Business trendsIndia fosters wedding industry, urging rich to party at home
Indian couples, on average, spend nearly twice as much on weddings as education
A wedding party in New Delhi: Indians are estimated to spend $130 billion annually on weddings, nearly twice as much as Americans. (File photo by Yumi Kotani)
NEETA LAL, Contributing writer
NEW DELHI -- As Anant Ambani, 29, the youngest son of Asia's wealthiest man, Mukesh Ambani, prepares to tie the knot with businesswoman Radhika Merchant on July 12 in Mumbai, rumors are rife that this may be the country's most expensive wedding to date.