IIJS Premiere 2022 Creates HIstory – Records 50,000 VIsItors; Expected to Generate Busıness Worth
The Gem & Jewllery Export Promotion Council’s flagship show IIJS Premiere held from 4th to 8th August in Mumbai saw a record number of visitors which will generate business worth Rs. 50000 Crore to exhibitors in the coming 4 – 6 months.
The event was inaugurated on 4th August by Ms. Hema Malini, Member of Parliament, along with Colin Shah, Chairman, GJEPC; Vipul Shah, Vice Chairman, GJEPC; Shailesh Sangani, Convener, National Exhibitions, GJEPC; and Sabyasachi Ray, Executive Director, GJEPC amongst others.
The show witnessed 1790 exhibitors showcasing their exquisite gems & jewellery, and spread over 801879+ sq ft. of exhibition area. Different product sections of the show included Gold & Gold CZ Studded Jewellery; Diamond, Gemstone & Other Studded Jewellery; Loose stones, CVD; Silver Jewellery, Artefacts & Gifting Items; Laboratories & Education; and Machinery & Allied.
Talking about the success of the show Colin Shah, Chairman, GJEPC said, “It is estimated that Rs.50,000 crore worth of business will be generated in the next 4-6 months! It 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.”
“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’s no doubt that this is going to be a bumper Diwali.”
Shailesh Sangani, Convener, National Exhibitions, GJEPC said, “The show had around 50,000 visitors including 1500 international visitors from more than 60 countries including USA, Canada, UK, Hong Kong, Middle East, Europe, Bangladesh, Nepal, Russia, Thailand, and Egypt.”
“I would like to thank the MSME Ministry for listing IIJS Premiere under MSME scheme and offering a grant of Rs. 2.75 Crore to MSME Participants. The disbursements under the scheme have already begun to the 194 companies that applied for the grant.” Sangani added.
A wave of pride and patriotism spread across the aisles of IIJS Premiere 2022. Joining the mass movement of “Har Ghar Tiranga”, under the initiative of Honorable Prime Minister’s Azadi Ka Amrit Mahotsav campaign, to celebrate the 75th year of India’s Independence, the Council and all the 1790 exhibiting companies displayed the National Flag at every booth and aisle at the show!
