Jaipur,12 February, 2019: Furthering India’s jewellery legacy! The Gem & Jewellery Export Promotion Council (GJEPC) presented the trade with two wonderful opportunities to commence the Year’s buying season with the 12th edition of Signature IIJS and the 6th edition of India Gem & Jewellery Machinery Expo (IGJME) from 10-13 February 2019 at the National Exhibition Centre, Goregaon, Mumbai. Dr. Subodh Kumar Agarwal (Addn. Chief Secretary – Industry, Govt. of Rajasthan) and Mr. Pramod Kumar Agrawal (Chairman, GJEPC) inaugurated IIJS Signature 2019 in the presence of Mr. Ashok Gajera (Regional Chairman, GJEPC), Mr. Shailesh Sangani (Convener, National Exhibitions Sub-Committee, GJEPC), Mr. Mansukh Kothari (Co-Convener Exhibitions & COA – Gold Jewellery, GJEPC), Mr. Kirit Bhansali (Co-Convener Exhibitions & COA-Diamond Panel, GJEPC) and Mr. Sabyasachi Ray (Executive Director, GJEPC). The distinguished dignitaries also unveiled the IIJS Signature 2019 and IGJME catalogue on the momentous occasion.
IIJS Signature 2019 showcased the most coveted premium jewellery and flagged off the new buying season. The event hosts more than 750+ exhibitors and 1,400+ booths and is expected to attract 18,000 visitors from over 325+ cities and towns pan India and more than 55 countries globally. Buyer delegations are from countries such as the UK, UAE, Russia, Malaysia, Iran, Sri Lanka, Bangladesh, Nepal & Uzbekistan amongst others.
Addressing the inaugural session, Mr. Pramod Kumar Agrawal, Chairman, GJEPC, said, “The IIJS Signature show is one of the key engines of the industry’s future growth and a benchmark for the global industry. We have set ourselves an ambitious target of total gem and jewellery exports from $42 billion at present to $75 billion by the year 2025. The world-class gems and jewellery showcased at this premium exhibition is the culmination of the industry’s hard work, and IIJS Signature is a crucial component of fulfilling India’s legacy of being the “Jeweller to the World”. We have plans to redesign the Show after inviting feedback from all constituents.” He added, “The Gem & Jewellery Export Promotion Council (GJEPC) has remained steadfast in its determination to bring positive change to the industry. We are engaged with the authorities at the highest level to ensure that major policy reforms are balanced with ease of doing business. The recently concluded India Gold & Jewellery Summit will expedite the implementation of a comprehensive gold policy, which will transform the entire jewellery ecosystem.”
Dr. Suresh Prabhu, Hon. Union Minister for Commerce & Industry, Govt. of India, said in a video message, “GJEPC is the nodal body for gem & jewellery exports a mounting to around USD 42 billion every year and employment for around 5 million people especially in rural areas. These exports result in value addition and create huge global opportunities for business and employment. The gem & jewellery business is part of a global supply chain and integrated ecosystem ranging from Antwerp to Hong Kong to Surat to Mumbai, etc. Government has announced the first ever Domestic Council and an integrated Gold Policy – all of which will lead to more and more growth for the Make in India gem & jewellery industry.”
Dr. Subodh Kumar Agarwal, Additional Chief Secretary-Industry, Government of Rajasthan State, said, “Technology is growing exponentially and is the key to innovate and stay ahead of the curve. The gem & jewellery business creates jobs and is non-polluting. The Rajasthan State Government is now in the process of creating a new Industrial policy where the law will abolish all existing laws. For MSMEs, we want to encourage self-regulation and waiver of all rules for 3 years. We want to make Jaipur the gemstone & jewellery capital of the world.”
