Wealthy Indians Splurge on Jets and Gold Idols as Ayodhya's Ram Temple Opens

Brief by Shorts91 Newsdesk / 02:47pm on 21 Jan 2024,Sunday India

The inauguration of Ayodhya's Ram Temple sees a surge in luxury spending as wealthy devotees prepare for the invite-only ceremony. Private jet parking lots are full, and shops run out of gold-plated idols of Lord Ram. Prime Minister Modi and tycoon Mukesh Ambani are among the 8,000 attendees. The temple's construction fulfills a key promise for Modi, with the event becoming a status symbol. Luxury charters, including the Dassault Falcon 2000, are fully booked, and jewellers benefit from high demand for gold statues. The temple triggers an economic boom, attracting property investments and notable purchases like Bollywood star Amitabh Bachchan's $1.7 million plot.

Read More at Reuters

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