As wedding season approaches, India’s retail sector is also gearing itself up for a surge in its economic activity. As per reports, in a India, where weddings kicks off this giant festivities, this year it is estimated to bring a ehopping Rs 5.9 trillion into the economy.
A Wedding Bonanza: More Celebrations Than Ever
As per Confederation of All India Traders (CAIT), in the month of November and December this year, it is expected to be one for the record books, with an estimated 4.8 million weddings planned across the country.
This potential numbers also highlights about a significant surge from last year, which saw around 3.5 million weddings generating Rs 4.25 trillion in business.
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But what makes this year different?
The answer to this lies in the auspicious wedding dates. This year, as per reports there are 18 lucky dates compared to just 11 last year, opening up more opportunities for couples to tie the knot.
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According to Acharya Durgesh Tare, Convenor of CAIT’s Veda and Spiritual Committe, this wedding season include key dates in the month of November such as 12, 13, 17, 18, and several in December. After a brief pause following December 16, weddings will continue into mid-January and last until March 2025.
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