Best Wedding Business Ideas in India
🔍Insights
Indian weddings have one primary goal to create a memorable experience for the couple as well as their families, by focusing on as much opulence as possible. This business opportunity in India, the UK, and other locations around the world needs to be filled to celebrate Indian weddings through a supportive industry.
The most memorable day in the life of any individual is their wedding day. Almost every parent in India has dreamed of a big fat Indian wedding for their sons and daughters since their childhood. But it varies from person to person, as money plays the main role in these weddings. There are over 10 million weddings celebrated in India every year. For many analysts, that implies that the global Indian wedding industry is recession-proof. This article covers the best wedding business ideas in India which you would like to start with.
Indian Wedding Business Worth
Best Wedding Business Ideas
- Wedding Planner
- Wedding Caterer
- Makeup Artistry
- Wedding Dresses
- Wedding Jewelry
- Wedding Blogger
- Wedding Magazine
- Wedding Videographer
- Wedding Musician
- Wedding Custom Gifts
- Wedding Choreographer
- Costume Rentals
- Wedding Invitations
- Wedding Floral Arrangements
- Custom Wedding Cake Designing
Indian Wedding Business Worth
The Indian wedding industry is the second largest in the world. A report by the Economist says the wedding industry in India is the fourth biggest industry in India, with people spending around $130 billion each year. This large industry creates jobs for millions of people. India’s big wedding season was set from November 23 to December 15, 2023. A survey by the Confederation of All India Traders (CAIT) estimated that about 3.5 million weddings would happen in these 23 days. This would boost the economy, with around $57.2 billion (INR 4,74,000 crore) expected to be spent on wedding expenses and services.
Best Wedding Business Ideas
Many niche businesses cater to weddings. They are either full-time or part-time businesses. The factors and incentives that encourage people to go into this line of business are the ability to get good returns on little investment in the business as long as you are passionate about the job. It is a cost-effective business that can be started with little initial investment.
Here are some wedding related business ideas in India that are highly profitable:
Wedding Planner
The job of a wedding planner is to assist with the designs, management, and planning of a client's wedding. The planner takes care of every aspect of the program from food to decorations and entertainment. A wedding planner eliminates the stressful and energy-consuming part of planning a wedding leaving the couples to cherish the event fully, without caring.
According to a survey, the wedding planning market in India is expected to hit INR 2 trillion by the year 2024. Many wedding planners have begun to charge up to 15% of the wedding budget as their consultation fee. Wedding planners can earn good money by helping couples plan every part of their big day, making it one of the best wedding business ideas. A wedding planner business idea helps couples organize everything for their special day making it stress-free for them.
Chayanika Goswami
Wedding Caterer
One of the most important aspects of weddings is the food. Because food taste and quality of service are becoming serious issues to consider, more couples prefer to have professional caterers prepare and serve the food during the wedding event. A wedding caterer takes care of the meals based on the couple’s request.
Catering for wedding events has become quite popular due to the wide range of menu options that are possible. Starting a catering service business is a great idea for entrepreneurs who are well-organized, hardworking, creative, and able to accommodate and adapt to changing customer needs and demands. It’s a business that can be done part-time while you gain experience, build a client base, and buy equipment.
Makeup Artistry
A makeup artist is someone who uses cosmetic techniques and processes to create beauty as desired. Every bride wants to look her best on her wedding day. The makeup business is practicable as a one-man business with low overheads. Makeup artists are some of the top earners in the entertainment, bridal, and beautification industry. Their level of income is a factor in their pedigree, experience, and network. This can be a profitable wedding related business idea in India.
Wedding Dresses
Starting a wedding dress business is a great marriage business idea, as many brides look for the perfect dress to make their day extra special. Based on an estimate, the average clothing budget for a wedding in India is $375,500 or more. Wearing an exclusive designer sari for the event can cost as much as INR 110,000 and more. So the clothes business is a huge success. If you do not have too much capital to invest in the business, and funding is a barrier for your business then you can still cater to money-conscious couples. You can start with a wedding dress rental service with a few dresses, a business telephone, a business card to start with, and a website, you are ready to get started with your business.
Wedding Jewelry
According to some estimates, families might spend up to $250,000 on elaborate bracelets, earrings, necklaces, and other jewelry items for the whole family as part of the Indian wedding. So this is a very profitable business idea. You can also rent the jewelry.
Wedding Blogger
Weddings are usually a very hot and attractive topic, especially among young unmarried people. They are always interested in the latest trends in weddings, including the latest gown/dress fashion, creative wedding hashtags, wedding themes, rings, cake designs, flowers, decorations, and many other things. During these weddings, the brides-to-be always need help and information regarding the ceremonies, events to be held, and dress to wear on occasion to make their dream wedding a huge success. To fulfill these needs publishing a wedding blog is usually easy and cheaper to start than publishing a magazine.