Mr. Shailesh Sangani, Convener, National Exhibitions Sub-Committee, GJEPC, added, “As IIJS Signature enters its 12th year, GJEPC takes pride for having nurtured and developed what has become the undisputed second-biggest show in the country. Unceasing demand from exhibitors has transformed it from a niche boutique show in its initial phase to an expanded version that in many ways resembles the flagship IIJS exhibition from less than a decade ago. The Council remains focussed on maintaining the design-conscious profile of IIJS Signature, where visitors can source globally appealing jewellery that’s a class apart. From the spectacular collections on display each year, it is evident that exhibiting companies are keeping an ear to the ground as far as evolving consumer preferences are concerned. Catering to millennials’ tastes is the next big challenge that the industry must prepare for.” He added “Alongside IIJS Signature, we have the latest in gem and jewellery manufacturing technology and equipment on display at the 6th edition of the India Gem & Jewellery Machinery Expo (IGJME).”
Mr. Pramod Kumar Agrawal, Chairman, GJEPC, launched GJEPC’s toll-free number 18001034353 (Missed Call on 917208048100). He also announced that GJEPC has had discussions with Rajasthan Government to set up first-of-its-kind world class Gem Bourse in Jaipur similar to the Bharat Diamond Bourse, Mumbai. He said that the Jewellery Park in Navi Mumbai envisages an estimated investment of Rs. 13,800 crore from the Industry and will help add one lakh jobs in the sector. GJEPC has set up Common Facility Centres (CFCs) at Amreli, Visnagar, Palanpur and Junagadh and Government has sanctioned more CFCs in Rajkot, Kolkata, Jaipur and Hyderabad. GJEPC has hired NCAER to do a cluster mapping survey. GJEPC is going to upgrade GJEPC run laboratories with world class facilities to follow the highest standards.
IIJS Signature 2019 provides a perfect platform for the country’s leading manufacturers and retailers to facilitate an exchange of market insights and knowledge, providing networking opportunities for business. In addition to that, an exclusive ‘By Invitation Only’ Networking Evening has been organised for exhibitors and buyers to further explore business opportunities and strengthen existing business ties. This year, the overseas visitor registration too has witnessed a steep increase when compared to last year indicating the growing importance of the show across the globe to source exquisite jewellery. The ‘on the spot’ registration facility is expected to increase visitor footfall significantly. The show, which features well defined sections of Diamonds, Gemstones and studded Jewellery in addition to International, this year, the Gold section will be further extended to accommodate more number of exhibitors under this category. The main highlight of the show is the Signature Club which showcases the most exquisite couture jewellery by the leading Manufacturers of the Country. Signature IIJS provides a perfect platform for the country’s leading manufacturers and retailers to facilitate an exchange of market insights and knowledge, providing networking opportunities for business. In addition to that, an exclusive ‘By Invitation Only’ Networking Evening has been organised for exhibitors and buyers to further explore business opportunities and strengthen existing business ties.
Concurrently, the visitors will get to witness IGJME, Asia’s largest gem & jewellery technology fair. IGJME is a strategic initiative of GJEPC planned to help manufacturers to witness new ideas, discover innovative technical know-how and learn cutting-edge techniques in production. The revolutionary technology exhibited at the show is expected to drastically improve the quality of the products while minimizing the raw material wastage at the same time. IGJME will provide an opportunity to interact with leading suppliers of machinery, tools, components, packaging accessories and allied products from all over the globe, who will showcase cutting edge technology, such as laser machines, computerized yield planning machines, advanced bruiting lathes, diamond impregnated scaife, etc.
Technology today plays a major role in every aspect of jewellery making. The use of the latest equipment and technology will be a crucial component of India’s vision of becoming the leading jewellery hub in the world. The world’s leading technology and equipment providers in the gem and jewellery sector will be making a beeline to the 6th India Gem & Jewellery Machinery Expo (IGJME). Make the best of Asia’s largest gem and jewellery technology fair, whose sole aim is to upgrade India’s gem and jewellery manufacturing infrastructure. Around 120+ leading companies will present cutting-edge equipment and technology at the Bombay Exhibition Centre, Mumbai.
IGJME 2019 will draw participants from countries like the US, UK, China, Turkey, Italy and Germany among others. Cutting-edge technology enhances productivity and quality which is at par with international standards, making it the perfect channel for realising the ‘Make in India’ dream. Visit IGJME to gain a deeper insight into the ever-changing world of gems and jewellery.
For more details, logon to:www.iijs-signature.org/www.gjepc.org/igjme