The flagship show of the Gem & Jewellery Export Promotion Council (GJEPC), India International Jewellery Show Premiere (IIJS Premiere) held during 4-8 August 2022 in Mumbai, India saw a record number 50,000 of visitors which will generate business worth Rs 50,000 Crore ($6.29 billion) to exhibitors in the coming 4-6 months. The show witnessed 1,790 exhibitors showcasing their exquisite gemstones and jewellery.
“The show has brought cheer to not just its participants, but also indicated that the festive and wedding season will drive jewellery sales at the retail end,” said Colin Shah, chairman of GJEPC. “Despite the recent duty hike on gold, market sentiments remained strong towards the yellow metal. With the phenomenal buying that has taken place at IIJS Premiere, there is no doubt that this is going to be a bumper Diwali.”
GJEPC’s National Exhibitions Convener Shailesh Sangani said: “The show had around 50,000 visitors including 1,500 international visitors from more than 60 countries and regions like United States, Canada, United Kingdom, Hong Kong, Middle East, Europe, Bangladesh, Nepal, Russia, Thailand and Egypt.” (Photo courtesy: GJEPC)
16-08-2022
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