INDIAN JEWELLER (IJ) Dec - Jan 2020

A WhirlWind
of A YeAr!
Everything that’s gone
wrong & what lies ahead
The Face oF The indian jewellery indusTry
Vol.10 Issue.3 December 19-January 2020 300
Plus
BIG Vision
Retailers share
their key goals
for the year
How are jewellers
wooing women?
JJS 2019, Big Winners
of iJ Awards & more!
Cover Jewellery courtesy: Khurana Jewellery House, Amritsar
The Year that Was
OnE HELL
The Face oF The indian jewellery indusTry
Vol.10 Issue 2
october-noVember 2019
Editor and Publisher: Alok Kala
Associate Publisher: Arpit Kala
Senior Editor: Vijetha Rangabashyam
Business & Marketing: Gunjan Jain
Features Editor: Shreya Thakur
Features Writer : Sanjana Parikh
Graphic Designer: Dhananjay Kokate
Columnists: Gunjan Suri, Aftab Bandukwala
Subscription: India
Single Copy: 300
Annual: 1500
Overseas: US$ 150
Administrative Office:
‘Journal House’, A-95 Janta Colony,
Jaipur, 302004 Rajasthan India
Ph: +91 141 2614398, 2610906
Email: info@indianjeweller.in
jaipur@indianjeweller.in
Website: www.indianjeweller.in
Communication and Editorial Office:
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Phone- (022) 26756055/66
E-mail : mumbai@indianjeweller.in
Indian Jeweller, a bi-monthly magazine is
printed and published by Alok Kala, Proprietor,
Gem & Jewellery Information Centre, Journal
House, A-95, Janta Colony, Jaipur-302004,
Printed at Payorite Print Media Pvt. Ltd.,
Jaipur-302006.
Published from Gem & Jewellery Information
Centre, Journal House, A-95, Janta Colony,
Jaipur-302004.
Editor - Alok Kala
Registered with the Registrar of Newspapers
for India under No. RAJENG/2010/50179.
© All rights reserved. No part of this publication may be
reproduced, stored or transmitted in any form without
prior consent.
The Big Story
A HELL of a Year
This has been by far the toughest year for the industry in over a decade. Exports
are on the decrease, job losses are rampant and the industry has been punished
with a high import duty not to mention the banks’ unwillingness to support
them. A looming economic crisis and weak rupee has further led to soaring gold
prices, which further hit an all time high after the tension between U.S. and Iraq
took a sudden turn. While consumers are forced to walk into the store because
of weddings and special occasions, the demand for jewellery has otherwise
remained subdued. Vijetha Rangabashyam speaks to jewellers to find out how
they are surviving and what the need of the hour is
66
Special Feature
BIG Business Resolutions!
Renowned retailers spill the beans on
their business resolutions and what
one can expect from the market in the
coming months
80
of A YEAr
How Jewellers are
Catering to the
Women of Today
Market analysts have spent
long periods of time studying
their various moods, desires
and demands and are still
sometimes befuddled as to
what women really want. The
story conducts a litmus test
to ascertain how well retailers
know their clients.
88