An average Indian wedding could cost between 20 lakhs to 5 crores. A person in India is estimated to spend one-fifth of the total wealth accumulated in his lifetime on his wedding. From fashion designers, event planners, florists to caterers, you need to hire an efficient team to make your special day truly incredible.
How much does a middle-class Indian wedding cost?
From a small banquet, five-star hall to a farmhouse, the costs of venues differ. A hotel banquet venue usually costs between ₹25 to ₹50 lakhs with minimal decoration. Five-star banquets charge higher due to branding, usually above ₹50 lakhs.
How much does a rich Indian wedding cost?
The Indian wedding industry currently accounts for over Rs. 1,00,000 crores and is growing at a rapid rate of 25-30% each year. An average Indian wedding could cost between 20 lakhs to 5 crores. A person in India is estimated to spend one-fifth of the total wealth accumulated in his lifetime on his wedding.
How much money do Indians spend on wedding?
2. How much a middle-class average Indian wedding cost? It depends on person to person, but still, we look at the trend and do average, it will cost something between 20-30 lakhs INR.
Why Indian weddings are so expensive?
Indebtedness in rural India is very high due to high expenditure on two social occasions – wedding and death ceremonies. The culture (of expensive ceremonies) is so entrenched in rural communities that it makes thousands of poor fall into debt bondage.”
What is marriage like in India?
Marriages in India are between two families, rather two individuals, arranged marriages and dowry are customary. The society as well as the Indian legislation attempt to protect marriage. Indian society is predominantly patriarchal.