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  • Gjepc - International Jewellery Show To Generate Rs 50,000 Crore Biz in 4-6 Months - GJEPC - The Economic Times

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    The Gem and Jewellery Export Promotion Council estimates that the India International Jewellery Show Premiere held from August 4-8 will generate Rs. 50,000 crore in business over the next 4-6 months. The chairman of GJEPC said the 5-day show has boosted the spirits of participants and indicated strong jewellery sales during the upcoming festive and wedding season. Despite a recent gold duty hike, market sentiment towards gold remained positive based on strong buying at the jewelry show, suggesting it will be a strong Diwali season for the industry.

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    gjepc_ International jewellery show to generate Rs 50,000 crore biz in 4-6 months_ GJEPC - The Economic Times

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    The Gem and Jewellery Export Promotion Council estimates that the India International Jewellery Show Premiere held from August 4-8 will generate Rs. 50,000 crore in business over the next 4-6 months. The chairman of GJEPC said the 5-day show has boosted the spirits of participants and indicated strong jewellery sales during the upcoming festive and wedding season. Despite a recent gold duty hike, market sentiment towards gold remained positive based on strong buying at the jewelry show, suggesting it will be a strong Diwali season for the industry.

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    Gjepc - International Jewellery Show To Generate Rs 50,000 Crore Biz in 4-6 Months - GJEPC - The Economic Times

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    The Gem and Jewellery Export Promotion Council estimates that the India International Jewellery Show Premiere held from August 4-8 will generate Rs. 50,000 crore in business over the next 4-6 months. The chairman of GJEPC said the 5-day show has boosted the spirits of participants and indicated strong jewellery sales during the upcoming festive and wedding season. Despite a recent gold duty hike, market sentiment towards gold remained positive based on strong buying at the jewelry show, suggesting it will be a strong Diwali season for the industry.

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    8/16/22, 1:40 PM gjepc: International jewellery show to generate Rs 50,000 crore biz in 4-6 months: GJEPC - The Economic

    hs: GJEPC - The Economic Times


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    Business News › Industry › Cons. Products › Fashion / Cosmetics / Jewellery › International jewellery show to generate Rs 50,000 crore biz in 4-6 months: GJEPC

    International jewellery show to generate Rs


    50,000 crore biz in 4-6 months: GJEPC
    PTI Last Updated: Aug 11, 2022, 06:58 PM IST
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    Synopsis

    A
    "We estimate that Rs 50,000 crore worth of business will be generated in the next 4-6

    A KUB
    months from the 5-day IIJS Premiere held from August 4. It has brought cheer to not
    just its participants, but also indicated that the festive and wedding season will drive

    Web SMS
    jewellery sales at the retail end," GJEPC chairman Colin Shah said in a statement.

    Verification
    The Gem and Jewellery Export
    iStock

    Promotion Council on Thursday said its

    Code
    flagship IIJS (India International
    Jewellery Show) Premiere is expected
    to generate business worth Rs 50,000
    crore in the coming 4-6 months. IIJS BUKA
    was held from August 4-8 this year.

    "We estimate that Rs 50,000 crore


    worth of business will be generated in the next 4-6 months from the 5-day IIJS
    Premiere held from August 4. 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," GJEPC chairman Colin Shah said in a statement.

    Despite the recent duty hike on gold, market sentiments remained strong
    towards the yellow metal and looking at the phenomenal buying that has Learn More
    taken place at IIJS Premiere, there's no doubt that this is going to be a bumper
    Diwali, he added.
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    https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/international-jewellery-show-to-generate-rs-50000-cr… 1/5

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