financetom
Business
financetom
/
Business
/
COVID-19 triggers loss of livelihood for wedding industry employees
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
COVID-19 triggers loss of livelihood for wedding industry employees
Jun 29, 2021 5:40 AM

The second wave of COVID-19 has hit several businesses severely and one among them is that of the big fat Indian weddings.

Share Market Live

NSE

The 50 billion dollar industry has been transforming itself since 2020 and has impacted the livelihoods of many along the way.

A big fat Indian wedding is synonymous with spending a fortune, extensive programming, diverse delicacies, and families and friends in attendance from across the world.

However, the landscape has transformed since 2020 following the change in the concept of weddings due to COVID-19 related restrictions. The new normal comprises micro weddings, intimate gatherings, e-invites, and the near absence of band baja barat.

The 50 billion dollar industry now hopes that the worst is behind it as it awaits the relaxation of curbs to see recovery in the business.

CNBC-TV18’s Anu Sharma gets a ground report from Jaipur, one of the most popular spots for royal-themed destination weddings. She finds out what all has changed and what's in store.

Watch accompanying video for more.

(Edited by : Kanishka Sarkar)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pantages Capital Acquisition, MacMines Austasia Sign Business Combination Deal With Horizon Mining
Pantages Capital Acquisition, MacMines Austasia Sign Business Combination Deal With Horizon Mining
Nov 19, 2025
08:57 AM EST, 11/19/2025 (MT Newswires) -- Pantages Capital Acquisition Corp. ( PGAC ) , a publicly traded special purpose acquisition company, and MacMines Austasia, a geological exploration and mining company, said Wednesday they have entered a definitive agreement to combine with newly formed Horizon Mining, Horizon Merger 1 and Horizon Mining SPV. The agreement values Horizon Mining SPV at...
--SL Green Realty Keeps Monthly Dividend at $0.2575 per Share, Payable Dec. 15 to Holders of Record as of Nov. 28
--SL Green Realty Keeps Monthly Dividend at $0.2575 per Share, Payable Dec. 15 to Holders of Record as of Nov. 28
Nov 19, 2025
09:40 AM EST, 11/19/2025 (MT Newswires) -- Price: 44.75, Change: +0.19, Percent Change: +0.43 ...
LPL Financial Acquires Minority Stake in Private Advisor Group
LPL Financial Acquires Minority Stake in Private Advisor Group
Nov 19, 2025
09:40 AM EST, 11/19/2025 (MT Newswires) -- LPL Financial ( LPLA ) has acquired a minority ownership stake in Private Advisor Group, the financial services firm said Wednesday. Financial terms, which were agreed on Nov. 18, of the transaction were not disclosed. Private Advisor Group said it will continue to operate independently under its existing brand. Price: 358.27, Change: +2.69,...
TJX Cashes In On Treasure-Hunt Shoppers, Sweetens Outlook
TJX Cashes In On Treasure-Hunt Shoppers, Sweetens Outlook
Nov 19, 2025
TJX Companies, Inc. ( TJX ) shares ticked higher in premarket trading on Thursday after the off-price retailer topped profit expectations and delivered another quarter of steady growth. Investors are also watching a firmer full-year outlook, solid comparable sales trends and a larger share repurchase plan from the T.J. Maxx and Marshalls owner. The company reported third-quarter earnings per share...
Copyright 2023-2026 - www.financetom.com All Rights Reserved