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Jeweller - November Issue 2017

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INDIAN JEWELLERY FAIR<br />

Australia on show at<br />

Indian jewellery fair<br />

WHILE THE INDIA INTERNATIONAL JEWELLERY<br />

SHOW IN MUMBAI IS ONE OF THE INDUSTRY’S<br />

LARGEST, FEW PEOPLE REALISE THE IMPORTANCE<br />

OF AUSTRALIA TO THE INDIAN DIAMOND<br />

MARKET. COLEBY NICHOLSON REPORTS.<br />

he prestigious India International <strong>Jeweller</strong>y Show (IIJS) is always a large<br />

and busy event and this year’s 34th edition was no different. Organised<br />

by the Gem and <strong>Jeweller</strong>y Export Promotion Council (GJEPC) and running<br />

in late July, the trade fair’s exhibitor numbers peaked at more than 2,200<br />

and visitor numbers increased to more than 35,000 compared to the previous<br />

year’s 33,500.<br />

Visitors came from not only India but also from the Middle East, South East Asia,<br />

the Far East and Australia.<br />

Perhaps more than ever before, this year’s show demonstrated the connection<br />

between the Indian and Australian diamond markets. On entering the major<br />

exhibition halls one could not help but notice the large and prominent advertising<br />

for Rio Tinto Australian diamonds.<br />

In addition to having a prominent marketing message at the event, Rio Tinto’s vice<br />

president of sales and marketing, Alan Chirgwin, took an active role in the official<br />

inauguration of the show.<br />

Noting that this year’s IIJS was the 34th edition, Chirgwin said, “This is a significant<br />

number for Rio Tinto because it’s also 34 years since we began mining for alluvial<br />

diamonds from our Argyle diamond mine.<br />

“Thirty four years ago, very few people would have predicted that diamonds<br />

from creek beds and streams in a remote part of Western Australia would lead<br />

to a strategic partnership with India, creating new markets for fashion jewellery<br />

in the world’s largest retail diamond jewellery market.”<br />

Chirgwin went on to explain that as the Argyle mine virtually doubled world<br />

diamond production overnight, the Indian diamond industry worked hand<br />

in glove with Rio Tinto to truly understand the supply chain in order to create<br />

demand for Argyle diamonds.<br />

FUTURE GOALS<br />

GJEPC chairman Praveenshankar Pandya also outlined the council’s vision to<br />

boost gross export revenue of Indian gemstones and jewellery from its current<br />

<strong>November</strong> <strong>2017</strong> <strong>Jeweller</strong> 29

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