Wednesday, April 15, 2020

Coronavirus unties the wedding business knot amid lockdown extension


At stake is the livelihood of millions of gig workers who provide wedding-related services - jewellers, designers, tailors, caterers, pavilion and tent providers and so on.


Sindoori and Krishna flew from New York to Chennai for their big fat wedding at their hometown on March 30. Nearly 1,200 guests were invited and one of the largest venues in Chennai was booked. But Covid-19 forced them to postpone the celebrations.

Thousands of other families across India took similar decisions as social distancing rules kicked in and state governments imposed restrictions on gatherings at weddings to no more than 10 people. But the search for alternative auspicious wedding dates is the least of the problems afflicting an industry that KPMG estimates is worth around $50 billion a year.

At stake is the livelihood of millions of gig workers who provide wedding-related services — jewellers, designers, tailors, caterers, pavilion and tent providers and so on. This industry is highly fragmented, but employs a sizeable chunk of the gig workers.


Rough industry estimate suggests that India hosts 10-12 million weddings every year. Now cancellations are running into the thousands. Kanika Subbiah, founder, Wedding Wishlist, said her company was organising nearly 30 weddings in November. In March, the number slid to four and in April just one.

“The industry is feeling the pinch. Weddings have just stopped. Most people have postponed their plans and the few, who are going ahead, have made it a smaller event. The industry is seeing a big blip in terms of revenue. Thankfully, the weddings are only getting postponed, not cancelled,” she said.


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