India’s GRAND WEDDING INDUSTRY: Celebrations, Giftings, Fun and More
In India, wedding is the biggest occasion. Indians not only celebrate festivals in a grand way but also ensure to celebrate the weddings in a larger-than-life way. Not only in India but around the world wedding is considered as a one special occasion that needs to be celebrated in a special way.
The India wedding industry is growing with each passing year, every year the spends on marriages increases by 25-30%. As per business standards over 10 million weddings take place every year in India and estimated worth is $80 billion per year.
In last 10 years, the total expenditure of the most expensive wedding in India is 3392 cr; India’s most expensive wedding had spent Rs .700 cr whereas the others have spent between Rs.150 cr – 550 cr.
An average India wedding could cost somewhere between Rs. 20 lakhs to 5 cr and a middle-class family spends around Rs. 2 to 7 lakhs for the wedding. As per the research “A person in India is estimated to spend one-fifth of the total wealth accumulated in his lifetime on his wedding”.
Indian Weddings are about a lot of things; decorations, food, photography, music, invitations and a lot more; but there’s one thing that remains to be a part of every single wedding be it a small one or large one and that is ‘shagun’. In the weddings the housemates’ gifts something or the other to the guests in the form of ‘shagun’; it goes to the groom’s family, bride’s family, close relatives and at times also a return gift to all the guests. Also, the guests bring gifts for the couple as a token of congratulation/best wishes; the gifting opportunity in the wedding season is big and everyone aims at buying something different or special for the guests and relatives; and also, for the couple.
There are variety of gifting options for the wedding; there are food hampers, gift baskets, chocolates, gadgets, electronic items, antiques and a lot more. In the 70s – 80s the gifting included clothes, silver coins, gold and God idols; with time the giftings in wedding has changed. It’s always difficult to choose the perfect gifting and often people end up wandering up at places to find the perfect one.
We bring for you an event where you can explore immense gifting options and a lot more! From 3rd to 6th August, we are organising our most impactful event ‘GIFTEX’; here exhibitors from around India will be there with products from different categories. There will be 50+ exhibitors to look for and explore the gifting opportunities.
This year ‘GIFTEX’ has exhibitors in categories like personalised gifting, corporate gifting, gifting, tea, chocolates, food baskets, gift baskets, gadgets, pharmaceutical. Bags and a lot more.
The wedding season has just paused and will be beginning from 1st November; this is the PERFECT time to plan for your upcoming occasions!
Come Visit our exhibition from 3rd August to 6th August at Nehru Center, Worli, Mumbai.
Visitor Registrations for Giftex are now open, register here – https://giftex.in/giftex-registration-2022/
For any information, Contact us at 022-22075256/57/58
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