Kanchipuram sarees become 50% expensive, you will be surprised to know the reason

Due to rising gold prices, kanchipuram sarees have become expensive by 50%. Due to this inflation there has been a decline in the sales of kanchipuram sarees. kanchipuram sarees become 50% expensive, you will be surprised to know the reason

Wedding season has started, people go to the market for shopping. When it comes to wedding sarees, the first thing that comes to mind are kanchipuram silk sarees. people gather in textile showrooms to buy it. But, now kanchipuram silk sarees will be heavy on your pocket.   In fact, due to the skyrocketing prices of gold, internationally famous silk sarees have become expensive. The price of kanchipuram silk sarees has increased by 50% in the last eight months, leading price-conscious consumers to turn to sarees that either contain less gold and silver or do not contain the two precious metals. 

Kanchipuram silk sarees become expensive

A decline of 20% is being seen in the sales of kanchipuram silk sarees. K Sivakumar, managing director of RMKV, told TOI, “Many customers come with a specific budget and prefer (Kanchipuram) silk sarees with low gold and silver content, while some reduce the number of sarees as per their budget. Let's give".

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