![]() Today everyone is making money out of marriages, be it from entertainment to décor, beauty clinics, cosmetic giants, travel, tourism and even matrimonial web sites. ![]() If as many as one crore marriages are solemnized in the country annually, the Indian marriage market bags around Rs 1 lakh crore to Rs 300,000 crore each year. It is expected that the marriage market will further flourish over the next five to ten years. The total consumption thus comes between 300 to 400 tons annually. An average 30 to 40 grams of gold, one of the auspicious elements in Indian wedding is spent in every marriage across the country. With about one marriage per family every 20 years, the country averages roughly 10 million marriages every year. If we estimate the current population to be around 1.25 billion and considering an average family with five members, there are around 250million families in India. With each passing year, it is seen that the basic traditional look is fading away and a more corporate look is picking up. Bridal Mehndi cost: Between Rs 1000 to Rs 5000.Bridal make up cost: Between Rs 5000 to Rs 50,000.Wedding invite cost: Rs 500 to Rs 1500 per card.Designer shervani cost: Rs 15,000 to Rs 40,000.Bridal designer saree/lenhga cost: Between Rs 10,000 to 50,000.Bridal Mehendi market in India: Worth Rs 5000 crore.Wedding invitation card market : Worth Rs 10,000 crore annual.Wedding cost in metropolitan cities: Between Rs 25 lakh to 70 lakh.Goa wedding cost: Between Rs 1 crore to 1.5 crore.Favorite honeymoon destinations: Goa, Jaipur and Udaipur.Pandal and venue decoration market: Worth Rs 10,000 crore.Hotel and other wedding related market worth: Rs 5,000 crore market.Durable goods market worth: Rs 30,000 crore.Apparel market (wedding) worth: Rs 10,000 crore.Gold and diamond jewellery market worth: Rs 60,000 crore.Indian wedding market worth: Rs 100,000 to Rs 110,000 crore.of Indian marriages in a year: Approx 1,00,00,000 An estimated cost of wedding with no expenses spared may vary from 5 lakh to whooping Rs 5 crore in the country. The current Indian wedding industry is over Rs 100,000 crore and advocates a growth of to 30 per cent annually. It is instead good news for the retailers and associated players because of the tremendous business opportunity that comes along every year. It has become a trend and possibly a compulsion today. ![]() Well, with each passing decade, Indian wedding is getting grandeur. Every manufacturer and retailer involved with marriage market eagerly waits for the wedding season in India to boost their business. When it comes to wedding in India, people do not mind spending at all. ![]() The Indian wedding industry is huge and interestingly the market never drops or goes negative. ![]()
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