MINIMUM ONE DOSE OF VACCINATION MANDATORY TO VISIT IIJS PREMIERE Gem & Jewellery Export Promotion Council
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MINIMUM ONE DOSE OF VACCINATION MANDATORY TO VISIT IIJS PREMIERE For Visitor Registration www.gjepc.org/iijs-premiere/ No On-Spot Registration IIJS re m ie Preeekly W2 Edition nd
37th Edition 77,200+ sq. mtrs IIJS Premiere 1,300+ Finds A New Home Exhibitors in Bengaluru 2,500+ Booths M oving destinations after attractions. The sprawling over three decades of complex with multiple halls being associated with one city, is no easy task. But come Covid, and the world offers premium exhibition space of 77,200 sqm and is nestled in the green 30,000+ witnessed tsunamic disruptions landscape spread over Trade Visitors in all walks of lives. several acres. The BIEC has After nearly one-and-a-half a dedicated technology and Product years of lockdowns and curfews, business centre and a multi- the situation eased considerably cuisine food court. due to the aggressive roll out of the vaccination programme. The centre has 5 Exhibition Halls with separate areas for Section With more than half the registration and inaugurations population being vaccinated, the and state-of-the-art meetings, Gem & Jewellery Export Council incentives, conferencing, (GJEPC) decided to hold its exhibition facilities and support first physical show post the services. To top it, there is a Gold Jewellery pandemic to breathe life into the huge parking space that can gem and jewellery segment, and, accommodate nearly 10,000 in turn, boost trade. It’s time to vehicles. All categories of hotels Colour & Diamond return to physically browse the are situated within 20 kms from Stone Jewellery inventory on display! the exhibition area. The permanent abode of IIJS -- Tamil Nadu, Kerala, Andhra To alleviate the risk in holding Premiere, Bombay Exhibition Pradesh and Karnataka; and an exhibition of large scale Couture Jewellery Centre, Nesco, Mumbai, being the whole of India as well due such as the IIJS, the Council has unavailable, the hunt began to established transportation enforced strict safety measures Loose Stones in earnest for a new venue routes. The Kempegowda -- the no vaccination, no entry and finally the sights were International Airport connects rule applies to all who enter the set on Bengaluru after long Bengaluru with 300+ cities show. The exhibition spread Allied Section deliberations. with 30 airlines operating direct across 5 halls ensures adherence flights to the city. to restrictions on maintaining a Machinery Section New city. New venue. Same The Bengaluru International safe mandatory distance while IIJS. Exhibition Centre (BIEC), India’s conducting business. Already, Bengaluru is an inspiring largest and sophisticated we are getting feelers that the Laboratory & destination. The Silicon Valley of destination for trade shows, highly anticipatedshow of the Education India, the capital of Karnataka, finds place of pride in the year will offer unique and new is well connected with the four vibrant and cosmopolitan products that are in alignment large states of southern India city that has several tourist with the market demand.
Messages Messages Vipul Shah Vice Chairman, GJEPC Collectively, the gem and jewellery industry stood tall in the face of the pandemic. We, at the Coun- cil, debuted virtual trade fairs and buyer-seller meets to keep the momentum going and the Q3 and Q4 reflected their success. While IIJS Virtual offered us a digital window to reconnect and check the pulse of the market, the physical show will help us to rekindle ties in person. IIJS Premiere will bring back the touch and feel factor when selecting gems and jewellery, which is always a prerequisite when placing bulk orders. During the pandemic, the Government of India provided multiple relief measures for the industry. It goes without saying that the Government is keenly supporting and taking this sector to a new lev- el. The Government has rationalised the import duty on gold, silver and platinum. It has also come up with the revamped Gold Monetisation Scheme and it’s a win-win for all as it will unlock tonnes of idle gold in India. This will not only benefit the consumers, retailers and banks, but the nation as well. As an industry, we should make sure that we take advantage of the conducive business environ- ment created by the Government for the gem and jewellery trade. I wish everybody a successful IIJS Premiere 2021. Shailesh Sangani Convener, National Exhibitions, GJEPC Get ready for this year’s first mega gem and jewellery show IIJS Premiere 2021. The show is being held at the Bengaluru International Exhibition Centre, Karnataka, and is spread across 5 Halls with over 1,314 exhibitors and 2,535 booths. GJEPC has taken all the precautionary measures against Covid-19. We