India

Maha Kumbh 2025 Generates Over Rs 3 Lakh Crore In Trade; Boosting Local Economies

The ongoing Maha Kumbh 2025 has not only reinforced India’s rich cultural and spiritual heritage but also delivered a substantial economic impact. According to the Confederation of All India Traders (CAIT), the event has generated over Rs 3 lakh crore ($360 billion USD) in trade, positioning it as one of the country’s largest economic events to date.

CAIT General Secretary and Member of Parliament Praveen Khandelwal highlighted the deep connection between faith and the economy, stressing how the Maha Kumbh exemplifies the role of spiritual tourism and religious gatherings in driving economic growth. He emphasized that the scale of commercial activity during the Maha Kumbh showcases the substantial economic contribution of such events.

Also Read: Reliance’s ‘Campa’ Now Available On UAE’s ‘Noon Minutes’ With 15-Minute Delivery

Initially, Maha Kumbh 2025, taking place in Prayagraj from January 13 to February 26, project to attract 40 crore devotees and generate Rs 2 lakh crore in trade. However, the overwhelming enthusiasm from across the country has pushed the visitor count to an estimated 60 crore, resulting in a revised trade impact exceeding Rs 3 lakh crore.

Economic Growth Spreads Across Multiple Sectors In Maha Kumbh

The Maha Kumbh 2025 has spurred significant growth across a variety of industries, including:

  • Tourism, Hotels, and Accommodation Services
  • Food and Beverage Industry
  • Transport and Logistics
  • Religious Items, Traditional Clothing, and Handicrafts
  • Healthcare and Wellness Services
  • Media, Advertising, and Entertainment
  • Smart Technology, CCTV, Telecom, and AI-based Services

This surge in economic activity has not been confined to Prayagraj alone. Cities and towns within a 150 km radius have experienced a rise in business activity, while religious hubs like Ayodhya and Varanasi have also seen an influx of pilgrims, further boosting local economies.

Infrastructure Investments Enhance Growth And Connectivity

In preparation for the event, the Uttar Pradesh government invested Rs 7,500 crore in enhancing infrastructure, including the development of roads, flyovers, and underpasses in Prayagraj. The government specifically allocated Rs 1,500 crore for Maha Kumbh preparations, improving infrastructure and traffic management in the city. These improvements have not only benefited Prayagraj but have also contributed to the economic upliftment of neighboring areas.

Conclusion: A Milestone For Faith And Economy

The unprecedented economic growth witnessed during Maha Kumbh 2025 underscores the powerful intersection of spiritual events and commercial activity. As India’s largest spiritual gathering continues to unfold, its lasting impact on both faith and the economy is set for years to come.

Richa Kaushik

Recent Posts

Delhi CM Rekha Gupta Allocates Portfolios After First Cabinet Meeting

Delhi Chief Minister Rekha Gupta assigned portfolios to the newly sworn-in ministers on Thursday following…

12 mins ago

Judicial Commission Submits Final Report On Hathras Stampede

The judicial report on the 2024 Hathras stampede, which claimed approximately 121 lives, has been…

43 mins ago

UP Govt Deploys 1,200 Additional Buses For Maha Kumbh’s Final Phase

The UP government has arranged 1,200 additional rural buses to ensure smooth travel for devotees…

1 hour ago

Scientist Proves Ganga Water Remains Pure Despite 57 Crore Devotees Taking A Dip

Over 57 crore devotees have taken a holy dip in the Ganga during the Maha…

2 hours ago

Mayawati Criticizes Rahul Gandhi; Calls Congress BJP’s ‘B Team’

On Friday, BSP chief Mayawati criticized Congress leader Rahul Gandhi, urging him to engage in…

2 hours ago

Stock Market Opens Nearly Flat; Auto Stocks Pressure Sectoral Indices

The Indian stock market opened nearly flat on Friday, with benchmark indices showing little movement…

2 hours ago