Tag Archives: Indian wedding industry

According to CAIT, Knot Worldwide, and Global Opportunity Analysis and Industry Forecast, India’s wedding market is the second largest in the world, next to the US. The forecast expects 40 crores weddings to take place in the next 15 years. As per Wedding Wishlist, over US$50 bn Indian Wedding market is expected to grow at a 30% CAGR.

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.