【India】IIJS: International Jewellery Show a Hit, Expected to Generate Rs 50,000 Crore Business in 4-6 Months, Diwali to be Bumper – GJEPC

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Editor’s Note

The India International Jewellery Show (IIJS) concluded successfully in August, with organizers expressing strong optimism for the upcoming Diwali season.

International jewellery show to generate Rupees 50,000 crore rupees business in 4-6 months according to GJEPC IIJS: इंटरनेशनल ज्वैलरी शो रहा हिट, 4-6 महीने में 50,000 करोड़ रुपये का कारोबार होगा, दीवाली होगी बंपर-GJEPC
GJEPC: India International Jewellery Show (IIJS) Held This Year

The India International Jewellery Show (IIJS) was organized this year from August 4 to August 8, 2022, and the Gem & Jewellery Export Promotion Council (GJEPC) is very pleased with the response it received. According to Chairman Colin Shah, this year’s Diwali will be a bumper one.

What GJEPC Chairman Colin Shah Said
Exclusive: 'अभी ट्रेड डील पर नहीं...', किसानों को लेकर अमेरिकी कृषि मंत्री के बयान पर क्या बोलीं वित्त मंत्री निर्मला सीतारमण

In a statement, GJEPC Chairman Colin Shah said:

“We estimate that the five-day exhibition held from August 4 will generate business worth Rs 50,000 crore in the next 4-6 months. It has not only delighted its participants but also indicated that jewellery sales at the retail level will increase during the festive and wedding season.”

He added:

चोली-भौजी बजाने वाले सावधान! अश्लील गाने पर बिहार में होगी FIR, सम्राट चौधरी का आदेश
“Despite the recent duty hike on gold, market sentiment towards the yellow metal has remained strong, and given the unprecedented buying seen at IIJS Premiere, there is no doubt that this is going to be a bumper Diwali.”
What Was Special at the IIJS Exhibition

At this show, 1,790 participants displayed, among other items, gold and gold CZ (cubic zirconia) set jewellery, diamonds, gems and other set jewellery, retail precious stones, silver jewellery, artefacts and gifting items, laboratories and education, and machinery. GJEPC convener Shailesh Sangani said that approximately 50,000 people visited the exhibition. This included 1,500 people from over 60 countries, including the USA, Canada, the UK, Hong Kong, West Asia, Europe, Bangladesh, Nepal, Russia, Thailand, and Egypt.

संजू सैमसन छोड़ दें टी20 वर्ल्ड कप का ख्वाब, पूरे टर्नामेंट गर्म करनी पड़ेगी बेंच? कप्तान सूर्या ने दिया बड़ा हिंट
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⏰ Published on: August 12, 2022