mint – 10 Nov 21
Over 25 lakh weddings anticipated to generate ₹3 lakh cr in only one month: CAIT
In Delhi alone, CAIT expects over 1.5 lakh weddings, that may generate enterprise price ₹50,000 crore
From November 14th until December thirteenth, Over 25 Lakh weddings are anticipated!!! paisa hello paisa hogaaa
However will it generate 3 lac crore as they’re saying? I dont assume in order common right here is taken into account as 12 lacs per marriage? is it psbl
Ofcourse , however all receipts are money , so don’t anticipate something
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I feel these numbers is smart and it may very well be extra !. Good for the small and unorganized sector . Pandemic has actually hit them onerous.So signal of aid for them
mint – 30 Mar 22
Almost 40 lakh weddings to be held until July, merchants anticipate ₹5 lakh crore biz
Removing of covid restriction has helped and can encourage the enterprise group to make elaborate preparations for marriage ceremony items to satisfy the demand.
About 40 lakh weddings might be solemnised throughout the nation between mid-April and early July, with merchants anticipating a large enterprise of about ₹5 lakh crore.
Nice information for each formal and casual economic system.
Hmmm, some missed Alpha proper right here. If solely I might go to Legislation College and nook this vibrant divorce market. I imply… The way you gon’ misinform the lawyer? However I suppose I’m too previous to use now. So idk… Oof ?
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hahahahaha. We’re by no means too previous to do one thing nice
The subsequent marriage ceremony season is not far away and the figures don’t shock me anymore. We’re such an enormous inhabitants. We are able to anticipate to attend a minimum of 10 weddings per season.
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Final monday (twenty eighth March) – It was PVR & INOX
Yesterday (4th March) – it was HDFC Financial institution and HDFC
Seems to be like we’re having marriage ceremony season in Indian Markets too.
#Ahead
Indians spend a big a part of their financial savings on weddings. Whereas this does present quick time period employment and gig alternatives to many staff, it additionally units again the households by fairly a bit financially. I feel a steadiness must struck between spending and saving in such a matter.
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A mean Indian makes 91,000 per 12 months in India..
However the identical common Indian spends a minimal of 20,00,000 for a marriage
This sector was and would be the subsequent large factor
Here is a breakdown:
Good thread on how large the Indian marriage ceremony market is…
How this impacts inventory market instantly or not directly ?If sure then please clarify , If no then this data is ineffective for merchants.
tradersmantra:
inventory market instantly or not directly ?
will increase gross sales of many merchandise offered by listed firms.
ex –