Motilal Oswal Wealth Management Ltd. estimates that 4.8 million marriages are planned for November and December, marking the return of India’s much-anticipated wedding season. Compared to the 3.8 million marriages that took place last year, which brought in Rs. 4.7 trillion in revenue, this is a substantial increase. It is anticipated that the business will generate Rs 6 trillion in sales in 2024.
According to calculations of the Confederation of All India Traders, Delhi alone is predicted to host over 4.5 lakh weddings. Throughout the two months, the country is engulfed in a wedding frenzy.
As families enjoy lavish celebrations, the thriving wedding industry is expected to have an impact on several industries. That includes retail, jewelry, hotels, and cars.
According to Motilal Oswal Wealth Management, this increase in wedding-related revenue is expected to help a number of industries. Because of the growing wedding season, the organization has identified five businesses that are well-positioned to do well in the short to medium term.
| Script | CMP as of 24th November 2024 | %weightege |
| Titan | 3308 | 20 |
| Eicher motors | 4986 | 20 |
| Vedant Fashions | 1388 | 20 |
| Safari | 2499 | 20 |
| Lemon Tree | 125 | 20 |
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