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
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India's wedding industry is worth over $130 billion
It's the second largest wedding market in the world, after the United States
In December 2024, the monthly SIP crossed Rs 26 thousand crore. In December 2023, it was Rs 17,610 crore, which increased by 50.25% to Rs 26,459 crore last month.
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Mahendra Lochhab
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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 40โ50 million people involved in other activities.
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Mahendra Lochhab
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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
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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
Stealthย โขย 3m
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.
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Mahendra Lochhab
Stealthย โขย 5m
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.