have made the registration processes completely digital – registration is mandatory through GJEPC’s online app, digital contactless badges will be issued (no physical badges), visitors and exhibitors have to compulsorily download the Aarogya Setu App. Moreover, for entry into the exhibition, visitors must have taken at least one vaccine dose. In accordance with State and Central Government SOPs and guidelines, the social distancing norm of 3.25 square metres per person will be strictly adhered to. I would like to thank our exhibitors and visitors for reposing faith in us to help organise IIJS Premiere 2021 in physical form. Best of luck! Sabyasachi Ray Executive Director, GJEPC GJEPC has always led the industry from the front. IIJS Premiere 2021 is an opportunity for us to reinstate our leadership by organising a show by following all the safety measures against Covid. Over the last several months, GJEPC has not only been tapping new markets but also seeking new ways to do business for its members. The Council has been working for a comprehensive e-commerce policy for the gem and jewellery industry. An MoU was signed with eBay to provide impetus to Indian gem & jewellery sellers on the global e-marketplace and explore potential business collaborations for facilitating sectoral growth. The Council is also making sure that our trade members avail maximum benefits of the Government schemes available. GJEPC recently signed an MoU with the National Small Industries Corporation (NSIC), to enable our members, especially the MSME units, to avail their various schemes. The Council continues to take a holistic approach for the sustainable growth of this industry. I am sure that IIJS Premiere 2021 will put our industry on a growth trajectory in terms of exports and domestic sales. Zero Cancellation LAST FEW fees till 10th Sep 2021 ROOMS LEFT Hurry FOR IIJS PREMIERE 2021! Book Now ! HOTEL BOOKING IS LIVE.. To Book, Visit www.gjepc.org/iijs-premiere/
Travel Talk Five Tourist Attractions Around Bengaluru From historical monuments and museums to idyllic gardens and famous temples, there is a lot to explore in the Garden City. Bengaluru is known as India’s Silicon Valley as well as the Garden City of India. A hub for tech and start-up ventures, the city beautifully amalgamates business with pleasure, intertwining the past and the present in its myriad tourist spots. There are several notable monuments, palaces, parks, shopping destinations and spiritual places that you can visit during your stay in Bangalore. The all-year round pleasant weather is an added advantage to make the most of your day. Here are a few to get you started: Bangalore Palace Bangalore Palace Address: Mavalli, Bengaluru Built in 1887 for Chamaraja Address: Palace Road, Vasanth Time: 6:00am to 7:00pm; Entry is Wadiyar X, the palace and its Nagar, Bengaluru free from 6:00am to 9:00 am and sprawling lawns will immediately Time: 10am to 5:30pm from 6:00pm to 7:00pm transport you to the English countryside for the architecture Cubbon Park Tirumala Tirupati Temple has been inspired by Windsor Take a break from the hustle and There are several temples in Castle in England. bustle of the exhibition to connect Bengaluru itself such as the The Tudor architecture, elegant with nature at one of the many ISKCON temple and the Bull wood carvings, hunting trophies lush green spots in Bangalore. Temple (Dodda Basavana Gudi), and countless photographs that Cubbon Park, Bangalore’s version but for those who long to make decorate the palace walls serve as of Central Park is lush with 6,000 the hallowed pilgrimage to Sri a testament to the splendour of varieties of trees. Known as the Venkateswara temple in Andhra one of South India’s most enduring lung of Bengaluru, the 300-acre Pradesh, it is only 5 hours away dynasties. park also hosts a library, museum, from Bengaluru and the journey The Palace is also home to tennis academy, aquarium and a Lalbagh Botanical Garden can be undertaken by road. renowned paintings from the 19th toy train within its boundaries. Address: Tirupati, Andhra Pradesh and 20th century, included works Address: Kasturba Road, Once a private garden for the Time: 6:30am to 7:30pm by Raja Ravi Varma, one of India’s Bengaluru city’s royal rulers, the 240-acre most famous painters. History Time: 6.00am to 6:00pm; closed garden derives its name from the If your schedule doesn’t permit buffs can also visit Tipu Sultan’s on Mondays and second Tuesdays: red roses that bloom throughout you to travel, you can sit near the Summer Palace, which is 7km 10am to 5:30pm the year. The exotic plants and banyan tree in the BIEC Complex away. Lalbagh Botanical Garden trees are a sight to behold and itself which shelters a Buddha attract a number of birds and statue. Rest your tired feet, relax, Tirumala Tirupati Temple fauna. It houses a majestic glass say a silent prayer or catch a few house that takes its cue from the moments of quietude before you Crystal Palace in London. get back to business again. Cubbon Park
