New Delhi: The trading community across the country is in an upbeat mood and hoping for a much better business prospects as the next phase of wedding season has already begun from 15th January and the traders across the country including Delhi have made elaborate arrangements of stocks to meet the demand.
The wedding season has begun from 15th January and will continue till 27th June. This time there are 53 auspicious dates for wedding and as per estimates drawn by the Confederation of All India Traders (CAIT), around 70 lakh wedding will be solemnised all over the country during this period with a massive flow of about Rs 13 lakh Cr by way of wedding purchasing and utilization of various wedding related services by the people.
It is estimated that in Delhi alone, more than 7 lakh weddings will be solemnised with an estimated expenditure of about Rs 1.25 lakh Cr. Last year in the month of November- December, 32 lakh marriages were solemnised all over the country with an expenditure of 3.75 lakh crore.
CAIT National President B.C.Bhartia and Secretary General Praveen Khandelwal told CitySpidey that in this six month long marriage season which is having 53 auspicious days for marriage, about 10 lakh weddings will have an estimated expenditure of Rs 3 lakh per wedding, while in about 10 lakh weddings the cost per wedding will be around 5 lakh , 15 lakh weddings will cost 10 lakhs per marriage, 10 lakh wedding with an expenditure of Rs.15 lakh, 10 lakhs marriages will cost 25 lakhs per marriage, 10 lakh wedding costing Rs.35 lakh per wedding, 3 lakh marriages will have 50 lakhs expenditure per wedding and 2 lakh marriages with an expense of 1 crore or more amount.
Khandelwal said that in view of the good business prospects of the wedding season, traders have made elaborate preparations, as they want to continue the sentiments emanated from just concluded record business figures of wedding season of last year. Traders are keeping all arrangements up to date with them to meet the possible rush of customers.
He further said that about 20 percent of the expenditure of each marriage goes to the broom-bride’s side while 80 percent of the expenditure goes to other third agencies working in solemnizing the marriage and notably this money does not stuck but keeps rolling in the markets by way of expenditures of different kinds by the people and helps in maintaining financial liquidity in the markets.
Bhartia said that before the wedding season, a large amount of business happens in the repair of houses and paint of the houses. Apart from this, jewellery, sarees, lehenga-choli, furniture, readymade garments, clothes, footwear, wedding and greeting cards. dry fruits, sweets, fruits, worship items, grocery, food grains, decoration items, home decoration items, electrical utility, electronics and many gift items etc are usually in demand and it is expected to do good business this year.
Bhartia and Khandelwal said that banquet halls, hotels, open lawns, community centres, public parks, farm houses and many other types of places for weddings are fully prepared across the country including Delhi. In addition to the purchase of accessories at each wedding, a wide variety of services are also involved, including tent decorators, flower decorations, crockery, catering service, travel service, cab service, professional welcoming groups, vegetable vendors, photographers, Videographer, Band-Baja, Shehnai, Orchestra, DJ, horses for the procession, wagons, lights and many other types of services are likely to do big business this time.
Along with this, event management and packaging have also emerged as a big business. It has also emerged as a big business for Pandits, scholars and other knowledgeable persons who perform marriages.
Acharya Durgesh Tare, Chairman of Spiritual and Vedic Knowledge Committee of CAIT and an eminent vedic scholar from Ujjain said that according to the calculation of stars the auspicious days include 9 days in January, 14 days in February, 6 days in March, 13 days in May and 11 days in June month bringing a total of 53 auspicious days. Beside there are large number of people of different religion, sects who do marriages without having any consideration of auspicious dates.