Hyderabad, 16th June 2023: Informa Markets in India, unveiled the highly anticipated 15th edition of the Hyderabad Jewellery Pearl & Gem Fair (HJF) in a grand opening ceremony on 9th June 2023 at the HICC, Novotel, Hitech City, Hyderabad. This year’s edition brought together an impressive array of over 250 top exhibitors and was estimated to attract more than 8000 serious trade buyers. With a showcase of over 600 exclusive brands, the expo provided an unrivalled platform for exploring the latest trends and experiencing over 1,00,000+ cutting-edge and unique jewellery designs that redefined the industry.
The esteemed inauguration of HJF 2023 was graced by distinguished guests and renowned industry leaders. Among them were Chief Guest Mr Jayesh Ranjan, Principle Secretary Telangana State, Government of India; Mr Venkata Sekhar, Industrial Promotion Officer & Director Gems and Jewellery, Government of Telangana; Mr Jagdish Pershad Varma, President, Telangana Bullion, Gem & Jewellery Federation; Mr Chetan Mehta, National Vice – President IBJA; Mr Nugroho Priyo Pratomo, Director Indonesian Trade Promotion Center (ITPC); Mr Mukesh Agarwal, Convener, HJMA; Mr Sumesh Wadhera, Director, AOJ; Mr Rajendra Jain, Managing Director, SVAR Group; Mr Yogesh Mudras, Managing Director, Informa Markets India, and Ms Pallavi Mehra, Group Director, Informa Markets India.
Speaking at the inaugural ceremony of HJF 2023, Mr Jayesh Ranjan, Principal Secretary, Government of Telangana, said, “Along with 13 other sectors that have shown remarkable growth, the Gems & Jewellery Industry has enhanced our government’s reputation for ease of doing business. Our recent efforts to build the sector have successfully convinced new players to invest in the State and who have begun manufacturing in Hyderabad. We have focused on the grassroots, providing attractive incentives and have even taken additional responsibility for training, to address the shortage of skilled workers. Additionally, we encourage jewellery associations in Narayanpet and Karimnagar to equip themselves to provide job work for larger players and extend similar opportunities to them. We are also open to assisting overseas investors who are interested in setting up operations in India. An overall revival of this sector can be seen and is very promising. We see a very promising future for the Indian Gem & Jewellery Industry.”
Mr Venkata Sekhar, Industrial Promotion Officer & Director Gems and Jewellery, Government of Telangana, said, “The Telangana Government has prioritised the gems and jewellery sector among the 14 sectors. In Maheshwaram, about 90 kms from Hyderabad major Jewellery manufacturers have invested over INR 1000 Crores in refinery activities. We still have available land for additional gold refineries or processing units, which can benefit from financial incentives such as capital subsidies, power consumption reimbursements, and skill upgradation support. Additionally, we are initiating the Narayanpet Gold Souk, a collaborative space for multiple shops, envisioned as a manufacturing showroom. With over 5,000 outlets and 400 manufacturers in Hyderabad alone, our jewellery industry contributes significantly to employment as well. Events like HJF 2023 will go a long way in contributing towards the development of this sector in Telangana.”
Speaking at the inaugural ceremony of HJF 2023, Mr Yogesh Mudras, Managing Director, Informa Markets in India, said, “The Gems and Jewellery industry in South India is one of the thriving hubs for exquisite craftsmanship and rich heritage. Known for its impeccable artistry and attention to detail, this region has established itself as a significant player in the global jewellery market. Benefitting from a combination of factors such as abundant natural resources including a rich variety of gemstones like diamonds, emeralds, rubies, and sapphires and a skilled workforce with artisans and craftsmen, South India is also home to numerous jewellery clusters and manufacturing units. These clusters serve as bustling centres where raw materials are sourced, designs are conceptualized, and jewellery is manufactured. The industry provides employment opportunities to thousands of individuals, contributing to the region’s economic growth. Furthermore, South India’s jewellery industry has witnessed a seamless blend of tradition and innovation.”
