Overview
- The Confederation of All India Traders estimates about 46 lakh weddings between November 1 and December 14 will generate roughly Rs 6.5 lakh crore in business.
- Delhi is projected to host around 4.8 lakh weddings and account for approximately Rs 1.8 lakh crore of spending.
- CAIT says per-wedding outlays are rising on the back of higher disposable incomes, inflation in gold and silver, and strong post-festive consumer confidence, taking the total about 10% above last season’s spend.
- A CRTDS study across 75 cities reports more than 70% of wedding purchases now source domestically, reflecting Vocal for Local and Wed in India messaging and reduced reliance on imported items.
- The report anticipates broad gains for jewellery, apparel, hospitality and MSMEs, with potential creation of over 1 crore temporary jobs and nearly Rs 75,000 crore in tax revenue; these figures are CAIT projections, not official statistics.