The grand Mahakumbh 2025 has officially begun in Prayagraj, marking the start of the world’s largest gathering of people. Spanning until February, this monumental event is expected to host nearly 400 million devotees. Beyond its spiritual significance, Mahakumbh is set to generate a massive Rs 2 trillion in trade, according to the Confederation of All India Traders (CAIT).
A Hub for Global Religious Economy
Praveen Khandelwal, Secretary General of CAIT and Member of Parliament from Chandni Chowk, emphasized the event’s unparalleled scale. He stated, “Mahakumbh 2025 is poised to become the largest hub of religious economy in the world.” From boosting Prayagraj’s local economy to benefiting sectors like transportation and tourism, the event’s economic ripple effects are vast.
Delhi, India’s largest trade distribution center, will play a crucial role, supplying Rs 40,000 crore worth of goods and services to Prayagraj and neighboring areas, according to Khandelwal.
Economic Impact Across Sectors
With an estimated average spending of Rs 5,000 per attendee, Mahakumbh 2025 will drive significant business in various industries. Here’s a breakdown of the key trade contributions:
- Accommodation and Tourism: Local hotels and lodging arrangements are projected to generate Rs 40,000 crore.
- Food and Beverages: Packaged meals and drinks are expected to contribute Rs 20,000 crore.
- Religious Items: Sales of lamps, idols, incense, and books will likely add Rs 20,000 crore.
- Transportation and Logistics: Freight, taxis, and local transport services could bring in Rs 10,000 crore.
- Tourism Services: Travel guides and packages are set to earn Rs 10,000 crore.
- Handicrafts and Souvenirs: Local crafts and souvenirs are projected to generate Rs 5,000 crore.
- Healthcare Services: Medical camps and Ayurvedic products are expected to earn Rs 3,000 crore.
- IT and Digital Services: Digital payments, e-ticketing, and WiFi services may see Rs 1,000 crore in business.
- Entertainment and Media: Advertising and promotions are likely to contribute Rs 10,000 crore.
A Cultural and Economic Powerhouse
Mahakumbh 2025 isn’t just a spiritual gathering; it’s a transformative event for local and national economies. It is set to create jobs, boost tourism, and elevate Uttar Pradesh’s status as a religious and cultural hub.
Highlighting its broader implications, Khandelwal remarked, “Mahakumbh 2025 is not only a center of faith but a testament to India’s cultural and economic strength.” This year’s Mahakumbh will not only showcase India’s spiritual heritage but also establish the nation’s leadership in the global religious economy.
