According to a report by brokerage firm Jefferies, the size of the Indian wedding industry is around Rs 10 lakh crore. This is almost double the size of the US wedding industry. However, it is smaller than China.
The Indian wedding industry is valued at $130B, which is double the size of America’s $70B market and higher than Sri Lanka’s entire GDP ($85B). The industry is split into three categories:
Industry Cycle:
Pre wedding: Services like dating app
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?
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0 replies4 likes
Shruti Beladia
Stealth • 7m
I guess wedding industry is booming , what if we can make a platform where you can select your own destination for wedding , own catering , own decoration etc we don’t need any wedding planner !!
US will require double the amount of the current electricity supply to compete with China on AI.
~ Donald Trump
1 replies4 likes
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Mahendra Lochhab
Stealth • 20d
The hotel industry in India is growing, with the market size projected to reach $31.01 billion by 2029.
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Chosen one
Stealth • 7m
Is it possible to launch a brokerage firm and outperform zerodha and groww with sufficient funding? If yes, why will traders shift platform from zerodha to us?