There are many valid reasons available in our country to do celebrations at a single unique place. Out of all reasons, a wedding is one of the most interesting mediums among all. It is because based on this medium multiple families get in connection with each other. Another big reason behind this medium is that this medium helps to create large revenue in the Indian market. Due to this valid reason, people come outside for shopping purposes. This big event is associated with multiple segments. Likewise, those people who want to celebrate their young ones' marriage have to invite their close ones and friends. For that celebration party, people use to book wedding gardens and stay rooms at a single place. Due to this big event, people invest in multiple segments like new clothes, shoes, jewelry, events, food caterer and stay purposes.
All wedding event industries combine and trigger a boost to the Indian economy. Almost more than 10 million weddings take place every year in India. With a projected annual growth rate of 25 to 30 per cent, the Indian destination wedding industry is expected to reach a market size of 45000 Crores by 2020. The key to this big event is that it will connect all segments and create a healthy relationship with each other. Those guests in this social event have to book bus, train and flight tickets in advance. So indirectly the travel and tourism segment is also associated with this wedding event. In other words, we can say that the whole wedding industry plays a major role in generating a large revenue flow in the Indian market.
As per government laws, the act of marriage was written many thousand years ago. Weddings are directly connected to food, event, short term stay, light decoration and music segments. Restricting this big event for a large duration of time during any pandemic will directly create bad effects on the Indian economy. Through this event, multiple labor is associated with it and earn a lot of money in a short period. Similarly, the government also collects a fixed amount of taxes from all owners associated with the wedding event industry, marriage garden, wedding hotel industry and all-new micro, small and large scale start-up industries.
All organizations whether in India and out of India do a trial to uplift this big event and maintain the proper revenue flow in the Indian market. This big event also supports all property owners to manage huge maintenance charges of the property all over the world. Similarly, it will support all the small businesses as well as artificial jewelry, cosmetic, fashion wear, belt, goggles, wedding invitation card market and many more. This social event has now become the topmost category on both offline and online tracks. There are many matrimonial sites like Bharat matrimonial, Jain matrimonial and many more are running based on this social event. Due to nice earning in this event many rich people donate their money in religious institutes, temples, charity organizations and work for god.
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