{"id":27453,"date":"2024-08-21T16:21:47","date_gmt":"2024-08-21T10:51:47","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=27453"},"modified":"2024-09-02T19:06:58","modified_gmt":"2024-09-02T13:36:58","slug":"iijs-premiere-sets-new-benchmark-with-rs-1-lakh-crore-in-orders","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/iijs-premiere-sets-new-benchmark-with-rs-1-lakh-crore-in-orders\/","title":{"rendered":"IIJS Premiere Sets New Benchmark with Rs. 1 Lakh Crore in Orders!"},"content":{"rendered":"<p>IIJS Premiere 2024 left most exhibitors overwhelmed with the response from the buyers. Some were sold out on Day 2 or 3 of the dual-venue show, while others saw 50% to 60% new buyers at their booth. Thanks to the duty cuts introduced in the Budget by the government, expectations pre-show were anyway positive. But no one expected a tsunami of orders from visitors.<\/p>\n<p>In fact, one of the top gold jewellery exhibitors, speaking on condition of anonymity, revealed that the unexpected demand will require him to fast-track the establishment of a new factory, as his existing facility, despite its large size, won\u2019t be able to handle the volume in time for the upcoming festival season!<\/p>\n<p>Indian manufacturers hold a distinct advantage by harnessing both the skills of ancient artistry and the latest technologies, such as 3D printing and laser cutting. This blend allows them to create high-finish, high quality collections that are not only price competitive but also appealing to younger consumers.<\/p>\n<p>This time, most exhibitors made significant efforts to present collections that are playful, inventive, and aesthetically pleasing, resonating across global geographies.<\/p>\n<p><strong>Bold Gold<\/strong><\/p>\n<p>One of the prime examples of innovative jewellery was the magnetic chain introduced by <strong>Chain N Chains<\/strong>, a gold jewellery manufacturer known for developing spring bracelets and wraparound slim line necklaces in the past.<\/p>\n<p>The 22-karat gold 14-gram chain featured minute links embedded with neodymium, a magnetic rare earth metal. The chain had no hook\/ clasp, instead the two ends of the chain fastened up through magnetic attraction. Its versatility allows it to be worn as a necklace in various lengths or even transformed into a bracelet. A striking detail is the chain\u2019s ability to form a captivating finial adorned with a shining star. <strong>Vasant Birawat<\/strong>, owner of the company, said that they had introduced a limited edition of 40 pieces, but they had over booked for the same.<\/p>\n<p><strong>Swati Hans, Marketing Head, ORO<\/strong>, informed that they had no time to breathe for the first 4 days of the show as they were flocked by visitors from across India and the UAE and many more countries. \u201cOur sales have gone through the roof! We introduced two of our patented collections \u2013 one featuring vibrant designs with ceramic-infused pearls, offering a unique play of colours, which has received a tremendous domestic and global response! The other is the spiral bangle collection. This is a seamless piece of many bangles in one piece without any soldering in it. After a lot of R &amp; D we could make bangles in various weight and width ranges.<\/p>\n<figure id=\"attachment_27455\" aria-describedby=\"caption-attachment-27455\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-27455 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1.jpg\" alt=\"\" width=\"1000\" height=\"600\" data-sizes=\"auto\" data-srcset=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1.jpg 1000w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-150x90.jpg 150w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-768x461.jpg 768w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-450x270.jpg 450w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-225x135.jpg 225w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-900x540.jpg 900w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-20x11.jpg 20w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/PATENT_SPIRAL-2-1-160x96.jpg 160w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-27455\" class=\"wp-caption-text\">Patented spiral gold bangles by ORO.<\/figcaption><\/figure>\n<p>\u201cWe\u2019ve modernised 22-karat gold bangles using advanced 3D printing for ultimate precision and a flawless finish. The collection includes versatile, multi-functional pieces that can be worn in various ways, ensuring they don\u2019t just sit in a locker. We\u2019ve introduced patented designs. Our collection also features seamless bangle sets and intricate, traditional designs, all tailored to meet the evolving tastes of our customers.\u201d<\/p>\n<p><strong>Nikunj Jain, Director, Sundaram Chains Pvt. Ltd., Mumbai<\/strong>, showcases changeable MOP chains crafted in 22-karat gold. \u201cThese Mugappu chains are a piece of traditional jewellery featuring the iconic thali mangalyam. The standout feature of these ethnic chains is their changeability, allowing consumers to easily switch them according to the occasion, making them both versatile and stylish. As for cutting down the metal weight, Jain, explained, \u201cBy utilising 3D wax printing technology, we directly cast wax into gold, thus reducing weight by up to 50% and enabling the creation of intricate 3D and 4D designs that are unattainable with traditional mold casting methods.\u201d Jain said that 60% of the visitors were first-time customers, including India, Dubia, Malaysia, and London.<\/p>\n<p><strong>Kapil Bapna of Arham Jewellers, Mumbai<\/strong>, shared that they attracted buyers from across India for their handmade \u2018Kolkata jewellery\u2019 in 22-karat gold. \u201cOur intricately handmade pieces, featuring crafts like filigree, rawa work, chitrai, and more, were well-received. Our heavyweight items were particularly in demand among buyers from Dubai, Malaysia, and the UAE.\u201d<\/p>\n<p><strong>Masiar Shaikh of Gold Artism, Mumbai<\/strong>, said that \u201cThe overall response to our 22-karat bridal jewellery range was strong. Buyers from across the country visited us and shared valuable ideas that will be instrumental in enhancing our future collections.\u201d<\/p>\n<p><strong>Diamond Sparklers<\/strong><\/p>\n<p><strong>Rishi Punamiya, Partner, Raj Diamonds, Mumbai<\/strong>, informed that sales were more than double their expectations. \u201cOur regular diamond and gem-studded lines, priced between Rs. 5 lakhs and Rs. 10 lakhs are our bread-and-butter items, which saw fantastic sales across India. Our bridal sets, costing up to Rs. 50 lakhs, also performed exceptionally well both in the domestic market and among our buyers from the USA.