IGJME 2024: A Showcase of India’s Growing Jewellery Industry

solitaire magazine

The India Gem & Jewellery Machinery Expo (IGJME) Premiere 2024 was an impressive showcase of the Indian industry’s innovation and growth. From cutting-edge machinery to the latest processes, the show featured the overall optimism and industry momentum are undeniable.

The India Gem & Jewellery Machinery Expo (IGJME) 2024 served as a dynamic platform for industry leaders to showcase their latest innovations, explore market trends, and network with key stakeholders. Key players such as TVN Tech, Invimec Rolling Forming Machines, Artistry Inc., Eterna Industries, and Johari Gems & Tools offered diverse perspectives on the industry’s trajectory and the exhibition’s effectiveness.

Luca Nespoli, Sales Manager, TVN Tech

Luca Nespoli, Sales Manager at TVN Tech, based in Arezzo, Italy, highlighted the exhibition’s role in connecting with potential buyers and staying abreast of industry advancements. TVN Tech’s focus on cutting-edge gold-making machinery positioned the company at the forefront of technological innovation. While the exhibition provided valuable opportunities, Nespoli emphasised the need for a more global participant base to expand market reach. Despite this, the company was optimistic about the Italian market’s performance and anticipated continued growth in 2025.

Carlo Ghezzo, Sales Manager, Invimec Rolling Forming Machines

Sharing a similar optimistic outlook, Carlo Ghezzo, Sales Manager at Invimec Rolling Forming Machines, based in Vicenza, Italy, praised IGJME as a vital platform for networking and staying updated on technological innovations. Invimec’s expertise in cold-rolling and forming machines catered to the needs of medium and small jewellery producers. The company’s participation at IGJME aligned with its strategy to expand its market reach in India, leveraging the country’s growing jewellery sector.

Abhijit Prajapati, Artistry Inc., Jewellery Displays

For Abhijit Prajapati, the driving force behind Artistry Inc., IGJME has been a consistent platform for business growth. The company’s ability to sell out its merchandise within the first two days of the exhibition underscored the strong demand for its jewellery display solutions. Artistry Inc.’s reputation as a design studio was further solidified through the presentation of innovative 3D printing, woodworking, and laser cutting processes.

Himanshu Gupta, Partner, Eterna Industries

Eterna Industries, a third-generation family business represented by Himanshu Gupta, brought a wealth of experience to IGJME. With a fifteen-year history of participation, the company’s focus on energy-efficient machinery aligned with the growing emphasis on sustainability in the industry. Gupta expressed confidence in India’s ability to dominate the global jewellery market, citing the country’s rich heritage, skilled workforce, and increasing production capabilities.

Rajesh Jain, CEO, Johari Gems & Tools

Rajesh Jain, CEO of Johari Gems & Tools, unveiled innovative products such as portable laser machines and a 360-degree photography box, showcasing the company’s commitment to technological advancement.

The collective insights from these IGJME exhibitors paints a thorough picture of the Indian jewellery industry, with a general consensus about the industry’s growth potential. The exhibition’s role as a platform for showcasing innovations and connecting with buyers was noted, but there was a clear desire for improvements in terms of organisation, layout, and participant diversity.

Looking ahead, the Indian jewellery industry is poised for significant growth, driven by increasing domestic consumption, a rising global middle class, and the country’s rich heritage in jewellery craftsmanship. To capitalise on these opportunities, industry players must continue to invest in research and development, adopt sustainable practices, and explore new markets. Exhibitions like IGJME play a crucial role in supporting these efforts by providing a platform for knowledge sharing, networking, and business development. The success of such platforms depends on their ability to adapt to the evolving needs of exhibitors and attendees.

Year-on-year IGJME is solidifying its position as the leading technology and machinery-related event for the Indian gem and jewellery industry.

 

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