Ambani nuptials spotlight India’s multibillion-dollar wedding industry

Special Ambani nuptials spotlight India’s multibillion-dollar wedding industry
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Updated 12 July 2024
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Ambani nuptials spotlight India’s multibillion-dollar wedding industry

Ambani nuptials spotlight India’s multibillion-dollar wedding industry
  • Groom is the youngest son of Asia’s richest man Mukesh Ambani
  • Lavish pre-wedding celebrations around the world started in March

NEW DELHI: After four months of lavish events spotlighting India’s multibillion-dollar wedding industry, the nuptials of the son of Asia’s richest man reached their final stage on Friday, with global A-listers and elites arriving in Mumbai for the most extravagant of billionaire celebrations.

The celebrations that built up to the wedding of Mukesh Ambani’s youngest son, 29-year-old Anant Ambani, to Radhika Merchant, daughter of a pharmaceutical tycoon, saw the family and hundreds of its guests serenaded by the likes of Andrea Bocelli, Rihanna, and Justin Bieber, sailing up the coast of Italy on a luxury cruise, watching a 5,500-drone light show in Cannes, and participating in a jungle-themed safari party in India’s Gujarat.

The groom’s father, chairman of Reliance Industries — the largest private sector corporation in India — is the world’s 10th richest man.

The display of his wealth through the wedding has set a new benchmark for the sector worth some $130 billion, according to last month’s report by the global investment banking firm Jefferies.

The Indian wedding industry is the country’s second-largest, after food and grocery.

“The Indian wedding industry is one of the largest and most lucrative markets globally. India hosts around 10 million weddings each year, with varying scales and budgets,” Simran S. Kohli, wedding planner and founder of Love Me Knot Weddings, told Arab News.

“The Ambani wedding is a prime example of just how extravagant and grand one can be.




Drummers perform as staff members of Antilia, the house of Indian businessman Mukesh Ambani, dance on the day of Anant Ambani's wedding in Mumbai, India, on July 12, 2024. (REUTERS)

With the swathes of business billionaires, world leaders and top Bollywood and Hollywood stars attending, and the amount of international media attention focused on all the nuptial events, it is also an example of how the legendary allure and grandeur of Indian weddings never fades.

“How everyone looks forward to being a part of Indian weddings, the involvement of international celebrities, performers, and guests reflects the global influence and reach of the Indian wedding industry now,” Kohli said.

“Indian weddings can push the boundaries of creativity and extravagance.”




A decorated Rolls-Royce car carrying groom Anant Ambani leaves Antilia, the house of Indian businessman Mukesh Ambani, on the day of his wedding in Mumbai, India, on July 12, 2024. (REUTERS)

With dignitaries and celebrities from all over the world flocking to Mumbai to attend the four-day ceremony, parts of the city have been sealed.

“Mumbai is closed for almost three days now where the wedding is happening. There are VIP restrictions,” said Suneer Jain, director of Oh Vow Weddings.




Former British Prime Minister Tony Blair and his wife Cherie Blair pose for pictures on the red carpet on the day of the wedding of Anant Ambani and Radhika Merchant in Mumbai, India, on July 12, 2024. (REUTERS)

“Ambani’s wedding reminds you of the grand Mughal weddings where thousands of horses and elephants used to participate. Now, the elephants have been replaced by artists. The Ambanis have set a different standard in weddings by inviting lots of international artists to come and perform.”

While the celebration has been reported to cost $600 million, from the artist lineup alone, Jain estimated it could be much more.




Bollywood actor Shah Rukh Khan (L) with his wife Gauri Khan pose for photos as they arrive to attend the wedding ceremony of billionaire tycoon and Chairman of Reliance Industries Mukesh Ambani's son Anant Ambani and Radhika Merchant in Mumbai on July 12, 2024. (AFP)

“This wedding is a showoff and it’s showing to the people how important they are and how well connected they are, how powerful they are. It’s a demonstration of wealth,” he said.

“The spending in Ambani’s wedding would be much more than what we can think about. Engaging an international artist is not only about the fee, it’s also about their comfort, their hospitality, doing everything for their team. It involves huge costs in many other aspects also.”




FIFA President Gianni Infantino (L) poses with his wife Leena Al Ashqar for photos as they arrive to attend the wedding ceremony of billionaire tycoon and Chairman of Reliance Industries Mukesh Ambani's son Anant Ambani and Radhika Merchant in Mumbai on July 12, 2024. (AFP)

It has raised the bar so high that it will not be easy for the next celebrity weddings to cross it and organize nuptials on an even bigger scale.

It is a matter of Indian family prestige to do so.

“It is a lifetime event. We earn for only two things in life: for getting our own home and for weddings,” Jain told Arab News.

