Do Extravagant Indian weddings prove to be a boon or a bane for the Indian Economy?

Abstract

The center of this paper is to conclude if extravagant Indian weddings are advantageous or hindering for the Indian economy. In India, the wedding industry is developing quickly, leading to a colossal number of occupations in diverse areas counting food and drink, magnificence and wellness, as well as floral decorations. Moreover, it contributes remarkably to the nation’s GDP. However, like in any case, such development comes with a fetch. Exorbitant marriages lead to high levels of natural squander disposal, family obligations and income disparity. By analyzing these variables, this study navigates through the complicated financial impacts of extravagant Indian marriage ceremonies. Eventually, it induces that in spite of major antagonistic results, there exist considerable positive financial impacts such as business creation and commitments to national GDP . Subsequently, luxurious Indian weddings prove to have a positive net effect on the economy. The essay also discusses new developments in sustainable wedding traditions that could help lessen their future negative effects.