New Delhi, 22nd September 2022: Informa Markets in India, concluded the gala 10th edition of North India’s biggest International jewellery trade show – The Delhi Jewellery & Gem Fair (DJGF) on 12th September at the Pragati Maidan in New Delhi. The expo started on 10th September and lasted for three consecutive days from 10 am to 6 pm. More than 19,388 visitors registered their presence across the three days, approximately 51% more than the previous year.
The three-day expo saw participation from more than 350 exhibitors who showcased over 1200 traditional, modern & innovative designer brands and 100000+ unique designs. It became a conversational platform for eminent Jewellers, Import & Export merchants and other key industry stakeholders.
The 10th edition of the DJGF Utsav was graced by Ms. Meenakshi Lekhi, Minister of External Affairs and Culture, who was the chief guest of the event. The other key dignitaries were Mr Yogesh Singhal, Chairman, TBJA; Mr Chetan Mehta, Vice Chairman, National India, Bullion & Jewellery Association Ltd., Mr Kamal Palwal, President, TBJA; Mr Surendra Mehta, Vice Chairman, National India Bullion & Jewellery Association Ltd.; Mr Yogesh Mudras, MD, Informa Markets, India; Ms Pallavi Mehra, Group Director, Informa Markets, India and Mr Pankaj Shende, Senior Portfolio Director, Informa Markets in India.
“It is good to be a part of an initiative or craft that provides value and employment to people. The government is making efforts to galvanise the Indian jewellery business sector. Jewellery making and craftsmanship have always been an essential part of our culture, right from the Harappan or Indus Valley civilization till today. From a historical perspective, India has always been an important buyer and seller of the jewellery community, almost equal to many countries combined. That is why India has been called ‘Sone ki Chidiya’ or ‘Golden bird’. It generates massive employment and gives an immense boost to the economy of the country. Craftmanship in the jewellery business needs to be promoted and bolstered. I hope this happens through initiatives such as this show and many more people, especially girls, join the business, whether as traders or craftsmen.
Ms. Meenakshi Lekhi, Minister of External Affairs and Culture – On the opening day
“With its expertise in the jewellery portfolio globally and across India in multiple Indian markets such as North, South and East, Informa Markets in India understands India’s love for sparkle. It was therefore heartening to note that our efforts to make the 10th anniversary of DJGF special drew widespread interest and engagement among all industry stakeholders. In the post-vaccination phase, there is optimism and festive cheer in the market and this gets translated prominently in the gem and jewellery segment too, which is currently seeing an approximate 10 per cent appreciation year-on-year. India’s growth story in this arena lies in the organised sector and expos such as ours help to catalyse this growth. There’s been a marked increase in the organised vs unorganised ratio from 23:77 from 2016 to the expected 42:58 in 2023. The show reinforced the pole position of India’s export-oriented and labour-intensive gem and jewellery industry. Apart from business, the various offerings under the well-crafted celebration, DJGF Utsav were immensely appreciated as multiple focused platforms within the show umbrella to network, innovate, compete and showcase variety, glamour, authenticity and transparency”
Mr. Yogesh Mudras, MD, Informa Markets in India
The three-day show got solid support from many jewellery associations like The Bullion & Jewellers Association (TBJA), India Bullion & Jewellers Association (IBJA), Delhi Jewellers Association, Maliwada Jewellers Association, Meerut Bullion Traders Association, All India Gems and Jewellery Trade Federation and many more.