The Confederation of All India Traders (CAIT) is expecting businesses to earn Rs.4.25 lakh crore in just 23 days of this year’s Indian wedding season. Taking to X (formerly Twitter), CAIT Secretary General Praveen Khandelwal said that between November 23 and December 15, nearly 3.5 million weddings are slated to take place and are expected to generate an impressive Rs.4.25 trillion in purchases and services.
Separately, according to IPO India, this year, the average wedding expense in India is estimated to be around Rs.5 lakh. The most popular wedding destinations in the country include Goa, Jaipur, Kerala and Shimla. “The most popular wedding trends in India include destination weddings, themed weddings, and eco-friendly weddings,” IPO India added.
The upcoming festive and wedding season will lead to an increase in demand for jewellery, sarees, furniture, readymade garments, footwear, and other accessories, according to CAIT. The next phase of the wedding season will start from mid-January and will be continued till July, it said.
