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Anant Ambani - 2 Mukesh Ambani - 2 Radhika Merchant - 2 Priyanka Chopra - 2 Nick Jonas - 2 Bill Gates - 2 Rihanna - 2 Tina Tharwani - 2
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☆ Indian wedding industry: Elephants, Michelin stars and Mughal jewels make it a $130 billion business
  + stars: | 2024-07-05 | by ( Diksha Madhok | ) edition.cnn.com   time to read: +9 min
Sujit Jaiswal/AFP/Getty ImagesThe Indian wedding industry has boomed since the country emerged from the pandemic. “And this is irrespective of the economic classes.”At about $15,000, the average Indian wedding costs more than three times the average annual household income. Indian weddings are often spread across several days, with an average guest list of 326, compared with 115 in the United States, according to The Knot Worldwide. Rihanna, couture and emeraldsThe average luxury Indian wedding can cost anywhere between $200,000 and $400,000, according to Jefferies. No luxury Indian wedding is complete without lavish meals, which at times involves flying in Michelin star chefs and the finest of ingredients from across the world.
Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Mukesh Ambani’s, Tim Chi, Nita, Anant, Sujit Jaiswal, it’s, Jefferies, ” Jefferies, Nasir Kachroo, ”, Sima Taparia, Aditya Motwane, Priyanka Chopra, Nick Jonas, “, you’ve, Ambani’s, Mark Zuckerberg, Bill Gates, Rihanna, Motwane, —, Stringer, Knight Frank, Tina Tharwani, Nita Ambani, Olivier Polet, Tharwani, Virat, Vanessa Almeida, Almeida, videographers, Katy Perry, Andrea Bocelli, Rafiq Maqbool, Narendra Modi, ” Modi Organizations: New, New Delhi CNN, Silicon, CNN, Getty, Netflix, Motwane Entertainment, Shaadi, Michelin, Backstreet Boys Locations: New Delhi, Radhika Merchant . India, India, Mumbai, AFP, South Asia, Jammu, Kashmir, United States, Indian, Jamnagar, Monte Carlo, Jodhpur, Rajasthan, Florence, Indian Italian, Tuscany, Goa, Italian, Genoa
☆ This millennial plans weddings for India's rich and famous — don't overlook these 3 financial rules, she says
  + stars: | 2024-05-22 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com   time to read: +2 min
Ahead of their big day, Ambani and Merchant threw a lavish three-day pre-nuptial bash in March. "The three biggest moments, culturally, for India are Bollywood, cricket and weddings," Mehak Sagar, co-founder of WedMeGood, told CNBC Make It. The Indian wedding industry is estimated to have brought in about 4.74 trillion rupees (about $56 billion) during the 2023 wedding season, thus making it a "trillion-dollar enterprise," according to the 2024 Wedding Industry Report by WedMeGood, a wedding planner platform. "Given that it is the fourth largest industry in India — the Indian wedding industry touches maybe 16 to 20 [other] industries," Sagar said. Lavish Indian weddings are no stranger to Tina Tharwani.
Persons: Anant Ambani, Mukesh Ambani, Radhika Merchant, Ambani, Merchant, Bill Gates, Rihanna, Ivanka Trump, Mehak Sagar, WedMeGood, Sagar, Tina Tharwani, Nick Jonas, Priyanka Chopra, Anushka Sharma, Virat, Shaadi Organizations: Microsoft, CNBC, Shaadi Locations: India, Silicon Valley, Mumbai
☆ India's wedding season is here, but for many it's no longer the bigger, the better
  + stars: | 2023-01-16 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +1 min
Wedding ceremonies are held differently even within India with some couples choosing big religious ceremonies, while others lean toward a more intimate celebration. Indian weddings are big business. Celebrations in that month would have generated 3.75 trillion rupees ($46 billion) for businesses in the wedding industry, a steep increase from 2.5 trillion rupees in 2019, Nikkei Asia reported based on data from CAIT. It's therefore no surprise that lavish Indian weddings often draw up to 1,000 guests — and that comes with a hefty price tag. They have chosen to give guests a more personalized experience at the event, rather than making it a competition with their peers on who can throw a biggest wedding, Tharwani told CNBC.
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