The Mahakumbh festival in early 2025 is expected to drive India’s Q4 FY25 GDP growth to 7.6%, according to Chief Economic Advisor V. Anantha Nageswaran. Millions of tourists and pilgrims will increase spending in hospitality, transport, and retail, giving the economy a strong push.
Infrastructure projects for the event will create jobs and boost demand for goods and services. Similar events in the past have helped economic growth, and the government is working to maximize these benefits.
Despite global uncertainties and inflation risks, the CEA believes Mahakumbh 2025 can strengthen India’s economy and drive future growth.
