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Indian Jeweller (IJ) Magazine August -September 2019

Volume 10 | Issue 1 August September 2019

Volume 10 | Issue 1
August September 2019

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Show RepoRt<br />

What they Said<br />

Looking at the current market situation,<br />

the show has gone well. Even though<br />

gold is expensive right now, it is a<br />

commodity that will always appreciate.<br />

Jadau, meenakari and other traditional<br />

jewellery are doing well.<br />

Praveen Agarwal, Geeta Shyam<br />

<strong>Indian</strong> jewellery market is into transition<br />

mainly due to changes in the economy<br />

in terms of GST and banking. In terms of<br />

designs there is a complete paradigm shift<br />

as pastel colours are doing well and coloured<br />

stones are being accepted. More minimal<br />

jewellery catering to the millennial bride has<br />

been popular this season.<br />

Abhishek Raniwala, Raniwala 1881<br />

Upcoming wedding season has seen a lot<br />

of jewellers looking for exceptional coloured<br />

stones to use in their jewellery. We deal in<br />

high end collector’s items that consumers<br />

love to see. Emerald, rubies, sapphires are<br />

always a favourite and there is high demand<br />

for Colombian emeralds which are selling for<br />

as high as $2000-$2500 per carat.<br />

Kamal Punjabi, T.T. Gems<br />

Innovation is important in every sector.<br />

If you don’t come out with good designs,<br />

then you are not going to get attention.<br />

When people visit our booth, first thing<br />

they enquire is about the new collection<br />

we have come out with for I<strong>IJ</strong>S.<br />

Vikas Mehta, Achal Jewels<br />

The show has brought very positive<br />

sentiments for the market. This year,<br />

we have seen more than 30,000 unique<br />

visitors. Show has concluded very well,<br />

defintely above expectations.<br />

Mansukh Kothari, Convener, National<br />

Exhibitions<br />

Highlights<br />

• 30,000 visitors attended<br />

the show through four<br />

days<br />

• 2nd and 3rd day of<br />

the show saw packed<br />

audiences with Hall 7A<br />

seeing the most number<br />

of crowds<br />

• Preview day continues<br />

to be a waste of time<br />

without any value<br />

addition<br />

• Entry and exit continue<br />

to be tedious<br />

• A versatile portfolio of<br />

international attendance<br />

is much needed<br />

• The trade has seen a<br />

30 per cent decrease in<br />

business volumes<br />

• Price in gold hike has<br />

had its impact on the<br />

show<br />

• Gold, light weight<br />

jewellery performed well<br />

• Jadau and colourstone<br />

jewellery witnessed<br />

decent enquiries<br />

• Diamonds have fared<br />

better than last year<br />

120 | august-september <strong>2019</strong> | INDIAN JEWELLER

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