The big fat Indian wedding season is here. It is that time of the year when it feels like everyone you know is getting married. There is no escaping those beaming faces of the bride and groom on your social media.
The Indian wedding market is booming and is only set to get a boost this season. From apparel to jewellery, several sectors have started reporting a positive impact. Let’s take a closer look.
Weddings are a celebration of love and no one does it better than Indians. India sees around one crore weddings every year, making its wedding industry the second-largest in the world, as per Financial Express. The current wedding season, which began on November 12, has 47 auspicious dates.
The first phase will have 18 auspicious days until December 16. The second round of weddings will begin from January 16 and continue until March. The traders’ body Confederation of All India Traders (CAIT) predicts that 48 lakh ceremonies will occur in just the first phase of the wedding season, contributing nearly Rs 6 lakh crore to the nation’s economy.
Delhi alone is likely to host 4.5 lakh weddings, generating an estimated business of Rs 1.5 lakh crore this season.
According to Times of India (TOI) , Kolkata and surrounding areas are looking to hold 60,000 ceremonies this wedding season. Industry experts and trade organisations say the city could witness a business of Rs 65,000 crore, a 35 per cent rise from the last season. The big fat Indian wedding season is expected to provide .