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Inflation ties heartland's wedding consumption in knots

Wedding celebrations in rural and semi-urban areas of India are being affected by persistent inflation. The rising prices of essential items are causing a decline in demand for traditional wedding items like gold jewellery and household appliances. The inflationary pressures are putting a strain on the budgets of households, particularly those with lower to mid-level incomes. Sales of jewellery, household appliances remain flat during wedding season even as people turn to gifting cash in rural, semi-urban markets. ....

Uttar Pradesh , Kamal Nandi , Vaibhav Saraf , Federal Reserve , World Gold Council , Aisshpra Gems , Wedding Consumption , Wedding Season India , Gold Consumption India , Wedding Gift ,

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. ....

Tanu Shreya , Le Magnifique , Kumar Rajagopalan , Neeraj Kumar , Chirag Sheth , Titan Co , Tribhovandas Bhimji Zaveri Ltd , Metals Focus Ltd , Retailers Association Of India , Senco Gold Ltd , Confederation Of All India Traders , Kalyan Jewellers India Ltd , Retailers Association , All India Traders , Tribhovandas Bhimji Zaveri , Kalyan Jewellers India , Metals Focus , Indians Splurge Big , Festive Season Sales , South Asian , Indian Matchmaking , Wedding Shopping , Wedding Season India , Wedding Business India , India Inflation , Jewelry Sale ,

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. ....

Wedding Business India , Wedding Shopping , Wedding Season India , India Inflation , Jewelry Sale , Tribhovandas Bhimji Zaveri Ltd , Kalyan Jewellers India ,