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Indian wedding industry earns ₹3.75 lakh crore in Nov-Dec, across 32 lakh weddings

The Indian wedding industry made ₹3.75 Lakh Crore in November and December, across 32 Lakh Weddings, revealed ICICI Direct.com. This is more than the auto market in India and much larger than the reserves of many countries. The 4 businesses that benefit from the great indian wedding industry are hotels, jewellery, apparel and durable goods, it highlighted.

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Swosti Group to unveil first five-star premium luxury beach resort- Swosti Premium Beach Resorts- at Puri in early 2024: JK Mohanty

J K Mohanty, CMD, Swosti Group, has said that Swosti Group is soon unveiling the first five-star premium luxury beach resort Swosti Premium Beach Resorts at Puri, which have been permitted to go up to 13 floors. “The work is going on in full swing and the resort will be inaugurated by Honourable Chief Minister of Odisha in early 2024,” he said.

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No need for copyright music license at weddings in Rajasthan; industry lauds move

Rajasthan Police has said that no license will be required by hotels and wedding venues in the state to play music to avoid violation of Copyright Act at any social function, including weddings. MP Bezbaruah, Secy General, HAI has called it a welcome move, while Rajeev Jain, Founder & MD, Rashi Entertainment, has said that money was being illegally extracted by some unauthorized associations and this move will help the industry.

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IHG to add 42 hotels to its portfolio in India in the next 2-3 years: Sudeep Jain

Sudeep Jain, MD, SWA, IHG Hotels & Resorts, has revealed that in the next 2-3 years, they plan to add another 52 hotels in South-West Asia, out of which 42 hotels will be added to their portfolio in India. “We also see potential of debuting our global brands such as Regent, Kimpton, Voco and the recently launched Vignette Collection, at the right time with the right partners, at the right location,” he claimed.

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