G20 Summit in New Delhi cost local businesses a revenue loss of ₹400 crore

The G20 Summit held in New Delhi caused an estimated loss of about ₹400 crore for shops and restaurants and impacted some 9,000 delivery workers as markets and malls in the New Delhi area remained closed.

The New Delhi Traders Association (NDTA) President, Atul Bhargava, told the Economic Times that businesses in the region suffered significant losses, estimating them to be between ₹300-400 crore during the three-day closure

Traffic restrictions and the closure of markets and malls caused a sharp decline in sales for businesses both within and outside the summit's controlled zone. Dine-in and delivery orders saw a severe drop of at least 50% in Delhi, while sales in the National Capital Region (NCR) plummeted by approximately 20%.

Additionally, the summit's timing coincided with a long weekend, further exacerbating the economic impact. Lite Bite Foods Director, Rohit Aggarwal, reported a 50% decline in sales in Delhi and a 20% impact on sales in Gurgaon for their chains, including Punjab Grill, Zambar, and YouMee.