The sector is preparing for a massive increase as the indian wedding season approaches. In the next two months alone, 48 lakh marriages are anticipated in india, according to the Confederation of All india Traders (CAIT). This is expected to produce an astounding ₹6 lakh crore in revenue.
 
Indian culture places a high value on weddings, and the economics reflects this as well. The wedding industry in india is the second largest after the food and grocery sectors, with a total market value of $130 billion. Since there is less chance of rain and humidity during the winter, it is the ideal time of year for indian weddings. Important industries include jewelry, apparel, event planning, and hospitality profit from this time of year.
 
Although everyone is thrilled about the impending market boom, the middle class, which is always vying for the largest weddings, is a little concerned. To enjoy two days of celebration, many spend all of their savings and occasionally even take out loans. The industry has grown competitive not just for businesses but also for parents who are always trying to outdo their weddings so they may brag to their family. There should be a good balance even though festivities are appropriate for such a significant event.
 
 
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Indian Wedding

G GOWTHAM

08/11/2024 07:59 AM