NAEMD - Asia's Best Event Management Institute
Admissions Open - 2021
Indian Wedding Management Industry
In India, the Wedding Management Industry is one of the most flourishing endeavors in this organization. This is mainly because weddings are auspicious ceremonies sacred to the Indian culture and heritage.
Therefore, to practice the Indian tradition, the event industry invests in wedding management and accelerates the cordiality among families and clients. In fact, the grandeur of this industry makes it the first priority of the thousands of aspirants willing to come forth.
Furthermore, the wedding management industry skillfully and aesthetically blends the long-established wedding rituals with a flavor of societal prestige. In other words, it curates a splendid and an immemorial profusion of lavishness and charm to the organized weddings.
Next, this magnificent industry also accompshies massive turnovers each year. Or else put it, it engenders a monetizable outcome for all managers and stakeholders involved in its construction.
As per research statistics, the Indian Wedding Management Industry earns around 1,00,000 crores annually. And this amount experiences a hike of 25-30% each year. Besides, the estimated cost of a single wedding amounts to an average between 5 lakh to 5 crores. More to this, around 1,00,00,000 weddings take place in the country every year. Thus, with this huge number of weddings supplemented by the luxurious functions, event retailers can tremendously capitalize their businesses.
In short, every player in the Indian Wedding Management Industry advances lucratively with terrific opportunities to grow and prosper. As a result, this particular segment of the industry entices the aspirants to opt for it as a career option. And this eventually allows them to achieve their dream of becoming a wedding entrepreneur, consultant or a planner.
Segments of Event Industry :
India has witnessed a growing demand for live and entertainment events over the last decade. This is because people have transcended the previous era of screen-based viewership and have come to realize the live...
Exhibition and Trade Fairs
India records a substantial growth in this specific segment of the industry. This is mainly because of the rising business networking among age-old companies, new start-ups...
The segment pertaining to corporate event management comprises the scope of unleashing one’s creative potential amid a professional setting. In other words, it emphasizes on the contretized training...
The event industry organizes marketing and promotional activities to capture a decent market for their products on display. The scope of such events is to mindfully lure customers to purchase their products...