
India, 18th March 2023: India’s apex body, The Gem & Jewellery Export Promotion Council (GJEPC) presents India International Jewellery Show – IIJS Tritiya – in Southern India at the Bangalore International Exhibition Centre (BIEC) from 17th to 20th March 2023 – a month prior to Akshaya Tritiya, the auspicious gold jewellery-buying festival. IIJS Tritiya follows the stupendous success of IIJS Premiere – Bengaluru 2021, which revealed the latent potential of the Southern region.
The inauguration of IIJS Tritiya 2023 was graced by Dr Murugesh R. Nirani, Minister for Large and Medium Industries, Government of Karnataka (Chief Guest); and Shri T. S. Kalyanaraman, Managing Director of Kalyan Jewellers (Guest of Honour); along with Shri Vipul Shah, Chairman, GJEPC; Shri Kirit Bhansali, Vice Chairman, GJEPC; Shri R. Arulanandan, Director of the Department of Commerce; Shri Suresh Kumar Ganna, President, Jewellers Association Bengaluru; Shri Nirav Bhansali, Convener, National Exhibitions, GJEPC; Shri Sabyasachi Ray, ED, GJEPC along with others.
GJEPC and Jewellers Association Bengaluru (JAB) also signed an MoU during the inauguration with the objective of working towards the enhancement and development of jewellery manufacturing and trade in Karnataka.
Dr Murugesh R. Nirani, Minister for Large and Medium Industries, Government of Karnataka, said, “Karnataka is one state with multiple opportunities and possibilities and Bangalore is the epicentre of South India’s domestic and international trade. After establishing a leadership position in technology, IT services, software, electronic manufacturing services, mobile phone handsets and semiconductors, we are now aspiring to enhance our gem & jewellery business as this industry contributes significantly to India’s exports. The upcoming gem & jewellery park in Karnataka will become a significant hub of South India and generate more than 1 lakh jobs.”
Guest of Honour Shri T. S. Kalyanaraman, Managing Director of Kalyan Jewellers, said, “The gem & jewellery business undergoes constant evolution and participating in IIJS shows regularly has helped in keeping us updated with the times. IIJS Tritiya is a great opportunity for South Indian entrepreneurs in the gem & jewellery business to make their mark and connect to international and domestic buyers. 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.”
Mr Vipul Shah, Chairman, GJEPC said, “IIJS Tritiya is poised to act as a catalyst for further advancement of the gem and jewellery industry in Karnataka, benefiting both manufacturers and retailers. 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 remarkable growth of 169%, reaching USD 150.33 million, as compared to last year. The show presents exporters from southern India with the opportunity to take their business to the next level. Currently, India’s overall gem & jewellery exports account for USD 40 billion and our goal is to reach USD 75 billion in exports by 2030.”
“This exhibition not only offers exhibitors a chance to showcase their products but also provides them with invaluable insights into the diverse markets and their ever-changing tastes and trends,” added Mr. Shah.
Speaking on the collaboration with Jewellers Association Bengaluru, Mr. Vipul Shah said, “GJEPC is supporting the Jewellers Association Bengaluru, in setting up a Jewellery Park in Karnataka. Discussions are underway with the state Government regarding the allocation and finalisation of land for the project. This initiative aims to offer efficient assistance to jewellery manufacturers and traders seeking to expand their operations in the state of Karnataka. The project is expected to generate 1 lakh additional jobs in the sector for the people of Karnataka.”
Mr Kirit Bhansali, Vice Chairman, GJEPC, said, “GJEPC is grateful to Dr Murugesh R. Nirani, Minister for Large and Medium Industries, Karnataka, for his vision and support to increasing gem & jewellery exports. Since its inception 38 years ago, IIJS has surpassed its role as a conventional exhibition and has become the primary national platform for the Indian jewellery manufacturing industry to network with global retailers.”
