Rs 3 Crore Bonanza: Ranipet's Special Diwali Goat Market Bustles
Over 10,000 livestock sold at the special Ranipet Diwali goat market in Tamil Nadu, with business turnover reaching approximately Rs 3 crore.
As the festive spirit of Diwali takes hold across the country, the Ranipet Weekly Market grounds in Tamil Nadu have transformed into a hub of high-stakes livestock trading. A special Ranipet Diwali goat market was organized to meet the surging festive demand, resulting in a massive business turnover of approximately Rs 3 crore.
A Sea of Livestock and Buyers
The market, which traditionally hosts livestock sales every Friday, saw an unprecedented surge in activity this week. More than 10,000 goats and sheep were brought in by traders from various corners of Tamil Nadu and neighboring states. The influx included livestock from districts such as Vellore, Tirupattur, Chengalpattu, Tiruvannamalai, and Kanchipuram.
Matching the supply was an equal surge in demand, with over 10,000 visitors—ranging from professional livestock traders to local residents—thronging the grounds to secure animals for the celebrations.
Price Points: From Budget to Premium
With the festival approaching, prices saw a significant uptick, varying widely based on the animal's size, weight, and overall quality. While some goats were sold at a modest Rs 5,000, premium animals fetched prices as high as Rs 1 lakh.
Traders at the scene noted the diversity in pricing:
- Standard pairs: Ranging from Rs 10,000 to Rs 20,000.
- High-quality pairs: Ranging from Rs 25,000 to Rs 30,000.
- Individual sales: Often falling between Rs 8,000 and Rs 35,000 depending on the buyer's requirement.
Voices from the Market
The atmosphere was one of optimism and cheer. One trader highlighted that the sheer volume of animals brought to the market ensured a healthy turnover, suggesting that buyers could still find reasonable prices despite the festive rush.
Vijayakumar, an auto driver from Anandalai village who regularly visits the market, observed the distinct difference this week. He noted that he uses his auto-rickshaw not only to travel to the market but also to transport the goats back home. According to him, the crowd was significantly larger than usual, with people buying animals both for rearing and for meat.
Another trader from Kaninur echoed this sentiment, stating that the approach of Diwali had encouraged active buying and that the sales process had been seamless, contributing to the overall festive mood.
"The market is seeing good prices today... With Diwali approaching, people are showing great interest and buying actively. Everything is going well," shared a trader from Kaninur.
The combination of high footfall and strong demand has ensured that the special market was a resounding success, bringing significant financial gains to the livestock traders of the region just in time for the festival.