Maha Kumbh 2025 Expected to Generate Up to Rs 2 Lakh Crore
The upcoming Maha Kumbh 2025 is forecasted to provide a significant boost to Uttar Pradesh's economy, potentially generating up to Rs 2 lakh crore. This projection is based on the assumption that each of the anticipated 40 crore visitors will spend an average of Rs 5,000 during the event.
Potential Economic Impact Could Reach Rs 4 Lakh Crore
According to industry estimates cited by the news agency IANS, the average spending per visitor could increase to Rs 10,000, which may push the total economic impact to Rs 4 lakh crore. The event is expected to enhance both the nominal and real GDP of the state by more than 1%.
Previous Success: Ardh Kumbh Mela 2019
Uttar Pradesh Chief Minister Yogi Adityanath highlighted the success of the Ardh Kumbh Mela held in Prayagraj in 2019, which contributed Rs 1.2 lakh crore to the state's economy and attracted around 24 crore pilgrims. With the Maha Kumbh 2025 expected to draw in 40 crore devotees, the economic boost is projected to be even more substantial.
Key Sectors Driving Economic Growth
Food and Beverage Industry
The Confederation of All India Traders (CAIT) estimates that the food and beverage sector, including packaged foods, water, biscuits, juices, and meals, could contribute Rs 20,000 crore to the overall trade.
Religious Items and Offerings
Religious items such as oil, lamps, Ganga water, idols, incense sticks, and religious books are anticipated to add another Rs 20,000 crore to economic activities.
Transportation and Logistics
Transportation and logistics, encompassing local and interstate services, freight, and taxis, are expected to generate Rs 10,000 crore.
Tourism Services
Tourism services, including tour guides, travel packages, and related activities, are likely to contribute Rs 10,000 crore.
Healthcare and Technology Sectors
Temporary medical camps, Ayurvedic products, and medicines could bring in Rs 3,000 crore, while sectors like e-ticketing, digital payments, Wi-Fi services, and mobile charging stations are projected to generate Rs 1,000 crore.
Entertainment and Media
The entertainment and media sector, including advertising and promotional activities, is expected to add Rs 10,000 crore to the economy.
The Maha Kumbh 2025 is set to be a significant economic event, impacting multiple sectors and driving growth across Uttar Pradesh.