Thursday, Dec 9 2021 | Time 00:36 Hrs(IST)
Business Economy

13th edition of Hyderabad Jewellery, Pearl and Gem Fair Exhibition begins

Hyderabad, Oct 18 (UNI) Hyderabad Jewellery, Pearl and Gem Fair (HJF 2021), the premium B2B jewellery trade show of South India, being organised by Informa Markets in India (IMI), commenced its 13th edition at the Hyderabad International Convention Centre (HICC) here on Monday.
The exhibition is being held in association with the Hitech City Jewellery Manufacturers Association (HJMA), Telangana Bullion Gems & Jewellery Federation and India Bullion and Jewellers Association (IBJA), was inaugurated by Telangana State Additional Director General of Police Ms. Abhilasha Bisht, in the presence of Joyalukkas Jewellery Chairman and Managing Director Varghese Jos Alukkas, Gem and Jewellery Industry Expert Ms. Nirupa Bhatt, HJMA President Mahendra Tayal, HJMA Convener Mukesh Agarwal and IMI Managing Director Yogesh Mudras.
The show has witnessed participation from Indian cities such as Mumbai, Jaipur, New Delhi, Thrissur, Rajkot, Ahmedabad, Chennai, Surat and Bangalore.
This year, over 500 + traditional, modern and innovative leading designer brands from across the country have showcased over 50,000 of their finest jewellery and artisanal collections.
The exhibitors comprised jewellery brands, fine finished Jewellery manufacturers, wholesalers, retailers, importers and exporters, jewellery manufacturers, machinery manufacturers, diamond, gemstone, loose stones and pearls manufacturers, precious metal and jewellery mounting traders, packaging and display, hallmarkers, assayers and representatives from trade and government bodies.
Speaking at the inauguration, Ms. Abhilasha Bisht, said, these exhibitions are very important as they tend to connect the retailers to manufacturers from across the country and help create a platform to showcase unique designs.
Speaking on the occasion, Ms. Nirupa Bhatt, who is also the Executive Coach & Strategic Adviser, Leadership Circle Practitioner, urged all jewellers to continue to bring in distinctive and innovative designs and create a niche segment for pearls.
Yogesh Mudras, said, “India is leading the number one position among the top exporters in cut and polished diamonds and second position in gold jewellery, silver jewellery and lab grown diamonds. The second quarter of 2021 has been satisfactory for businesses as establishments were better prepared for lockdowns compared with 2020.
Total jewellery demand in terms of volume increased by 25 per cent YoY to 55 tonnes in the second quarter of 2021, he said the recent move by the Indian Government making hallmarking mandatory for Gold Jewellery and Artefacts, we believe, this is an important step for a country like India where gold is purchased from organised as well as unorganised players.
It will standardize the purity of gold jewellery and lead to a more structured sector, creating a fair ecosystem for smaller jewellers and the community at large, he added.
Mahender Tayal, said this is a great platform for the manufacturers, Wholesalers, retailers and designers to come along and network together. It is giving an opportunity to each and everyone in the Industry to contribute towards business growth.
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