Talking Point “Let One IIJS Be A Roaming Trade Show For The Southern Region” Sultan Mohideen, Proprietor, H. M. Sultan Mohideen Jewellery, Chennai, talks about the reasons why Bengaluru is one of the ideal options for holding IIJS Premiere. What are your views about IIJS It’s a wonderful initiative to bring What kind of gem-studded Premiere moving to Bengaluru? the IIJS show here, but I would jewellery would you prefer? We are very happy that the request the GJEPC that in the We will look at newer types of mega show has moved to South future, hold one permanent coloured gemstones. Consumers India. The South is one of the show in Mumbai, but a roaming today are well informed due to biggest consumers of gold show in the southern regions. the digital revolution, and they jewellery and for the entire Each year, the venue could shift are seeing a lot more products region – Karnataka, Andhra to one of these three important online than offline. Demand for Pradesh, Kerala and Tamil Nadu cities: Bengaluru, Chennai and new, but cost-effective items is – the proximity to the show Hyderabad. I believe that these soaring. makes it attractive. Retailers, three venues in the south should So, I will definitely look for who travel by train, it is a night’s be kept permanent. something fresh. I am waiting journey for them. This is a huge for manufacturers to surprise advantage for all jewellers from What would you intend to buy visitors. the southern region to attend a at the show? show of international standards I want to source gemstone and which is in their proximity. diamond-studded jewellery Bengaluru is a wonderful which is light in weight. place in terms of infrastructure, Designs should be fresh and climate, and easy availability of eye-catching. hotel accommodations. I am sure after the pandemic, and all eyes Last one and a half years, that the quality of the show held are on this show for the simple there have not been any shows at the Bengaluru International reason that the buying season in the country, and many Exhibition Centre will be as good has started for Diwali, which is changes may have happened or even better than at Bombay around two months away. This is on the production side since Exhibition Centre, Mumbai. a convenient time for jewellers manufacturers must have to plan and purchase. had enough time to engage What are your expectations in research and development from the show? Any suggestions for future to design and develop new This is the first physical show trade shows? collections. “Gold Jewellery Will Be On My Radar @ IIJS” Tanya Rastogi, Director, Lala Jugal Kishore Jewellers, Lucknow, explains the reasons why she will look to stock up on gold jewellery for the next two quarters. What are you planning to source other additions, we would be at the show? interested in booking it. This time, the demand for gold is even higher, therefore we will be What are your customers focusing more on gold jewellery looking for these days? segment. We have realised after the We are expecting a positive pandemic that, if anything, season ahead of us and so jewellery has a lasting intrinsic everything needs to be sourced value. No matter whether the – gold, diamond, and polki price is high or low, demand jewellery. But the focus will be on for heavy gold jewellery is gold jewellery. the preferred choice of our customers. Even if customers What percentage of your annual have a limited disposable sourcing requirements do IIJS income, they are likely to buy Signature and IIJS premiere gold jewellery right now. account for? I’d say, roughly 20% to 30% of What is your outlook for the yearly consumption is bought jewellery retail sales in 2021? at IIJS. However, more than the Last several months were percentage, we must understand not good for us due to the that this sets the tone for buying lockdowns and curfews. for the entire year, and only after Consumer demand was pent whatever is bought at the IIJS up, and in the coming quarters, do we launch our campaigns. So, gold jewellery is in demand, we are hoping for good sales. it does not only define what is Keeping the gold price in mind, but even heavy gold sets have Also, most weddings havebeen being booked there, but it also will you look to source more good acceptance because of postponed to the last quarter this defines what has to be bought lightweight items this time? the returns on high metal rates. time due to the second wave. So during our second and third That depends on the kind of So, if it is pure gold jewellery I guess we will have a promising orders. variety. As of now, lightweight without any Kundan or any 2021 in terms of jewellery.
