Wednesday, March 29, 2023

India’s apex body,The Gem & Jewellery Export Promotion Council (GJEPC) presents India International Jewellery Show – IIJS Tritiya – in Southern India at the Bangalore International Exhibition Centre (BIEC) from 17th to 20th March 2023 – a month prior to Akshaya Tritiya, the auspicious gold jewellery-buying festival. IIJS Tritiya follows the stupendous success of IIJS Premiere – Bengaluru 2021, which revealed the latent potential of Southern region.

The inauguration of IIJS Tritiya 2023 was graced by Dr. Murugesh R. Nirani, Minister for Large and Medium Industries, Government of Karnataka (Chief Guest); and Shri T. S. Kalyanaraman, Managing Director of Kalyan Jewellers (Guest of Honour); along with Shri Vipul Shah, Chairman, GJEPC; Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri R. Arulanandan, Director of the Department of Commerce; Shri Suresh Kumar Ganna, President, Jewellers Association Bengaluru; Shri Nirav Bhansali, Convener, National Exhibitions, GJEPC; Shri Sabyasachi Ray, ED, GJEPC along with others.

GJEPC and Jewellers Association Bengaluru (JAB) also signed a MoU during the inauguration with an objective of working towards the enhancement and development of jewellery manufacturing and trade in Karnataka.

Dr. Murugesh R. Nirani, Minister for Large and Medium Industries, Government of Karnataka, 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.”

Guest of Honour Shri T. S. Kalyanaraman, Managing Director of Kalyan Jewellers, 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 to international and domestic buyers. I remember how I started off as a third-generation entrepreneur three decades back and have finally reached this stage today thanks to the support and initiatives of GJEPC.”  

Mr. Vipul Shah, Chairman, GJEPC said, “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. From April 2022 to February 2023, the gem and jewellery exports from Karnataka experienced a remarkable growth of 169%, reaching USD 150.33 million, as compared to last year. 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.”