Biggest Indian Wedding Season to hit 4.25 Trillion in a span of 23 Days
New Delhi: As the Wedding season is in full swing and all the Pandals and the wedding venues are decked up with colours, lights and flowers, traders are hoping to generate more business from the weddings scheduled to take place at this time of the year. Couples prefer to choose the best wedding venues to […]
New Delhi: As the Wedding season is in full swing and all the Pandals and the wedding venues are decked up with colours, lights and flowers, traders are hoping to generate more business from the weddings scheduled to take place at this time of the year. Couples prefer to choose the best wedding venues to mark the most important day of their lives and don’t hesitate to spend a little extra to add flavour to the festivities and ceremonies, whether it’s clothes, decoration, celebration or even gatherings. People tend to have the best food, Jewellery, attires, and decorations to make the maximum of the occasion.
Wedding season first spell from 23 November to 15 December is all set to bring cheers to trading community.@CAITIndia expects a biz of about Rs 4.25 lakh crore wedding trade this year.
About 35 lakh weddings are estimated to be solemnised during this period in #Bharat @PMOIndia… pic.twitter.com/zCrg9QW5PQ
— Praveen Khandelwal (@praveendel) October 17, 2023
The Confederation of All india Traders is likely to earn business of over 4 lakh crores this time which is seen as Huge Profit margin. The Association is looking forward to have over 35 lakh weddings in a span of 23 days from November 23 to December 15. According to the chairman of the Confederation of All India Traders, these dates ( November 24, 27, 28 & 29)in the November month are considered auspicious for weddings.
The wedding season will go on till December 3,4,7,8,9 and 15th. And of course, the wedding season will also bring lots of Shopping like Jewellery, clothes, Furniture, Gift items etc which will eventually lead to more profits for the businessmen and Traders. The National Capital is all set to organize over 3.5 lakh weddings this wedding season. The season brings hope for many traders and businessmen to earn exciting profits as people invest money in many fronts to mark their big day as a Rememberance. People usually choose the most popular wedding destination as their wedding venue like Goa, Rajasthan, Kerala and Shimla. Most couples also prefer theme weddings which also requires a decent budget.
Let’s take a look at the Rough Wedding Expenditure in India: However the budget may vary depending upon your capacity how much you want to spent.
Catering
Venue Decoration
Photography
Bridal and Groom’s Attire
Accommodation
Other expenses
Out of all the weddings, nearly 10% weddings are likely to take place in Delhi alone. According to Praveen Khandelwal, about 35 lakh weddings are estimated to be solemnised during this season. The day brings cheers to the Trading Community.