There is absolutely no interest among corporates to indulge in such expenses this season. The few that are going ahead with it are doing so only because it has become an annual ritual now and they cannot avoid it," said Santosh Gupta, marketing manager of Attal Gift Solutions, Abids, adding, "As a reason, the cheapest gifts like wall hangings and stationery products are in maximum demand this time." In fact, these manufacturers guess that many would also be settling for sweet packets to keep their gift budgets low this festive season.

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