The celebrations can last several days, involving an array of cuisines, music and dance performances. Photo: AFP

Indians spend billions on lavish wedding parties but economic slowdown hurts lucrative industry

  • India’s wedding industry is worth an estimated US$40-US$50 billion a year and a recent Ambani family celebration cost US$100 million
  • However, slow growth and rising unemployment has led most Indians to cut back on their consumer spending
Topic |   India

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The celebrations can last several days, involving an array of cuisines, music and dance performances. Photo: AFP
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