Maha Kumbh Festival in Prayagraj Brings Over Rs 3 Lakh Crore in Economic Activity

Maha Kumbh Festival in Prayagraj Boosts Economy with Over Rs 3 Lakh Crore in Business Activity

Prayagraj, February 21, 2025 – The ongoing Maha Kumbh festival in Prayagraj has brought a significant boost to the local economy, with an estimated business turnover exceeding Rs 3 lakh crore (USD 360 billion). The festival, which began on January 13 and will run until February 26, has drawn millions of devotees, creating new business opportunities and invigorating local trade.

According to Praveen Khandelwal, Secretary General of the Confederation of All India Traders (CAIT), the Maha Kumbh has had a positive impact on numerous sectors. These include hospitality, food and beverages, transport, religious products, handicrafts, textiles, healthcare, media, and telecom services. The large number of visitors has also led to a surge in demand for various goods and services, benefiting local vendors and businesses.

The economic benefits of the festival are not limited to Prayagraj alone. Nearby cities, including Ayodhya and Varanasi, have also seen a rise in business activity, with towns within a 150 km radius experiencing significant growth. To accommodate the large influx of pilgrims, the Uttar Pradesh government has invested Rs 7,500 crore in improving infrastructure, including the construction of flyovers, roads, and underpasses.

The Maha Kumbh is expected to leave a lasting impact on India’s trade, commerce, and cultural landscape. With its massive economic footprint, the event highlights the strong connection between faith and commerce, setting a new benchmark for future events.