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QUOTE OF THE DAY - 20 Mar 2023
"We have a small capital and that is also inadequate to procure the metal in bulk. Eventually, we cannot have a lot of designs in showrooms. People, who prefer to buy jewellery after seeing the finished product, shift to branded large jewellers. If prices increase further, we will not be able to sustain."
Bablu Dey , President, Swarnashilpo Bachao Forum
"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 a remarkable growth of 169%, reaching USD 150.33 million, as compared to last year. The show presents exporters from southern India 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 exports by 2030."
Vipul Shah , Chairman, GJEPC
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Minister distributes 8 grams of gold to 156 beneficiaries
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