From the Wires
Glittering Gathering of Jewellery Retailers, Manufacturers and Celebrities at the Mumbai Jewellery & Gem Fair
By: PR Newswire
Jan. 11, 2013 02:16 AM
MUMBAI, January 11, 2013 /PRNewswire/ --
Event Captured the Attention of Local and International Jewellers
The second edition of Mumbai Jewellery & Gem Fair (MJGF) demonstrated strong growth of 31%, from the previous edition, in terms of visitors, and higher engagement with more repeat visitors attending the knowledge-sharing sessions presented by GIA, MCX with a commodity-related presentation, eBay's session regarding international e-Selling and panel discussions with the crème de la crème of the industry including Ishu Datwani, Bina Goenka and Varuna D. Jani.
The success of the fair was further highlighted with the announcement that UBM would be investing in the gems and jewellery industry in East India with the addition of their newest jewellery fair in Kolkata.
The three-day exhibition was a convergence of over 120 exhibitors and participation of some of the key design houses from Dubai, Germany, Turkey, China, Sri Lanka, Hong Kong, Thailand and Israel at the international pavilions. Indian jewellers including Gitanjali and many more displayed a kaleidoscope of jewels.
A representative from Jai Gulab Dev Jewellers expressed, "We are satisfied with the show and this is a good forum to showcase the latest collections and gauge response of the newly launched products. The response that we received was tremendous and exceeded expectations. We look forward to be a part of the next edition of MJGF and other UBM shows as well."
Mumbai Jewellery & Gem Fair, organised by UBM saw an impressive number of jewellers and traders from International countries and from across India including major supporting associations visited the jewellery fair making it a grand success.
With regard to the benefit to local jewellers, Shri Fatehchand Ranka, President of Maharashtra Rajya Saraf Suvarnakar Federation shared, "MJGF provided a platform for our association to discuss important issues. Skill development in India is an area of improvement for the jewellery industry. Most of the jewellers have been adhering to measures like hallmarking, weight and more quality measures." He further added, "Every city of Maharashtra can contribute to India's business growth plan to benefit the traders and jewellers in order to create a platform for ethical trade practices."
Mumbai Jewellery & Gem Fair welcomed an international buyer delegation from Tianjin, China. They came to India to explore trade opportunities for gold and diamonds. One member of the Chinese delegation was excited to say, "We are at the fair to evaluate workmanship and to see if India exceeds quality measures, we would like to purchase loose diamonds and create an agency for business in India. The fair has a good display of jewellery with interesting and new designs. We look forward to future collaborations with India."
This year's fair featured a pavilion dedicated solely to machinery companies, which was well-received by visitors and garnered significant interest. Mr. Mukesh Mehta of Pragati Diamond Tools in the Machinery Pavilion commented, "We reaped 101% benefit from the first day at the fair and received good response as a first time exhibitor. We got many inquiries and orders for our machinery and tools."
Another added highlight of the exhibition this year was the Style Statement Gallery showcasing high-end jewellery pieces, which will define the Indian jewellery trends for 2013. The brands displayed were well-recognized and enjoyed the haute-couture status in the industry, and are also featured in the Style Statement Coffee Table Book. The gala Style Statement event which took place after the first day of the exhibition with fashion shows displayed the dazzling array of jewellery collections while celebrities like Marc Robinson, actor Eijaz Khan, celebrity fashion designer Narendra Kumar Ahmed and Miss India 2012 Vanya Mishra amongst many others added glitter to the evening.
The jewellery exhibition witnessed a total attendance of 5612 buyers and sellers with 3483 unique buyers visiting over the course of three days.
Mr. Joji George, MD, UBM India stated, "India has tremendous growth potential in the gems and jewellery sector. The second edition of the Mumbai Jewellery and Gem Fair (MJGF) organised by UBM is an action-packed event for jewellers to learn essential skills and make the necessary connects in the industry while providing a glittering display of the latest trends in jewellery. UBM's expanding jewellery exhibition portfolio in India and Asia continues to flourish with larger fairs, increased participation and visitor traffic. The Mumbai fair will set the stage for a multitude of opportunities for the Indian jewellery market."
About UBM India:
UBM India is a part of UBM Plc which is a leading global business company. UBM is the platform that brings the world's buyers and sellers together at events, online, and in print, providing them with the information they need to do business successfully. The focus is on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists, around the world. For further details, please visit the UBM India website, http://www.ubmindia.in.
With staff of 6,000 specialists in more than 30 countries, UBM has spread over 300 countries and regions and has more than 6,878 exhibitors and 1,38,133 visitors participate and visit these jewellery fairs. For details regarding UBM India's jewellery exhibition portfolio, please visit www.jewelleryfair.in.
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