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The Gem & Jewellery Export Promotion Council (GJEPC) has presented the exquisite India International Jewellery Show (IIJS) Tritiya, set in Southern India at the Bangalore International Exhibition Centre (BIEC), from 17 to 20 March 2023, a month before the traditional gold jewellery buying festival of Akshaya Tritiya. Following the resounding success of IIJS Premiere in Bengaluru in 2021, the IIJS Tritiya has further revealed the South’s untapped potential.
The grand inauguration of the IIJS Tritiya 2023 was graced by prominent guests, including Dr. Murugesh R. Nirani, Minister for Large and Medium Industries, Government of Karnataka, and the esteemed Shri T. S. Kalyanaraman, Managing Director of Kalyan Jewellers. Together with a distinguished guest list, including Vipul Shah, Chairman, GJEPC; Kirit Bhansali, Vice Chairman, GJEPC; R. Arulanandan, Director of the Department of Commerce, and Suresh Kumar Ganna, President, Jewellers Association Bengaluru, the show opened its doors to a world of infinite possibilities.
Dr. Nirani said, “Karnataka is one state with multiple opportunities and possibilities, and Bangalore is the epicenter of South India’s domestic and international trade. After establishing leadership position in technology, IT services, software, electronic manufacturing services, mobile phone handsets and semi-conductors, we are now aspiring to enhance our gem & jewellery business, as this industry contributes significantly to India’s exports. The upcoming gem & jewellery park in Karnataka will become a significant hub of South India and generate more than 1 lakh jobs.”
Mr. Kalyanaraman, the Guest of Honour, said, “The gem & jewellery business undergoes constant evolution, and participating in IIJS shows regularly has helped in keeping us updated with the times. IIJS Tritiya is a great opportunity for South Indian entrepreneurs in the gem & jewellery business to make their mark and connect with international and domestic buyers.”
Mr. Shah, Chairman, GJEPC, added, “IIJS Tritiya is poised to act as a catalyst for further advancement of the gem and jewellery industry in Karnataka, benefiting both manufacturers and retailers. We are already witnessing a surge in exports from this state. The show presents exporters from southern India the opportunity to take their business to the next level. Currently, India’s overall gem & jewellery exports account for USD 40 billion, and our goal is to reach USD 75 billion exports by 2030.”
The show offers an exceptional platform for the exhibitors to showcase their products, providing them with valuable insights into diverse markets and their ever-changing tastes and trends. IIJS Tritiya, the third exhibition under the IIJS banner, features more than 800 exhibitors and over 1,500 stalls, spread across Halls 4 and 5, covering an area of 45,000 square meters. The event is expected to attract over 15,000 trade visitors from 600 cities and will showcase a wide range of products, including gold and gold studded jewellery.
Moreover, GJEPC and Jewellers Association Bengaluru (JAB) have signed an MoU to work together to enhance and develop the jewellery manufacturing and trade in Karnataka. GJEPC is supporting the Jewellers Association Bengaluru in setting up a Jewellery Park in Karnataka, aiming to offer efficient assistance to jewellery manufacturers and traders seeking to expand their operations in the state of Karnataka.
This exhibition, as a B2B platform, has been instrumental in promoting and developing the gem & jewellery business in India. With an expected turnout of over 15,000 trade visitors from 600 cities and products ranging from gold and gold studded jewelry to the latest trends and designs, IIJS Tritiya, along with Signature and Premiere, is likely to generate business of over Rs. 1 lakh Crore in 2023. Lastly, the GJEPC has committed to its “One Earth” initiative, targeting to plant 1 lakh trees this year towards making all their shows carbon-neutral.