\u201d<\/p>\n<figure id=\"attachment_27456\" aria-describedby=\"caption-attachment-27456\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-27456 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41.jpg\" alt=\"\" width=\"1000\" height=\"600\" data-sizes=\"auto\" data-srcset=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41.jpg 1000w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-150x90.jpg 150w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-768x461.jpg 768w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-450x270.jpg 450w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-225x135.jpg 225w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-900x540.jpg 900w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-20x11.jpg 20w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Raj-Diamonds-41-160x96.jpg 160w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-27456\" class=\"wp-caption-text\">A bridal bib studded with fancy-cut diamonds and emeralds. By Raj Diamonds<\/figcaption><\/figure>\n<p><strong>Anand Kulthia of Kulthiaa Jewel, Kolkata<\/strong>, remarked that the IIJS Premiere 2024 has truly set a new benchmark in the world of diamond jewellery exhibitions. \u201cThis year, buyers have focused on design instead of price tags, and this is a refreshing and much-needed shift, which deservedly draws attention to the artistry and creativity that define luxury jewellery. Our brand is renowned for its exquisite designs, and we think this is the perfect platform to showcase our latest collections. The response from clients was overwhelmingly positive, with many appreciating the innovative pieces on display. It\u2019s evident that the emphasis on quality and unique design has resonated deeply with discerning buyers. The show\u2019s atmosphere was vibrant, and the organisation was flawless, making it a phenomenal experience overall.\u201d<\/p>\n<figure id=\"attachment_27457\" aria-describedby=\"caption-attachment-27457\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-27457 size-full lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13.jpg\" alt=\"\" width=\"1000\" height=\"600\" data-sizes=\"auto\" data-srcset=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13.jpg 1000w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-150x90.jpg 150w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-768x461.jpg 768w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-450x270.jpg 450w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-225x135.jpg 225w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-900x540.jpg 900w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-20x11.jpg 20w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Oriental-Gemco-13-160x96.jpg 160w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-27457\" class=\"wp-caption-text\">Diamond-infused pendant necklace accented with emeralds. By Oriental Gemco<\/figcaption><\/figure>\n<p><strong>Bharat Verma of Karni Jewellers, Hyderabad<\/strong>, said that they have been participating in IIJS Premiere for the last five years, and by far, this has been their best and the most productive outing. They specialise in Victorian jewellery studded with fine natural diamonds and gemstones, and this time on they got tremendous response from north and south India. Known for their fine craftsmanship, the company was deluged with orders for their brooches, bridal sets, fine couture pieces as well as large idols of gods and goddesses wrought in gold and gemstones.<\/p>\n<figure id=\"attachment_27458\" aria-describedby=\"caption-attachment-27458\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-27458 lazyload\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-src=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3.jpg\" alt=\"\" width=\"1000\" height=\"600\" data-sizes=\"auto\" data-srcset=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3.jpg 1000w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-150x90.jpg 150w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-768x461.jpg 768w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-450x270.jpg 450w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-225x135.jpg 225w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-900x540.jpg 900w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-20x11.jpg 20w, https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2024\/08\/Karni-Jewellers-3-160x96.jpg 160w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><figcaption id=\"caption-attachment-27458\" class=\"wp-caption-text\">Gold hasli suspending a large pendant patterned with pearls, polkis, diamonds featuring flora and fauna. By Karni Jewellers<\/figcaption><\/figure>\n<p><strong>Vivek Ladha of Sangeeta Diamonds, Jaipur<\/strong>, informed that brooches were the flavour of the season. \u201cOur buyers were keen on ordering budgeted articles up to Rs. 5,00,000. Vintage or designer brooches set with polkis, gems, pearls, and diamonds were the most favoured.\u201d Art Deco earrings set with diamonds, onyx and precious gemstones were also trending at their booth.<\/p>\n<p><strong>Rahul Mehta, Managing Director, Silver Emporium <\/strong>said, \u201cIIJS 2024 exceeded our expectations. With gold and silver prices reflecting the duty cut, it provided an added incentive for buyers to build their inventory ahead of the festive season. We anticipated record volumes following the duty reduction. There was an excellent positive response across all our product categories\u2014gold jewellery, diamond jewellery, silver artifacts, and silver jewellery. I would like to thank the GJEPC team for their efforts in making this show a success. The facilities and stall layout surpassed our expectations.\u201d<\/p>\n<p>IIJS Premiere once again demonstrated its role as the key growth engine for the domestic market, as well as fuelling gems and jewellery demand on a global scale.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IIJS Premiere 2024 left most exhibitors overwhelmed with the response from the buyers. Some were sold out on Day 2 or 3 of the dual-venue show, while others saw 50% to 60% new buyers at their booth. Thanks to the duty cuts introduced in the Budget by the government, expectations pre-show were anyway positive. But&hellip;<\/p>\n","protected":false},"author":3,"featured_media":27463,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[91,113],"tags":[],"thb-sponsors":[],"class_list":["post-27453","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IIJS Premiere Sets New Benchmark with Rs. 1 Lakh Crore in Orders! - solitaire magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/iijs-premiere-sets-new-benchmark-with-rs-1-lakh-crore-in-orders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IIJS Premiere Sets New Benchmark with Rs. 1 Lakh Crore in Orders! - solitaire magazine\" \/>\n<meta property=\"og:description\" content=\"IIJS Premiere 2024 left most exhibitors overwhelmed with the response from the buyers. 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