Visitor WishList “We Expect to Buy 35% of Our Annual Inventory At IIJS This Year” Dr. Saurabh Gadgil, Chairman and Managing Director, PNG Jewellers, Maharashtra, talks about his company’s sourcing requirements and predicts the future of the industry in the near future. Are you happy to visit IIJS look at all the categories and bridal kadas, etc. Premiere in Bengaluru? source the best from across First, we are happy that IIJS the country for our customers. What jewellery are your retail 2021 is happening in its physical The event is slated right before customers looking for these version. Maharashtra, as we the festive season, and Navratri days? all know, is still in the middle starts on the 5th of October. Lightweight jewellery is of recovery from the second Our team will do a lot of a clear winner. There are wave. Therefore, the next logical festive buying in all categories multiple considerations for it choice is Bengaluru. Covid of gold such as earrings, -- today, customers are making cases in the state of Karnataka pendants, mangalsutras, etc. ‘happiness’ purchases, which are very low compared to other In diamonds, we are keen to means making purchases states. source lightweight jewellry, to feel happy about oneself Second, the four states new designs, and heavy bridal by virtue of coming out of of South India account for jewellery. Our marketing team Covid, purchasing on impulse, nearly 35% of overall India is excited to participate in the etc. There is also a spurt in consumption with respect to knowledge sharing forums to spontaneous/surprise gifting the jewellery sector. Hence, it learn more about the current in the lightweight category would be easier for businesses and future trends in the amongst our customers. from the Southern states to visit industry. the exhibition. Besides, what What is your outlook for I have come to understand is What percentage of your jewellery retail sales in 2021? that the Bengaluru Exhibition annual sourcing requirements Market will get more organised Centre is a huge, sprawling do IIJS Signature and IIJS in the next six months with complex, which will allow for Premiere account for? HUID and other initiatives. Covid-appropriate protocols This year, our purchasing at IIJS Business will become more to be followed. As we know, will be more than usual since The focus will certainly be on transparent; stronger systems the Nesco centre in Mumbai it is happening right before lightweight jewellery as that is and processes will provide is currently converted into a the festive season, which is moving really fast. Gold prices better quality to the customer. Covid-19 centre and it was only almost 1/3rd of the entire year’s are still around the Rs.48,000- The overall number of players logical to move the event to purchase. So we expect to Rs.49,000 mark, so there is will shrink and with that, the a new venue. All in all, it’s a buy around 35% of our annual certainly some pressure on pressure on pricing discounts good step forward to ensure requirements at IIJS events this that end, which, in turn, is will go down. The focus shall that business is conducted in year. The scale of our buying driving an increase in demand once again come back on a modern, convenient and safe will also depend on the new for lightweight jewellery. quality, variety in designs, environment. trends emerging at IIJS, as they With the festive and wedding transparency and good will bear a huge impact over the season coming up, we are also practices. Retailers can look What are you planning to next six months of business for interested in sourcing heavy at better margins and a more source at the show? the festive season. weight, bridal jewellery. We organised market in the year As always, the show will estimate 60% in lightweight 2021-22. The worst is behind us display new designs in gold, Keeping the gold price in mind, jewellery purchases and 40% in and we are looking forward to diamond, silver and coloured will you look to source more heavy bridal jewellery like bridal good times ahead! stone jewellery. We are keen to lightweight items this time? sets, long necklaces, haars, “Our Focus Will be On Bigger Designer Jewellery” Snehal Choksey, Director, Shobha Shringar, Mumbai, reveals that almost 50 percent of their inventory is booked at IIJS, and this time on, he wants to source one-off heavy pieces. What are you planning to source because we not only source at come looking for one-of-a-kind at the show? the show as well as book orders piece/s. This is what they expect As always, I will be going with which stagger for 2-3 months. when they walk into a designer very high expectations to jewellery house like Shobha source and to get leads for Keeping the gold price in mind, Shringar Jewellers, and so, we the new season, in terms of will you look to source more ensure that we never disappoint the colour tones, designs, and lightweight items this time? them. various utilisation of pearls and No, I don’t think that a fall in the coloredgemstones. And I’m sure I price of gold deters our clients What is your outlook for won’t be disappointed. from buying bigger/bridal/ jewellery retail sales in 2021? designer pieces, so our focus We are very optimistic about What percentage of your annual primarily is on bigger pieces. jewellery sales for 2021, and sourcing requirements do IIJS we anticipate a very good Signature and IIJS Premiere What jewellery are your demand and for which, we have account for? customers for these days? overstretched ourselves more I would estimate it at 40% to 50% As always, our retail customers than any other year.
