Big fat Indian weddings: A peek into the Rs 2 lakh crore industry

By CNBC-TV18 Travel Desk CNBC-TV18.com Published April 26, 2024

[{"selector":"#anim-1dc5bff0-fb72-4d0b-ab38-d4ffe28999c3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Around 1.2 crore marriages are held in India each year with an average 200-500 guests attending receptions. The population in India is young, with a median age of 29 years. This demographic dividend would give a boost to the wedding industry. Let's take a peek into the Rs 2 lakh crore Indian wedding industry.

[{"selector":"#anim-1af1e10d-a155-4e1e-a917-17b7ccead752 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.868525640762189%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Number of Indian marriages in a year: 1.2 crore

[{"selector":"#anim-39c1936d-f129-4177-a8d6-d2524875b98c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Gold and Diamond jewellery market worth: Rs 90,000 crore

[{"selector":"#anim-aee7502c-7896-4ed6-80e8-3ae600428515 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.89062474400788%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Apparel market (wedding) worth: Rs 50,000 crore

[{"selector":"#anim-7011f919-6603-4b5c-a8d2-9cbc68dcad76 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-12.84722210844793%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Durable goods market worth: Rs 30,000 crore

[{"selector":"#anim-9ae87ac2-43cb-4bc3-a41c-0ee2c10a2d47 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Hotels and wedding venues related market: Rs 7,000 crore

[{"selector":"#anim-e2f10edc-e8b3-4c50-bac6-cc52ae175a9f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Pandal and venue decoration market: Rs 10,000 crore

[{"selector":"#anim-c57a7395-bd93-42c5-8618-7acdab2ed20a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-26.529381679543214%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Wedding invitation card market: Rs 10,000 crore

[{"selector":"#anim-00de0375-f4d8-4b1e-81e0-b97fc2585816 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Bridal Mehendi market in India: Rs 5,000 crore

[{"selector":"#anim-10134ef8-0623-4a63-8724-7ed744d1ddc5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Entertainment/Music groups: Rs. 1,000 crore

Photography/Videos: Rs. 1,500 crore Others items: Rs. 5,000 crore

[{"selector":"#anim-97946728-176d-4493-9f9c-a917cebc71ca [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0, -3.9733905873070676%, 0) translate(0%, -25%) scale(1.5)","translate3d(0, 0%, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Total Indian wedding market is of worth: Rs 2,09,500 crore

[{"selector":"#anim-9d210554-c2f2-44a2-a5fd-8c022c96a44b","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] Thanks For Reading! Quit smoking: Foods that aid in nicotine withdrawal Read More