“When people see Ambani’s wedding, (it is assumed that) the next super wedding would be at a much higher scale … It gives you a clear picture that no one wants to do a normal wedding, but everyone wants to do a grand wedding.”




Actors Sidharth Malhotra and his wife Kiara Advani pose for pictures on the red carpet on the day of the wedding of Anant Ambani and Radhika Merchant in Mumbai, India, July 12, 2024. (AFP)

Everyone also wants to attend weddings in India, as they are an intrinsic part of its culture and play a major role in boosting other sectors such as entertainment, fashion, design, and travel.

“There is a person who is creating entertainment, there is a person who is doing labor work, there is a person who is doing floral work, there is a person who is working for fabric treatment. There is a person who is working on the structure, there is a transporter, manager, designer, sound engineer, artist. A lot of people get jobs out of it,” said Rajat Tyagi, director of Weddings Flowers Decor India.

An Indian wedding is never a cheap affair. A “good decent function” organized by Tyagi’s company at a local venue starts at about $45,000.

“As Indians, a society, we are bright, we are vivid, we are diverse, and we are vocal. We are not bland … If we have a taste, why not flaunt it,” he said.

“Even if you go to a village, the poorest of the poorest women are wearing makeup … It’s like we are made this way, our upbringing is that way. We love to show off.”

The display pulled off by the Ambani family was for Tyagi not only a record-breaking event, but also proof of India’s growth.

“At the end of the day, Mukesh Ambani is also an Indian entrepreneur, so India is not just a country of snake charmers. Now it has people who have the potential to bring such international artists and spend so much,” he said.

“It shows the potential of the Indian wedding industry. It shows the potential of Indians globally.”


Ukraine urges world leaders not to seek ‘an out’ from Russia’s war instead of true peace

Ukraine urges world leaders not to seek ‘an out’ from Russia’s war instead of true peace
Updated 25 September 2024
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Ukraine urges world leaders not to seek ‘an out’ from Russia’s war instead of true peace

Ukraine urges world leaders not to seek ‘an out’ from Russia’s war instead of true peace
  • “Any parallel or alternative attempts to seek peace are, in fact, efforts to achieve an out instead of an end to the war,” Zelensky said
  • “Do not divide the world. Be united nations,” he implored

UNITED NATIONS: Ukraine’s president urged global leaders Wednesday to stand with his country and not seek “an out” instead of a “real, just peace” more than two years into Russia’s war.
At a time when he faces growing pressure from Western allies and some of his fellow Ukrainians to negotiate a ceasefire, President Volodymyr Zelensky told the UN General Assembly there’s no alternative to the “peace formula” he presented two years ago. Among other things, it seeks the expulsion of all Russian forces from Ukraine and accountability for war crimes.
“Any parallel or alternative attempts to seek peace are, in fact, efforts to achieve an out instead of an end to the war,” he said.
“Do not divide the world. Be united nations,” he implored. “And that will bring us peace.”
Russia hasn’t yet had its turn to speak at the assembly’s annual gathering of presidents, prime ministers, monarchs and other high officials. Low-level Russian diplomats occupied the country’s seats in the huge assembly hall during Zelensky’s speech. Russian President Vladimir Putin is not attending this year’s high-level meetings at the General Assembly.
The war in Ukraine was center stage the last two times that world leaders convened for the UN’s signature annual meeting. But this year, the Israel-Hamas war in Gaza and the escalating developments along the Israeli-Lebanese border have gotten much of the spotlight.
Ukraine and Russia, with one of the world’s most potent armies, are locked in a grinding fight along a 1,000-kilometer (600-mile) front line.
The war began when Russia invaded in February 2022 and has killed tens of thousands of people. Russia has gained momentum in Ukraine’s east; Ukraine, meanwhile, startled Russia by sending troops across the border in a daring incursion last month.
Zelensky argued Tuesday at the UN Security Council that Russia needs to ” be forced into peace,” saying there’s no point in pursuing peace talks with Putin.
In Moscow, Kremlin spokesperson Dmitry Peskov responded Wednesday that the Ukrainian president’s call for compulsion was “a fatal mistake” and “a profound misconception, which, of course, will inevitably have consequences for the Kyiv regime.”
Zelensky is expected to present a victory plan this week to US President Joe Biden.