Visitor WishList Ishu Datwani, Vaibhav Director, Anmol Jewellers Saraf, Director, Aisshpra We are planning to source Gems & Jewels, innovative and exclusive Gorakhpur designs and check out for new concepts in jewellery across all Since IIJS Premiere is categories. happening after nearly 2 years, IIJS accounts for nearly 15% we are planning to source all of our annual purchase. We will kinds of jewellery. For us, IIJS is source both lightweight and a platform to meet new vendors heavy jewellery, but we will tilt and forge new relationships to towards more lightweight gold enable us to source year-round. jewellery this time because of Looking at the upcoming bridal the World Gold Council and season, antique gold jewellery GJEPC campaign promoting and diamond jewellery are high gold jewellery to attract millennials. in demand. Also, since the risk of the third wave has reduced and Consumers are looking for diamond-studded jewellery for daily markets have fully opened, we are very optimistic about sales. wear or gifting and heavy gold or uncut diamond jewellery for festive and wedding purchases. We are quite bullish about the coming season! Aditya Pethe, Director, Waman Hari Pethe Jewellers Every year, IIJS is one of the trendsetting shows for the jewellery industry where exhibitors from across the country come and showcase the latest innovations and designs. Since the pandemic, this is going to be the first IIJS, and I’m looking forward to exploring new trends. Since some years, lightweight gold jewellery in traditional as well as in contemporary designs has become quite popular irrespective of gold prices, and we will be exploring this range. Our stores are currently offering vibrant rose gold jewellery which is ideal for daily wear as well as special occasions. The secondary demand is towards diamond jewellery at the wedding as well as in the festive space. Since the second wave has been controlled, we are seeing a good reaction from consumers and the market has started warming up. I am positive that by the time Ganesh Chaturthi commences, we will start seeing the buying momentum. By Diwali, we will be able to cover up for the lost time. Exhibitor Speak We Are Hoping For Record Orders At IIJS: K. Srinivasan K. Srinivasan, Managing Our manufacturing jewellery Director of Emerald Jewel quantity has gone down in the Industry India Ltd., one of the last two years because of the country’s biggest jewellery pandemic. However, in rupee manufacturers, and Convener terms we have grown; even of GJEPC’s Jewellery Panel profit too. Committee, talks about new collections prepared for the In terms of meeting targets show, sales, HUID and more. for the year, what are your expectations from IIJS? Tell us about Emerald Jewellery The industry now badly needs Industry’s preparations for IIJS jewellery because of problems Bengaluru. surrounding the Hallmarking We are coming with a lot of Unique Identification Number new lightweight designs, which (HUID). We are hoping for will attract new generations. record orders in terms of We mix and match the latest quantity. technology for making unique jewellery which is not available What are your thoughts on the in the market. resolution of the HUID issue Recently we have developed Yes, at IIJS Bengaluru, we related to Hallmarking? What are your expectations for bridal jewellery for one retail will be offering a gemstone HUID is a temporary setback. bridal gold jewellery sales this chain in the weight range of jewellery collection and fusion Every one should strengthen year? What are the popular 50g to 150 grams. jewellery collection. their operation according to bridal jewellery items, gold the requirements of HUID. I weight, sizes, styles...? Have you made any changes to In terms of sales, how has 2021 am confident the industry will Emerald is not concentrating your general product offering fared thus far, compared to overcome the problems faced much on the bridal category. at IIJS? 2020 and 2019? due to HUID.
Bridal Gallery IIJS Exhibitors Target Bumper Wedding Season Bridal jewellery is expected to be the top selling category at IIJS Premiere 2021. The pandemic has reaffirmed the value of gold in good and tough times. The pent-up demand for jewellery is ready to soar in the coming months as many consumers have pushed their previously planned weddings to the current year. With Bengaluru being the host city for the Gem & Jewellery Export Promotion Council’s leading trade show, there is an added spotlight on the yellow metal that is much loved in Southern India. Exhibitors will be presenting innovative designs at the trade show while highlighting India’s rich legacy of intricate craftsmanship in filigree, temple jewellery, beadwork, meenakari and more. The pieces are encrusted with a smattering of diamonds, polkis and gemstones to enhance the overall appeal. Here are a few statement jewellery pieces to get the gold frenzy going. Swarn Deep On Model: Two-row 22-karat gold necklace with antique finish bears carved peacock and floral motifs accented with rubies and emeralds, and complementary bell-shaped double-drop earrings, bangles, and a half-finger ring.
Bridal Gallery Anand Shah The 22-karat striking necklace is highlighted partially with Benaras meenakari bordered by rows of leafy polkis and a textured gold stem. The choker extends into a floral bib with dense floral bed Senco Gold & Diamonds adorned with pearls, and fringes of emerald and ruby beads. A handcrafted 22-karat yellow gold bib shows off intricate detailing of openwork motifs. MRK Gold The long 22-karat yellow gold necklace is composed of textured paisleys accented with blue gems, and features an intricate circular pendant topped with two engraved peacocks. The central piece is garnished with bezel-set rubies and emeralds to add a hint of colour. Krown Jewels Laser-cut rose gold bangles dotted with shiny cutting beads. SK Seth Jewellers The gorgeous 22-karat gold kadas are decorated with sculptural composition of dense repoussed florets and vines. NM Karel The unique fan-shaped 22-karat gold choker features textured elements, including filigreed scrolls. The highlight of the choker is a central openwork motif which is patterned with oval bezel-set polkis. Bariki Jewellery A medley of graceful triangular motifs and scrolls forms the base of this gorgeous 22-karat gold choker which is lined with a row of emeralds alternated with a bunch of textured beads.
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