Delhi Jewellery and Gem Fair 2018 conclude on a high note; Visitor Influx Reflects a Bullish Market Ahead for Industry
DJGF 2018 at a glance:
- Over 700 brands showcased
- Over 45 % growth in new participants
- Over 30% growth in unique visitor footfall
- An announcement of massive Jewellery Tech Park in the Capital to accommodate 10,000 stores
- Showcase and launch of trend-setting product designs & technologies
- The 4th edition of The Retail Jewellers Guild Awards
The 7th edition of the Delhi Jewellery and Gem Fair (DJGF), hosted by UBM India concluded successfully at Pragati Maidan, New Delhi. The show was inaugurated by Chief Guest Shri Ram Niwas Goel, Speaker of Legislative Assembly of Delhi; Guest of Honour Shri Karnail Singh, BJP National Convener – USA Business; Shri Yogesh Singhal, President – TBJA; Mr. Michael Duck, Executive Vice President, UBM Asia Ltd. ; Mr. Yogesh Mudras, Managing Director, UBM India and Mr. Abhijit Mukherjee, Group Director, UBM in the presence of other dignitaries from the jewellery trade.
The B2B Fair is recognised as an integral part of the jewellery industry and brought together jewellery wholesalers, retailers, importers & exporters, jewellery manufacturers, diamond, gemstone, pearl suppliers & traders, precious metal & jewellery mounting traders & suppliers, and trade & governmental organisations under one roof to meet, connect, network and grow their business. Spread over six halls, the event saw a glittering display with 300+ participants and 700+ top of the line brands. It received an overwhelming response from the neighbouring states of Punjab, Haryana, Rajasthan and Uttar Pradesh, as well as Maharashtra amongst others, further validating it as a reputed industry platform and the biggest jewellery and gemstone sourcing destination for jewellers.
One of the key highlights of the expo was the three day insightful seminar by the National Institute of Diamond & Gems (NIDG) and Delhi Gem & Jewellery Institute (DGL). Day 1 saw sessions on Diamond Assortment and Valuation and Gemstone Identification that talked about understanding fast gemological concepts to distinguish between Ruby, Emerald & Sapphire to their common substitute/stimulants. Day 2 and Day 3 saw sessions on Synthetic Diamonds (HPHT & CVD) that discussed the concept of Synthetic Diamonds, Lab Grown Diamonds, HPHT Synthetic, CVD Synthetic and Diamond Grading to Trading (Diamond Parcel Trade) that helped understand the concept of Diamond Parcel business with local trade grades beyond 4C’s of Diamond Grading.
The list of key exhibitors this year included Shilpi Jewels, Vikas Chain, Unique Chain, Riddhima Chain, Swarnshilp, Rohtak Chain, Heera Jewellers, Shri Balaji Gold, Royal Chain and Classic Solitaires amongst others. As a precursor to the expo, UBM India held a series of successful road shows in North Indian cities like Bareilly, Chandigarh and Dehradun. The fair was supported by eminent associations namely The Bullion & Jewellers Association, Delhi Jewellers Association, Maliwara Jewellers Association & Karol Bagh Jewellers Association.
Speaking at the inauguration of DJGF 2018, Chief Guest Shri Ram Niwas Goel, Speaker of Legislative Assembly of Delhi said, “I take pride in using a reputed platform like the DJGF to announce the soon to be launched jewellery tech park in the capital. The jewellery park will undoubtedly make North India a most exciting jewellery hub, by attracting national and international industry professionals. The one stop tech park will have the latest technological innovations and will be able to accommodate over 10,000 stores.”
Mr. Yogesh Mudras, Managing Director, UBM India, said, “In the coming years, growth in the Gems and Jewellery sector will be largely contributed by the development of retailers and brands. Established brands are steadily steering the organised market and are opening opportunities for growth. The organised sector will continue to play a fundamental role as it has the potential to adapt to the consumer and economic changes. The Delhi Jewellery and Gem Fair is a gateway to the organized Indian jewellery market with a focus on the North, offering a fine experience along with special events – Seminars, Workshops, Panel discussions, and a Fashion Show.”