Afghanistan wants to join BRICS, says Taliban govt

Afghanistan wants to join BRICS, says Taliban govt
Updated 25 September 2024
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Afghanistan wants to join BRICS, says Taliban govt

Afghanistan wants to join BRICS, says Taliban govt
  • The Taliban authorities have not been officially recognized by any country
  • The group has not publicly reacted to the Taliban government’s comments

KABUL: Afghanistan’s Taliban government is keen to join the BRICS economic forum, a spokesman said on Tuesday ahead of the group’s summit in Russia.
The summit of emerging economies that includes Brazil, Russia, India, China and South Africa will meet on October 22-24 in the southwestern Russian city of Kazan.
“Countries with major resources and the world’s biggest economies are associated with the BRICS forum, especially Russia, India, and China,” said Hamdullah Fitrat, a government deputy spokesman.
“Currently, we have good economic ties and commercial exchanges with them. We are keen to expand our relations and participate in the economic forums of the BRICS,” he said.
The Taliban authorities have not been officially recognized by any country but have growing relations with founding BRICS nations including China and Russia.
The group, which has recently expanded by including Iran, the United Arab Emirates, Egypt, and Ethiopia, has not publicly reacted to the Taliban government’s comments.
A spokesman for the Afghanistan Ministry of Foreign Affairs told AFP on Wednesday that they have “no information so far” about an invitation to the event.
Both Moscow and Beijing have expressed their readiness to invest in commercial projects in Afghanistan and to cooperate with Taliban authorities in its fight against Daesh Khorasan, the Daesh group’s Afghanistan branch.


Indonesia breaks ground for first foreign investment projects in new capital

Indonesia breaks ground for first foreign investment projects in new capital
Updated 25 September 2024
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Indonesia breaks ground for first foreign investment projects in new capital

Indonesia breaks ground for first foreign investment projects in new capital
  • The three foreign investment projects in Nusantara were worth about $63 million
  • Indonesian government planned 80 percent of the $32-billion project to be funded by private sector

JAKARTA: Indonesia’s outgoing President Joko Widodo broke ground on Wednesday for Australian, Russian and Chinese projects in the country’s future capital Nusantara, marking the first foreign investment in his administration’s flagship $32-billion initiative.

Southeast Asia’s largest economy is relocating its capital to East Kalimantan on Borneo island to replace the overcrowded and sinking Jakarta on Java island, with the megaproject scheduled for completion in 2045.

“This morning, we broke ground for education investment from Australia. Then we also broke ground for property development by Russian investors. And … we are about to do another groundbreaking (project) for a mixed-use property development from Delonix Nusantara, from Chinese investors,” Widodo said during a livestreamed ceremony in Nusantara.

“The foreign investments that are coming in are giving us the belief and confidence that Nusantara is an extremely attractive location for investments.”

Chinese property firm Delonix Group is investing $33 million in the complex of hotels, office and community retail spaces in Nusantara.

The Australian Independent School and Russia’s property developer Magnum Estate are two other investors working with local partners and investing around $9.9 million and $19.8 million in Nusantara, respectively.

Since Widodo unveiled his plan in 2019, the new capital project has faced construction delays and struggled to attract the hoped-for foreign assignment. The mammoth undertaking is expected to mostly rely on private investors, with government funding planned to cover 20 percent of the total expenditure.

The government has so far signed many letters of intent, Widodo said, but officials are carefully choosing projects to “adjust them to the needs of Nusantara.”

The new capital that has been widely seen as the president’s attempt to seal his legacy previously received a $1.3 billion investment from a consortium of Indonesian companies.

Widodo has said he is planning to spend the last weeks of his second and final term in office there. His successor, President-Elect Prabowo Subianto, will take office on Oct. 20.


What to expect from Sri Lanka’s new 3-member cabinet

What to expect from Sri Lanka’s new 3-member cabinet
Updated 25 September 2024
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What to expect from Sri Lanka’s new 3-member cabinet

What to expect from Sri Lanka’s new 3-member cabinet
  • Cabinet consists of president and 2 MPs from his party
  • Interim setup until new parliamentary poll on Nov. 14

COLOMBO: Sri Lanka’s new President Anura Kumara Dissanayake has appointed the world’s smallest cabinet, with three people in charge of all ministerial portfolios — a move that experts say fulfills his key campaign promise.

The leader of the Janatha Vimukthi Peramuna (People’s Liberation Front) and the socialist National People’s Power alliance, Dissanayake was sworn in on Monday, shortly after being announced the winner of Saturday’s vote.

On Tuesday, he appointed his government and dissolved the parliament, clearing the way for new parliamentary elections scheduled for Nov. 14.

The three-member cabinet has Prime Minister Harini Amarasuriya, lawmaker Vijitha Herath, and Dissanayake taking on ministerial portfolios.

“This development is due to politico-legal compulsions. It’s a political compulsion because the NPP whose candidate AKD has won the presidency received the mandate of the people at the just-held presidential election,” A.L.A. Azeez, foreign affairs commentator and former diplomat, told Arab News.

The legal compulsion stems from the fact that Sri Lankan government ministers are appointed from among members of parliament, and once the legislative body is dissolved, the cabinet of ministers existing prior to the dissolution continues in the interim until the parliamentary elections.