Sweta
Wedding Magazine
Even though capital intensive, you can start a wedding magazine. Start publishing bridal magazines and in no time you will be popular. The business requires licensing and permits. You need seasoned writers, editors, photographers, and location drivers.
Wedding Videographer
A wedding videographer's job is to capture the whole event. Becoming a wedding videographer is yet another easy business idea and can be a lot of fun. You get to spend your professional life at parties where people are energetic, positive, and excited. You also get to engage with the challenge of turning one of the most important events in someone’s life into a visual souvenir that they’ll be happy to watch over and over again.
To make a wedding videography business successful, you’ll need a vehicle so that you can travel freely, as well as the space and equipment necessary for editing.
Wedding Musician
Modern-day musicians have a huge customer base at weddings. Employ your compilations of music from a variety of eras to please every generation in music at weddings. Couples with bigger budgets are springing for both a DJ and a band. They may want their first dance song to be played live but prefer a DJ later in the evening for a nightclub atmosphere. Or some may stick with the live band all night.
Wedding Custom Gifts
Offer personalized engraving or monogramming services for wedding gifts. The main challenge is making sure each piece is high quality. Personalized gifts are meaningful and can sell at higher prices, making this a profitable business idea. You can start with simple tools and grow as you get more clients, using social media to show your work and attract more people.
Baishali Das Adhikari
Wedding Choreographer
Offer dance choreography services for couples who want a special dance at their wedding. You can run this business from a home studio. The main challenge is building a client base and marketing your service, but couples often highly value this, making it a profitable wedding business idea.
Costume Rentals
Clothing rental is a great wedding business idea with many benefits. It supports sustainable fashion by reducing waste, as people rent instead of buying new clothes. It’s cost-effective, letting customers wear designer outfits for special occasions without paying full price. Plus, you can run a clothing marriage rental business online, so you can reach customers anywhere without needing a physical store.
Wedding Invitations
You can make special, one-of-a-kind invitations for people’s weddings, either as digital ones or as real printed ones. Styles change fast, so you’ll need to make new designs often. But people always love invitations that feel personal and unique. How much money you make depends on the price of materials and what people are willing to pay. This can be a fun and profitable idea for the wedding business in India.
Wedding Floral Arrangements
A wedding floral arrangements business involves creating beautiful flower designs for weddings, like bouquets, centerpieces, and decor. Flowers add beauty to weddings, so this is a great wedding business idea. To start, learn floral design skills and make a portfolio of your work. Connect with local flower suppliers to keep a steady supply. Set prices for different services, like bridal bouquets and venue décor. Create a website and use social media to show your work and attract clients. It is one of the best wedding industry business ideas that will cater to you with maximum profit.
Custom Wedding Cake Designing
Offer custom wedding cake services, letting couples design a cake exactly how they want. The main challenges are creating detailed designs and delicious flavors, but happy clients can lead to more word-of-mouth referrals. Each cake can be very profitable, and you can grow your business by sharing photos of your cakes on social media to attract more couples.
Devashish Shrivastava
Conclusion
India has one of the largest population centers in the world today, it will continue to boast one of the largest wedding industries in the world as well. Over the next 10 years, as incomes rise in the country, the wedding industry may begin to close the gap between it and the United States. Though there was a huge drop in the wedding business in India during the pandemic, it started getting better as things went back to normal. In the future, we can look forward to seeing many more weddings.
FAQ's
How do I start my own wedding business in India?
- Choose the Type of Wedding Business You Want to Start and a Name.
- Choose a Business Entity.
- Write a Detailed Business Plan.
- Get an EIN.
- Get a Business Bank Account and Business Credit Card.
- Get Any Funding You Need.
Is the wedding business in India profitable?
Yes, owning a wedding venue can be a very profitable business, but not if you take on too much debt. This business requires a lot of work, and if you get in over your head in terms of debt and assume you'll book 50, or 100, or 150 weddings a year, you could find yourself working nonstop which can put you in a difficult situation.
Do wedding planners make a lot of money?
The typical wedding consultant salaries are wide open from a few hundreds to a few thousand. The wedding planners earn wages of $100K a year easily and there are some who could barely cross $15K. The difference in a wedding consultant's salary is the number of years they've been in the business.
Is wedding planner a good business?
A full time and experienced wedding planner can earn between 10-15 percent commission of the total wedding budget. So, for a wedding budget of INR 10 lakh, one can easily earn at least INR 1 lakh. Wedding planning requires creativity, people management, time management, and working at unearthly hours.
Are wedding planners in demand?
Yes, wedding planners are in demand because they help couples organize everything, making the wedding day easy and enjoyable.
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