Marry now, pay later? The new economics of Indian weddings
New Delhi, June 3 -- Indian weddings have long been associated with grand celebrations, large gatherings and deep-rooted traditions. A Mint survey of urban India suggests that while lavish weddings remain popular, a growing section is turning more cost-conscious and questioning convention.
Gold and silver, once central to wedding customs, are gradually losing their hold. Nearly half of respondents said they are willing to skip precious metals altogether-either due to high prices or limited attachment to the tradition, according to the YouGov-Mint-CPR Millennial Survey. Among those who still consider them essential, more linked them to investment value (31%) than tradition alone (20%).
Income still shapes spending, but not always predict...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.