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Weddings blitz opens up a $51 billion opportunity for India

As India s wedding season approaches, millions of ceremonies are expected, offering a $51 billion boost to businesses. Despite economic challenges, increased spending on gold, clothing, and services is anticipated, with a projected 8%-11% growth in associated industries. Despite potential impacts from external factors like the Israel-Hamas war, the festive season is anticipated to contribute significantly to the economy.

Wedding Business India: Weddings blitz opens up a $51 billion opportunity for India, ET Retail

Wedding Business India: As India s wedding season approaches, millions of ceremonies are expected, offering a $51 billion boost to businesses. Despite economic challenges, increased spending on gold, clothing, and services is anticipated, with a projected 8%-11% growth in associated industries. Despite potential impacts from external factors like the Israel-Hamas war, the festive season is anticipated to contribute significantly to the economy.

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