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

Targeted Attacks Label LIC’s Adani, Reliance Stakes As Risky

Growing pressure campaigns aim to influence LIC’s investment decisions, raising concerns about destabilising long-term infrastructure…

8 mins ago

Queensland Court Blocks Activist As Adani’s Carmichael Mine Wins Confidentiality Battle

A Queensland court permanently barred activist Ben Pennings from seeking Adani’s confidential Carmichael mine data,…

24 mins ago

PM Modi & Acharya Pramod Krishnam Steer Kalki Dham’s Rapid Rise In Sambhal

The ongoing construction of Shri Kalki Dham in Sambhal shows rapid progress as skilled artisans…

2 hours ago

PM Anthony Albanese Marries Jodie Haydon In Intimate Ceremony At The Lodge

Australian Prime Minister Anthony Albanese married Jodie Haydon on Saturday at The Lodge, the first…

3 hours ago

NIA Secures Further Custody Of Anmol Bishnoi As Probe Into Terror Syndicate Deepens

The NIA has secured another seven days’ custody of international gangster Anmol Bishnoi, the younger…

4 hours ago

Delhi Police Seek Details On Foreign-Trained Doctors As Red Fort Blast Probe Expands

Delhi Police are seeking details of foreign-trained doctors as part of the Red Fort blast…

4 hours ago