India's 45-day wedding season to generate Rs 6.5 lakh crore, create 1 crore part-time jobs: Report
New Delhi, Oct 30
India's 45-day wedding season, starting November 1, is projected to generate an unprecedented Rs 6.5 lakh crore from an estimated 46 lakh weddings, a report said on Thursday.
Delhi is expected to contribute Rs 1.8 lakh crore from 4.8 lakh weddings, according to the study by the CAIT Research and Trade Development Society (CRTDS).
The research arm of Confederation of All India Traders (CAIT) said that the study in 75 cities revealed that spending per wedding increased, despite a nearly unchanged wedding count from the previous year.
CAIT Secretary General and Chandni Chowk MP, Praveen Khandelwal, said that the rise reflects higher disposable incomes, inflation in precious metals, and rising consumer confidence after a record-breaking festive season.
In 2024, 48 lakh weddings were held at a cost of Rs 5.90 lakh crore, compared to 38 lakh weddings at Rs 4.74 lakh crore in 2023.
The study highlights a strong shift toward Swadeshi products, with over 70 per cent of wedding-related purchases now being Indian-made -- including apparel, jewellery, decor, utensils, and catering items.
CAIT’s “Vocal for Local Weddings†campaign has substantially reduced the presence of imported goods such as Chinese lighting, artificial decor, and gift accessories, the report said.
Traditional artisans, jewellers, and textile producers are witnessing a surge in orders, symbolising the strength of India’s local manufacturing and craftsmanship, it added.
Khandelwal said that this wedding season could generate over 1 crore temporary and part-time jobs, directly benefiting decorators, caterers, florists, artists, transporters, and hospitality staff.
MSMEs in textiles, jewellery, handicrafts, packaging, and logistics will gain substantial seasonal momentum, he added.
The report estimated that the wedding season will contribute approximately Rs 75,000 crore to government tax revenues.
CAIT's sectoral estimate said that jewellery will be the largest contributor to economic activity during wedding season with a 15 per cent contribution, while apparel and sarees contribute 10 per cent.
— IANS
Reader Comments
While the economic numbers are impressive, I worry about the pressure this puts on middle-class families. Wedding expenses are becoming insane and many parents go into debt for their children's weddings. We need to promote simpler celebrations.
1 crore jobs! That's massive for our economy. As a wedding photographer, I'm already booked solid for the next 45 days. The demand for local artisans and craftspeople is incredible this season. 🎉
The shift to Swadeshi products is the best part of this story. Supporting local businesses and artisans while celebrating our traditions - what a wonderful combination for economic growth!
Delhi contributing Rs 1.8 lakh crore is mind-boggling! The wedding industry here has become a major economic driver. Good to see traditional crafts getting the recognition they deserve.
The numbers are staggering but I hope this economic boost reaches the actual workers - the decorators, caterers, and helpers who work tirelessly during wedding season. They deserve fair wages for their hard work.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.