Weddings now $130 bn industry in India, a family spending over Rs 12 lakh on average

IANS | June 25, 2024 5:06 PM

New Delhi, June 25 (IANS) Indian weddings have always been a grand affair and now, an Indian family is spending, on average, more than Rs 12 lakh (nearly $14,500) on ceremonies which is five times the GDP per capita ($2,900) and more than three times the average annual household income of Rs 4 lakh, a new report has revealed.