the crisis, the negativity surrounding the news about the ecosystem, economy, employment, and businesses is doing more harm than good. This needs to change!

To revive any kind of situation in a time of crisis, hope and positivity play a vital role.  Someone strongly needs to speak about the other side- The Positive Side and share a fact-based narrative that ignites hope, positivity, and opportunities in tough times.


Giftex would like to take that responsibility! 

Hence, with immense pleasure, we wish to introduce ‘Giftex Good News’– A series of positive news about the market and the industry which will aim to inspire our readers with real stories of business growth, new demand, innovation, and progress in the time of crisis.   

To begin with, let us give you a quick sneak-peak of the Good News during the pandemic that must have missed. Here is what happened among various sectors!

Gifting: An article in the New Indian Express suggested that during the lockdown the E-Gifting market got significant traction with makers introducing new forms of gifts to attack customers! 

FMGC: With the supply chain stabilising, FMGC companies report sales growth in June! 

Banking: HDFC bank loan grows 21% during the lockdown quarter.

Automobiles: The automobiles sector sees a surge in recovery with June with a significant rise in demand. 

Stock market: The stock market continues to surprise with the occasional rise and surge during the pandemic. 

Real Estate: The real estate digital sales have come up in a big way during the pandemic, quotes Godrej Properties MD, Mohit Malhotra. 

Urban and Rural markets: RGP group chairman and industrialist Harsh Goenka estimates that rural markets will bounce back better than urban industrial economy.

And many more!

 We hope these series of ‘Good News’ will inspire our readers to look at the situation with new spirit and positivity and help them adapt to the new normal with innovative approach. 

We are in this together to emerge stronger than ever!