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.
In 2023, the Indian wedding industry was the second largest in the world, with over 80 lakh weddings and an estimated value of $130 billion. It's also India's fourth largest industry, with an estimated value of Rs 4.74 trillion in 2023, a 26.4% incre
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.
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Mahendra Lochhab
Stealth • 1m
India expects 48 lakh weddings in the next two months; may generate Rs 6 lakh crore in business: CAIT
India's textile industry is the country's second largest employer after agriculture, and employs up to 10.5 crore people. It also supports livelihoods for 5.8 million cotton farmers and 40–50 million people involved in other activities.
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Mahendra Lochhab
Stealth • 4m
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.
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Jeet Sarkar
Stealth • 7m
The National Highways network increased by 60% from 91,287 km in 2014 to 1,46,145 km in the year 2023.
India has about 66.71 lakh km of road network, which is the second largest in the world after us.
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Mahendra Lochhab
Stealth • 1m
India's fertilizer industry has grown consistently since 2014, with a 9.6% increase in production in 2023. The industry is expected to grow to a market size of Rs 1.38 lakh crore by 2032.
1 replies4 likes
Mahendra Lochhab
Stealth • 3m
Digital payments are growing: In FY 2023-24, digital payments in India were valued at Rs. 2,428 lakh crores, up from Rs. 1,370 lakh crores in FY 2017-18.
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Ashutosh Mishra
Stealth • 3m
Direct Tax collections for FY 2024-25 as of 17 September, 2024
Net Collections, YOY comparison
Corporate Tax : ₹4.53 lakh crore, up 10.5%
Personal Income Tax : ₹5.15 lakh crore, up 18.8%
STT : ₹26,154 crore, up 96%
Other Taxes : ₹1,812 crore, up
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Mahendra Lochhab
Stealth • 20d
The central government has collected GST of ₹ 1.82 lakh crore in November 2024.
This GST collection is 8.5% more than the GST collection in November last year.
In November 2023, the government has collected GST of ₹ 1.68 lakh crore.