Around 1.2 crore marriages are held in India each year with an average 200-500 guests attending receptions. The population in India is young, with a median age of 29 years. This demographic dividend would give a boost to the wedding industry. Let’s take a peek into the Rs 2 lakh crore Indian wedding industry.
Number of Indian marriages in a year: 1.2 crore
Gold and Diamond jewellery market worth: Rs 90,000 crore
Apparel market (wedding) worth: Rs 50,000 crore
Durable goods market worth: Rs 30,000 crore
Hotels and wedding venues related market: Rs 7,000 crore
Pandal and venue decoration market: Rs 10,000 crore
Wedding invitation card market: Rs 10,000 crore
Bridal Mehendi market in India: Rs 5,000 crore
Entertainment/Music groups: Rs. 1,000 crore
Total Indian wedding market is of worth: Rs 2,09,500 crore
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