“But such an interim cabinet would have ministers who pursued policies and measures — otherwise, governed the country — which the people through the presidential election have disapproved,” Azeez said, adding that Dissanayake did not have much choice as his party had only three MPs.

“It would only be unthinkable for him to get members of parliament from other parties to constitute the interim cabinet. So, he has sought to demonstrate through this compelling development, that he has respected the will of the people, as manifested in the presidential election, and that his cabinet is purpose-driven.”

Dissanayake took over the top job in a nation reeling from the 2022 economic crisis and austerity measures imposed as a part of a bailout deal with the International Monetary Fund.

The new president will oversee defense, finance, economic development, policy formulation, planning, tourism, energy, agriculture, lands, livestock, irrigation, fisheries and aquatic resources.

The new prime minister Amarasuriya, a university lecturer and activist, will oversee justice, health, public administration, provincial councils, local government, education, science and technology, labor, women, child and youth affairs, sports, trade, commerce, food security, co-operative development, industries and entrepreneur development.

Lawmaker Herath, who had previously served as minister of cultural affairs, was assigned foreign affairs, Buddhist affairs, religious and cultural affairs, national integration, social security, mass media, transport, highways, ports and civil aviation, public security, environment, wildlife, forest resources, water supply, plantation and community, infrastructure, rural and urban development, housing and construction.

Dr. Dayan Jayatilleka, political analyst and Sri Lanka’s former envoy to the UN, said the formation of Dissanayake’s mini-cabinet was “inevitable” as he had promised a new style of governance.

“Only he would have done this. Any conventional party would have had 20 cabinet ministers but AKD, the new president of the left-wing NPP, had promised to shrink the overly swollen political structure of government,” he told Arab News.

After the Nov. 14 parliamentary vote, a proper cabinet will be appointed with the composition depending on the results of the election.

The mini-cabinet will be in charge until then, supported by civil servants.

“I think the new president is relying heavily on officials. He has retained some of the key officials. He has also promoted and brought in others with solid administrative credentials,” Jayatilleka said, adding that the president’s choice of his prime minister would also appeal to the public.

“There’s an excellent choice of prime minister. Dr. Harini Amarasuriya, a woman academic ... and then there’s Vijitha Herath, a popular JVP-NPP politician who has been the shadow foreign minister for many years,” he said.

“I don’t think anybody would criticize him. They would welcome the formation of a compact cabinet which is quite unlike what the conventional political parties have done and would have done so.”


Labour Party members deal a blow to Starmer a day after his appeal for unity

Labour Party members deal a blow to Starmer a day after his appeal for unity
Updated 25 September 2024
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Labour Party members deal a blow to Starmer a day after his appeal for unity

Labour Party members deal a blow to Starmer a day after his appeal for unity
  • One is ending the winter fuel allowance, worth between 200 and 300 pounds, for all but the poorest pensioners
  • Since winning office in July, Starmer has cautioned that the dire state of the public finances inherited from the last Conservative government means he must make hard choices

LIVERPOOL: Members of Britain’s governing Labour Party dealt Prime Minister Keir Starmer a blow on Wednesday, rejecting his decision to cut payments that offset winter heating costs for millions of retirees.
The vote on the final day of Labour’s annual conference is not binding, but it’s a setback to Starmer’s efforts to unite his center-left party around the contentious measure.
Since winning office in July, Starmer has cautioned that the dire state of the public finances inherited from the last Conservative government means he must make hard choices such as ending the winter fuel allowance, worth between 200 and 300 pounds ($262 and $393), for all but the poorest pensioners.
Trade unions that are among Labour’s funders and allies organized resistance to the cut at the conference in Liverpool, northwest England. They forced a vote on a demand for the decision to be reversed. It was narrowly passed in a show-of-hands vote amid cheers and jeers in the conference hall.
“I do not understand how our new Labour government can cut the winter fuel payment for pensioners and leave the super-rich untouched,” said Sharon Graham, general secretary of the Unite union, to applause from delegates. “This is not what people voted for. It is the wrong decision and it needs to be reversed.”
The government has promised the withdrawal of the heating allowance will be offset by an above-inflation increase in the state pension and other measures to reduce poverty.
Work and Pensions Secretary Liz Kendall told delegates that the cut “wasn’t a decision we wanted or expected to make.” But she argued that “this Labour government has done more to help the poorest pensioners in the last two months than the Tories did in 14 years.”
Starmer tried to unite the party and appeal to a skeptical electorate in his first conference speech as prime minister on Tuesday, telling voters exhausted by years of political and economic turmoil that better times are on the way — if they swallow his recipe of short-term pain for long-term gain.
He said he would make “tough decisions” — code for public spending restraint and tax increases — to achieve economic growth to fund schools, hospitals, roads, railways and more.
Starmer acknowledged some of those decisions would be unpopular, but said: “We will turn our collar up and face the storm.”