GJEPC launches first edition of IIJS Tritiya in Bengaluru
The Gem and Jewellery Export Promotion Council launched the first ever edition of its India International Jewellery Show Tritiya in Bengaluru on March 17 with an inauguration ceremony attended by government and jewellery industry dignitaries. The event is designed to open up the South Indian market for business-to-business manufacturers.
“Karnataka is one state with multiple opportunities and possibilities and Bangalore is the epicentre of South India’s domestic and international trade,” said the Government of Karnataka’s Minister for Large and Medium Industries Murugesh R Nirani in a press release on March 17. “After establishing leadership position in technology, IT services, software, aerospace, defence, electronic manufacturing services, mobile phone handsets and semi-conductors, we are now aspiring to enhance our gem and jewellery business as this industry contributes significantly to India’s exports. The upcoming gem and jewellery park in Karnataka will become a significant hub of South India and generate more than 1 lakh jobs. IIJS Tritiya is expected to generate business of over Rs. 50,000 crore and herald a new beginning for the gem & jewellery industry in Karnataka.”
The trade show will run at the Bangalore International Exhibition Centre until March 20, a month before the auspicious gold buying festival Akshaya Tritiya. IIJS Tritiya was designed to follow on from the 2021 IIJS Premiere business-to-business fair in Bengaluru.
“The gem and jewellery business undergoes constant evolution and participating in IIJS shows regularly has helped in keeping us updated with the changing times. IIJS Tritiya is a great opportunity for South Indian entrepreneurs in the gem and jewellery business to make their mark and connect to international and domestic buyers,” said Kalyan Jewllers’ managing director T S Kalyanaraman at the opening. “I remember how I started off as a third-generation entrepreneur three decades back and have finally reached this stage today thanks to the support and initiatives of GJEPC.”
“IIJS Tritiya is poised to act as a catalyst for the further advancement of the gem and jewellery industry in Karnataka, benefiting both manufacturers and retailers,” said GJEPC chairman Vipul Shah. “We are already witnessing a surge in exports from this state. From April 2022 to February 2023, the gem and jewellery exports from Karnataka experienced a remarkable growth of 169%, reaching $150.33 million, as compared to the same period in the previous year. The show presents exporters from southern India the opportunity to take their business to the next level.”
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