Upcoming wedding season may generate Rs. 4.74 lakh crore business
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The Confederation of All India Traders (CAIT) anticipates a bustling wedding season in India, with an estimated Rs. 4.74 lakh crore in mainline retail revenue. This projection is based on approximately 38 lakh weddings taking place nationwide, starting November 23. In comparison, last year saw around 32 lakh weddings during the same period, generating a trade estimate of Rs. 3.75 lakh crore.