“Today marked a significant milestone as we commenced the Hyderabad Jewellery, Pearl and Gem Fair in its 15th year, an extraordinary celebration of the jewellery industry’s excellence and resilience. This year’s edition was a testament to the unwavering spirit of our exhibitors, the captivating designs they brought forth, and the immense potential of the gem and jewellery sector. We were thrilled to witness the convergence of over 250 exhibitors showcasing their exceptional craftsmanship and catering to diverse markets worldwide. With this collaborative effort, we are fostering remarkable advancements and inspiring creations that captivate the audience at a global level.” He further added.
Some of the noteworthy exhibitors included Swaroop Jewellers, Kamal Jewellery Pvt ltd, Shringar House of Magalsutra, Shri Shubham Jewellers, Green Lab, Hare Krishna; Unique Polki, Deepa Jewellers, Chintamani Jewellers, Heedario Gems and Jewels, KK Ornaments, Maa Jagadamba Jewellers, RBR Gold and Diamonds, Vinatieri Jewellers, Shree Vijay Durga Mahashakti, Indonesia Trade Promotion center (ITPC), and many more, who brought their distinct artistic vision and craftsmanship to create remarkable works of art.
Speaking at the inaugural function, Mr Mukesh Agarwal, Convener, HJMA said, “Hyderabad had a significant workforce of more than 200,000, and the city was home to over 300 to 400 jewellery manufacturing units. The Hyderabad Gems, Pearl and Jewelry Fair underlined the city’s growing clout in the industry, with Telangana having more than 5,000 retail shops and in just a decade, emerged as one of the top five manufacturing hubs in India. The city of Hyderabad also served as a prominent manufacturing hub, supplying jewellery not only across India but also globally, with strong demand in Dubai and other UAE countries. The gem and jewellery industry in India accounted for approximately 7% of total exports. The Industry had been given a target of achieving $200 billion in the next five years by the Prime Minister. The city of Hyderabad was attracting investments from both national and international players, and the Hyderabad jewellery manufacturing industry had experienced significant advancements with the support of the Telangana Government.”
HJF 2023 was held in association with esteemed industry associations such as HITECH CITY JEWELLERY MANUFACTURERS ASSOCIATION (HJMA) and was supported by TBJA (TELANGANA BULLION GEMS & JEWELLERS FEDERATION) and IBJA (INDIA BULLION AND JEWELLERS ASSOCIATION). It was also powered by Hong Kong Jewellery & Gem Fair.
“I would like to extend my heartfelt congratulations to Informa Markets in India for their remarkable achievement of successfully organizing HJF for the past 15 years. Their dedication and hard work made us proud. As partners, IBJA has always believed in supporting those who work for the industry, and we are proud to collaborate with Informa Markets in India and HJMA for this unique exhibition. It is a testament to their success that participants had been attending this show for 15 editions, making it a significant milestone in the industry’s history,” said Mr Chetan Mehta, National Vice-President IBJA.
With over 1,00,000+ unique designs, the display included Temple Jewelry, Mango Mala, Kasu Mala, Nakshi, Vanki, Jhumkas, Oddiyanam, and Poothali to name a few.
The Gems and Jewellery community came together on Day 1 for an unforgettable evening event, ‘The Power of Young,’ that served as a platform to recognize and applaud the accomplishments of young jewellers who brought innovation, creativity, and a fresh perspective to the industry. The evening was dedicated to showcasing their exceptional craftsmanship, vision, and dedication to excellence. These young talents were the driving force behind the evolution and progression of South India’s vibrant Gem and Jewellery sector.
The highlight of the evening was the glamorous Fashion Show, where top exhibitors took the stage to unveil the most captivating seasonal trends. Each creation displayed the perfect harmony of design, craftsmanship, and artistic expression, leaving a lasting impression on all in attendance. Beyond the awe-inspiring Fashion Show, the event provided a valuable networking opportunity for industry professionals, designers, and trendsetters. Attendees had the privilege of connecting with influential individuals who shaped the future of the Gems and Jewellery landscape, fostering collaborations and exchanging innovative ideas.
Alongside the expo, the industry also got the opportunity to attend insightful conferences and interactive workshops. These sessions shed light on emerging trends, market dynamics, and the future of the industry. The diverse range of topics covered were Branding and Success Secrets of an Entrepreneur; BIS Hall Marking Session, to name a few.