The $50-billion wedding market in India seems to have rebounded from the pandemic woes with 3.2 million events lined up for the November 2022-Feruary 2023, making a sharp spike from 2.5 million a year back.
Spending is also likely to reach Rs 3.75 lakh crore this season - up from Rs 3 lakh crore last year.
Ferns & Petals Venues & Weddings are expecting a 100 percent growth for the sector this year, and Founder and MD Vikaas Gutgutia told CNBC-TV18 that the recovery is evident across segments.
“Wedding season is not only back, its back with a bang! This is one sector which affects everybody, so we think it will be larger than pre-pandemic times. Everybody has been locked in their houses and it is time to open up,” he said.