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There were over 8 million weddings in India in 2023, with the Indian wedding industry worth Rs 10.5 lakh crore or $130 billion, being the second largest in the world.

India's wedding industry is worth over $130 billion It's the second largest wedding market in the world, after the United States

India's retail industry is the world's fourth-largest and is expected to reach $2 trillion by 2032.

The value of mobile phone manufacturing in India was estimated to amount to 3.5 trillion Indian rupees in fiscal year 2023.

India's wedding industry is estimated to have grown to $130 billion, second only to food and groceries in terms of consumption-Jeffries report Is there any startups serving this sector?

In 2022, India's automotive industry was the world's fourth-largest by production and valuation.

India's construction material industry is a significant sector, valued at an estimated $240 billion in 2023.

That’s where you come in. Why the Wedding Industry Is a Goldmine According to WedMeGood’s 2023–24 Annual Wedding Industry Report, India’s wedding industry is booming—with the market expected to surpass Rs. 4.74 lakh crore this year alone. Photograph

In 2023, India emerged as the largest exporter of diamonds, with a total value of $18.2 billion.

In fiscal 2023-2024, the Indian wedding market reached a whopping $130 billion (around Rs 10 lakh crore), second only to the food and grocery sector in the overall $681 billion retail market.