Weddings in India – The financial dimensions

The Indian wedding industry is worth a jaw-dropping $130 billion—double the size of the U.S. wedding market and nearly 1.5 times the GDP of Sri Lanka. With over one crore weddings happening annually, the average family spends twice as much on a wedding as on education, showcasing the cultural and emotional significance of these grand celebrations.

But here’s the question: How do you balance creating the wedding of your dreams with financial security, especially when unexpected costs can quickly spiral out of control?

In this episode, we tried to understand the financial dimensions of Indian weddings and discuss:

• The cost spectrum of Indian weddings, from ₹30 lakhs to ₹35 crores.
• Emotional and social pressures that drive overspending.
• Real-life budgeting challenges and surprises.
• How inflation has tripled wedding costs in recent years.
• Smart post-wedding financial planning tips.

Watch full conversation with Pratik:https://youtu.be/E5LPpIdj-o4?si=LHoJ17VgrwPZEsvF

*Disclaimer: Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Registration granted by SEBI, membership of BASL and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Quotes or authorisations in this podcast are provided solely for educational purposes and relate to third-party products.