INDIAN WEDDINGS are a large affair in India. A guest list of 3,000-4,000 is not unusual. The wedding involves a minimum of three events before the actual ceremony, often followed by a reception. However, social media culture has upped the ante, particularly after the dreamy weddings of celebrities Deepika Padukone-Ranveer Singh, Anushka Sharma-Virat Kohli, Priyanka Chopra-Nick Jonas, and Reliance Group heiress Isha Ambani. Brands that are part of the $50-billion India luxury market have started recognising this shift and are investing in nurturing the new consumer.
It is increasingly common for affluent Indians to spend on outfitting family members and even guests for the occasion — all the better to show off on social accounts. Brides and bridegrooms are becoming conscious about how weddings are documented, and with the aim of a uniform aesthetic, close family will also choose looks from the same brand.
While some, on the other side, do not want to indulge in exhibitionism. They would rather spend on experiences that would make their special day meaningful and memorable. For instance, a bride today might not see merit in spending on an expensive outfit but would definitely spend on curating a travel experience to an exotic locale for a set of close friends to mark her wedding day.
According to Varun Chadha, CEO, Tirun -- the Indian representative of the Royal Caribbean Cruises -- everyone wants a memorable wedding, one which is different from the regular. “The desire to seek new experiences defines modern consumption, and when it comes to weddings, cruises offer the best opportunity to have a varied palette of experiences. Whether it is a huge gathering or a small intimate affair, a cruise wedding offers the perfect venue, offering a high novelty quotient.”
Denne historien er fra September 28, 2019-utgaven av Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 28, 2019-utgaven av Businessworld.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Gauging Trumponomics For India
Despite some shortto mediumterm headwinds in trade and immigration, the broader Indo-US vision of counterbalancing China’s influence is expected to ensure continued cooperation under Trump 2.0
Reflections on Consciousness and Creation
Indian-American DEEPAK CHOPRA on the nature of the universe, the digital fabric of existence, and the power of a conscious mind
MORE TAKE TO DRIVING IN STYLE
High-end luxury vehicles are no longer part of a niche market, but a rapidly expanding segment of automobile sales, driven by changing consumer preferences, rising disposable incomes and better infrastructure
India's Growing Affinity for Swiss Watches: A Luxury on the Rise
NDIA'S ROBUST ECONOMIC growth, projected to exceed 6 per cent in 2024 and 2025, is fostering a rising demand for aspirational products. As disposable incomes increase, particularly among the expanding middle class, luxury goods such as Swiss-made watches are gaining popularity.
An ENRiching Outlook
KPMG's latest report shows energy CEOs being optimistic about the sector's outlook. ANISH DE, Global Head, ENRC, KPMG speaks to BW Businessworld's Arjun Yadav on what's driving this confidence
Paving the Path to a Sustainable Future
Salesforce's ESG journey has made an impact beyond the company. SUNYA NORMAN, SVP of ESG Strategy and Engagement at Salesforce, shares more on how the tech giant integrates sustainability into its core operations, supporting global goals while empowering employees
LEADERSHIP TRANSITION AT XIAOMI INDIA
Xiaomi India is experiencing a leadership evolution, beginning with Muralikrishnan B's departure as President by the end of 2024. This change underscores Xiaomi's shift towards nurturing local talent amidst dynamic global shifts. The story tracks key transitions from Manu Kumar Jain's leadership to Muralikrishnan B's impactful tenure, along with recent strategic hires, highlighting Xiaomi's alignment towards market adaptability and consumer focus
WEAVING SUSTAINABILITY
Once a modest home textile manufacturer, Jindal Worldwide has evolved into a vertically integrated textile powerhouse, spanning critical segments of the yarn and fabric value chain
FORCE FOR GOOD
FY24 saw capacity expansions for Century Enka in nylon and polyester segments, along with investments in modernisation, renewable energy, and safety initiatives
REIMAGINING TOMORROW
For V-Guard, tomorrow signifies progress, driven by today's actions, setting the foundation for future growth and value creation for all stakeholders