Mr Nirav Bhansali, Convener, National Exhibitions, GJEPC, said, “IIJS, as a B2B platform, has been instrumental in promoting and developing the gem & jewellery business in India. IIJS Tritiya along with Signature and Premiere, are likely to generate business of over Rs. 1 lakh Crore in 2023. We are also targeting to plant 1 lakh trees this year under the “One Earth” initiative towards our ultimate aim of making all our shows carbon-neutral.”
IIJS Tritiya, the third exhibition under the IIJS banner, features more than 800 exhibitors and over 1,500 stalls spread across Halls 4 and 5, covering an area of 45,000 square meters.
The event is expected to attract over 15,000 trade visitors from 600 cities and will showcase a wide range of products, including gold and gold CZ studded jewellery, diamond, gemstone and other studded jewellery, silver jewellery, artefacts, and gifting items, loose stones, lab-grown diamonds, as well as laboratories and educational resources. Based on the feedback from visitors and exhibitors, IIJS Tritiya’s show timings have been adjusted from 11:00 am to 8:00 pm.
Innov8 Talks, a knowledge exchange forum, will feature a range of topics including a masterclass for quality management titled Kaizen Practitioner; the power of storytelling; Cyber Crime- The New Threat to your Business. New features at IIJS Tritiya 2023 also include LaunchPad’s exclusive product launch area.
IIJS Tritiya boasts several notable features, including affordable five-star and budget hotels, self-operated touch screen information kiosks, mobile charging stations, shuttle services to and from official hotels, metro stations, and airports, buggy services within the venue, and cafeteria, specially designed cafés, etc.
Mr. Rajat Rastogi, Executive Director, Runwal Group said, “Festive times always bring about a positive sentiment in consumers which is visible in their home buying as well. Gudi Padwa is an occasion which usually leads to a surge in purchases, including those of homes. This year, we have launched the ‘Great Runwal Home Fest’ to coincide with Gudi Padwa, providing a further incentive to home buyers. The Home Fest offers have been tailor-made to suit home buyer aspirations during this festive period. We have been experiencing a steady demand across our projects and we are certain of ending the FY on a high note with robust sales volumes.”
“We are extremely delighted by the overwhelming response for our projects; we look forward to provide a world-class lifestyle at a very attractive price for our residents. Festive seasons and the real estate industry are always abuzz with activities — new launches, offers, benefits, attractive payment schemes, etc and Gudi Padwa is one such auspicious occasion. Today, customers want to experience luxury-backed homes with exclusive amenities and facilities. Therefore, we feel that this is the best time to buy a property with exclusive deals and promotions from developers along with flexible payment options,” says Mr. Vikas Jain, CEO, Labdhi Lifestyle Limited.
Mr. Samyak Jain, Director, Siddha Group said, “Festivals such as Gudi Padwa are always considered auspicious for home buying and this year the festival has gained prominence due to the prevailing market condition. Past records have shown that sales on this auspicious day in Mumbai have always witnessed an uptick compared to the rest of the year. Going by the trend, we are expecting a surge in sales this year, too. In continuance with our Gudi Padwa celebration, we at Siddha Group are offering our customers discounts on the pricing along with an assured gold coin on every booking.”
“Gudi Padwa is all about happiness and new beginnings. Therefore, we at Tridhaatu Realty are celebrating the occasion by providing offers that will meet the modern needs of the homebuyers. This Gudi Padwa, we are providing our customers an attractive value proposition, amidst the rising property prices, where we should see their confidence in the sector increase, and boost consumption. We are optimistic that the auspicious occasion will give a much-needed positivity that the real estate sector needs,” said Mr. Govind Krishnan Muthukumar, Co-founder & Director, of Tridhaatu Realty.
Mr. Himanshu Jain, VP – Sales, Marketing & CRM – Satellite Developers Pvt. Ltd (SDPL) said, “The real estate sector relies heavily on auspicious occasions like Gudi Padwa which leads to enhanced buyer activity and property sales. This year, the festival will be more joyous owing to improved home-buying sentiment. We have analyzed the buyers’ requirements and have customized the offers accordingly. This is the best buying opportunity for the buyers to buy their dream home and experience the best-in-class lifestyle at an affordable price within the city limits.”





