Hyderabad Jewellery, Pearl and Gem Fair charts the course to a 9 lakh crore industry

Hyderabad: Informa Markets in India, India’s leading B2B exhibitions organiser, commenced one of its most successful events, the Hyderabad Jewellery, Pearl and Gem Fair (HJF 2022) today on the huge trading floor of HICC, Novotel, Hitech City in the city of pearls, Hyderabad.  The large-scale jewellery-focused event was buzzing with over 250 exhibitors and presenting diamonds, trending gold and precious gems and jewellery.  This year, the show will be the largest ever, indicative of the optimism and growth of the sector.

The iconic show was graced by the presence of Chief Guest – Mr Gireesh Kumar Sanghi, Former Member of the Parliament of India and CMD Vaarta Publications; Guest of Honour – Mr. Orhan Yalman Okan, Consul General of Republic of Turkey in India, Consulate of Turkey Hyderabad; Mr. Mahender Tayal, President,  HJMA; Mr Mukesh Agarwal, Convener, HJMA; Mr. Yogesh Mudras, Managing Director, Informa Markets India ; Ms Pallavi Mehra, Group Director, Informa Markets India and Mr Pankaj Shende, Sr. Portfolio Director, Informa Markets India.

The exhibitors of this international show have been hand-picked from different verticals, taking their prowess to manufacture a range of world-class products, and their ability to cater to different markets across the world, showcasing 1000+ exclusive brands. HJF 2022 is being held in association with Hitech City Jewellery Manufacturers Association (HJMA), Telangana Bullion Gems & Jewellers Federation (TBGJF), All India Jewellers & Goldsmith Federation (AIJGF), The Bullion & Jewellers Association (TBJA), Gem & Jewellery Trade Council of India (GJTCI).

Over 50,000 incredible works of art with distinctive design aesthetics are being displayed by the exhibitors. Key ones include Shri Shubham Jewellers, Swaroop Jewellers, Chintamani Gold, Naredi Jewels, Vinati Jewellers, Shree Kalpatru, Jewels Park and Jai Gulab Dev to name a few. As a pre cursor to the expo, HJF conducted roadshows in neighbouring districts such as Karim Nagar, Hanamkonda, Kavali, Proddatur, and Wanaparthy.

Speaking on the occasion of the iconic jewellery show in South India, Hyderabad Jewellery, Pearl and Gem Fair 2022, Mr. Yogesh Mudras, Managing Director, Informa Markets in India, said, “HJF 2022 is a classic illustration of the Government’s campaign to ‘Make in India for the world’, and a show of this scale will boost the efforts to reach USD 75 billion/Rs. 5.83 Lakh Crores in exports in the next five years. The enthusiastic response of all the participants at this Expo is evidence of the growth of this sector in our growing country.”

Hyderabad is known for its penchant for lustrous and statement jewellery pieces, including Kasulaperu, Temple Jewellery, Managa Malai, Vanki to name a few. We at HJF understand this love for sparkle, and through this expo, we aim to further boost this sector to new heights. With the continuous support from the buyer and seller communities in the Gems and Jewellery sector for our expos, and trending innovations in designs year on year, I foresee an ascending growth in the near and long term in the jewellery business domestically as well as internationally”, he further added.

The Indian Gems and Jewellery Market is growing on the backbone of increasing disposable income among the Indian population. It stood at USD78.50 billion in FY2021 and is further expected to achieve a market value of USD119.80 billion/9 lakh crore by FY2027. Innovative product launches, designer products, and technological advancements showcased at HJF will further substantiate the growth of the Indian Gems and Jewelry Market in the future five years.

The three-day show is also conducting educational seminars, with insightful trends. A comprehensive list of industry leaders as speakers in the panel also added a synergistic value to this mega B2B trade show. Day 1 had a session by Mr Praveen Kumar from Shri Balaji Jewellers talking about the tricks of the trade, making jewellery business a success during turbulent times. Day 2 will have a BIS Hallmarking session by Telangana Bullion Gems & Jewellers Federation and an Annual General Meeting conducted by President Jagdish Verma for the Telangana Bullion Gems & Jewellers Federation and its association members. This will be followed by Mrs Bijal Shah from GJA-THE GEM & JEWELLERY ACADEMY covering topics pertaining to the trend of coloured gemstones, factors affecting the value of diamonds and creative designs for jewellery. And finally Day 2 will witness an interesting session on Identification & Prevention of Frauds in Jewellery Industry by Skill Guru Mr B.Vijaya RaghuRam Raju, PR Officer Joyalukkas India Ltd, Police department as a CDTI & Vertical Trainer.

The Gems and Jewellery community witnessed an exclusive evening event on Day 1 with The Power of Young that celebrated the achievements of young jewellers pertaining to South India’s Gem and Jewellery community which was followed by a glamourous fashion show showcasing the seasonal trends by top exhibitors and a networking night.

Courtesy: Retail Jeweller India News