Wedding business: ready-made period.. marriage costly.. roughly 5.5 lakh crore business | Telugu News


Wedding business: ready-made period.. marriage costly.. roughly 5.5 lakh crore business

Wedding business : “Without buying gold.. without selling farms.. how can weddings happen?” This is a dialogue in the movie. This is not just a movie is exactly applicable to what is happening in real life. The wedding is not taking place in front of the house. No one is doing it.. Everything is in the function hall. Everything from Nischya Tambulam to Parinayam is a costly affair.” That's why weddings cost hundreds of years. A full meal.” The period of muhurtas began after the null months ended. It is estimated that more than 42 lakh marriages will take place across the country during this season. It is reported that more than four lakh marriages take place in Delhi itself. Traders estimate that more than 5.5 lakh crore business will be done for these wedding celebrations.

Clothing and jewelery are a must for weddings. Also, financially well-off families buy vehicles. After these, food was the most demanded in the wedding. From rural areas to urban areas, the demand for essential commodities used in cooking is huge. No need to be surprised if the prices of essentials have increased during the current wedding season. As many as 42 lakh marriages are likely to take place from the current season to July 15. In the background of these marriages, there is a possibility of purchase of various types of goods in the market up to 5.5 lakh crores.

” A lot of cash is spent on buying wedding related items. Due to this more amount of cash enters the market. Prime Minister Narendra Modi has called for those who are financially well off to have destination weddings in different parts of our country instead of in other countries. That call is also having a great impact on the people.. Due to this, the venues for destination weddings in various states are fully booked till July. Last year, the wedding season ended on December 14 across the country. Up to 35 lakh weddings were held. 4.25 lakh crore business was done based on them. “We are expecting an additional business of 1.25 lakh crore compared to the previous season,” explained Sumit Agarwal, Chief Officer of Body Cat.

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