The wedding season in Delhi has officially begun, with businesses anticipating a major surge in activity over the coming weeks. The season is expected to generate a massive US$ 71.38 billion (Rs. 6 lakh crore) in trade, as the Confederation of All India Traders (CAIT) projects a significant boost across multiple sectors including clothing, jewellery, electronics, furniture, gifts, and catering.

The season kicked off with the auspicious Dev Uthani Ekadasi on Tuesday, marking the start of a bustling wedding period that will last for 18 days. During this time, approximately 4.5 lakh weddings are expected to take place across the city. The celebrations on Dev Uthani Ekadasi alone saw around 50,000 weddings, setting the tone for what promises to be a busy and profitable season for traders and service providers.

The CAIT Secretary General, Praveen Khandelwal, and Chandni Chowk Member of Parliament, highlighted that businesses specializing in wedding-related services are preparing for increased demand. This heightened activity is expected to create more job opportunities across various sectors, particularly in the wedding industry, as people rush to fulfill the needs of thousands of weddings in a short time.

Further boosting the optimism, Mr. Brijesh Goyal, Chairman of the Chamber of Trade and Industry, noted a 40% rise in venue bookings, including banquets, hotels, and restaurants. This reflects the robust demand for wedding venues in the city, with many businesses anticipating a strong finish to the year.

With the surge in activity expected, the Delhi Traffic Police has made special arrangements to handle the increased traffic and congestion. Measures include conducting drives to remove encroachments and deploying cranes to manage illegally parked vehicles around busy wedding venues and shopping areas.

The wedding season is expected to continue until December 16, with Delhi’s wedding-related industries preparing for a profitable period of high demand, both in terms of services and retail sales. As wedding season momentum builds, businesses and traders are gearing up to cater to the needs of couples, families, and guests.

The Upcoming IPOs in this week and coming weeks are NTPC Green, Lomosaic India, C2C Advanced System, Rajesh Power Services, Rosmerta Digital, Avanse Financial and Nisus Finance.

The Current active IPO are Zinka Logistics Solution (Black Buck), and Onyx Biotec.

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