know how much an indian wedding spends on only clothes

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Know How Much An Indian Wedding Spends On Only Clothes

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Page 1: Know how much an indian wedding spends on only clothes

Know How Much An Indian

Wedding Spends On

Only Clothes

Page 2: Know how much an indian wedding spends on only clothes

Wedding in India is no less than an extravaganza. After all, this is how it should be as wedding is for life and a one-time affair. But yes, it sincerely bore a big wide hole in the pocket of hard earners (parents of course) and it doesn’t matter whether they are able to afford it or not. They have to make it big anyway to

save their place in the social card. And if they managed to make it as one big fat Indian wedding, they get a notch in

uplifting their upcoming life in the society.

Page 3: Know how much an indian wedding spends on only clothes

Budgeting for a wedding

Ideally, parents bear the budget of the wedding, but as the homegrown generation is head high with the responsibilities; they are also managing to share their part in the wedding.

The Indian wedding industry is over Rs 100,000 core and is growing at 25 to 30 percent annually. The estimated

cost of a wedding with no expenses spared could be between Rs 5 lakh to Rs 5 crore, in India.

Page 4: Know how much an indian wedding spends on only clothes

Wedding Shopping Trend

Wedding Shopping is extravagant in Indian, where clothes shopping sets high Priority.

Shop for Bride, Groom, In laws, Relatives and the entire baraatis

Shop for Bridal wedding Trousseau

Shop for gold and ornaments

Page 5: Know how much an indian wedding spends on only clothes

A Person, in India, spends one fifth of the wealth accumulated in a lifetime on a

wedding ceremony

Total Wealth

1/5of the total

Page 6: Know how much an indian wedding spends on only clothes

Normal expenditure on clothes

Above all that wedding couture calls for a high splurgeApprox 20% of the wedding budget is strictly spent on

clothes in an Indian wedding

Page 7: Know how much an indian wedding spends on only clothes

Apparel market (wedding) worth: Rs 10,000 crore

Bridal designer saree/lehenga cost: Between Rs 10,000 to 50,000

Designer shervani cost: Rs 15,000 to Rs 40,000

Relative’s clothes- 1 lakh to 2 lakh (average)

Bridal trousseau- 7, 15 to 21 sarees or suits cost between 40,000 to 1 lakh

Around 5 lakhs spent on clothes

Page 8: Know how much an indian wedding spends on only clothes

The Buying CultureOnline wedding shopping in India is still very much in its nascent form and buyers are still

opting for their trusted shops from the mainstream wedding market.

Page 9: Know how much an indian wedding spends on only clothes

Couples are still buying for their big day with their families from the offline market.

The never ending wish list of relatives, especially for clothes takes the reference from the mainstream ethnic market.

Clothes by these top fashion designers are now available at affordable prices and the range hovers just anywhere between Rs 3,500 (44 dollars) – Rs 15,000 (over 200 dollars) from online stores

Page 10: Know how much an indian wedding spends on only clothes

Indian Wedding scenario Global wedding scenario

Indians shop from famous wedding markets of Delhi, Kolkata, Jaipur.

Online presence is still nascent.

Shopping for guests and relatives is still high.

Opulent and expensive.

Indian designers’ almost 80 percent business is driven by the

bridal couture.

They shop from dealers and online shops

wide online shopping presence

Importance is given for making it budgeted and simple

Inexpensive and small

Global marketers fashion their annual chain for gaining profits

unlike wedding couture

The Indian market spends high on wedding shopping but is still struggling to drape some high fashion labels and stupendous outfits from online shopping. The consumers are still spending lucratively in retail stores rather than beautiful and affordable outfits from the

online market. This may certainly help in shaping the wedding budget.

Page 11: Know how much an indian wedding spends on only clothes

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