Mumbai jewellery show to be biggest ever this year

Friday, 11 July 2003, 19:30 IST
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MUMBAI: The India International Jewellery Show 2003, to be organised here from July 18 to 21, is slated to be the biggest so far with 611 participants compared to only 300 last year. In a statement Friday, the organisers, Gems and Jewellery Export Promotion Council, said about 15,000 visitors were expected. This year the show would celebrate its 20th anniversary. "The show would provide an opportune forum to view the latest in indigenous jewellery design and execution capabilities, besides disseminating knowledge about new trends and products," the council said in its statement. Besides just displaying jewellery, the meet would also feature seminars with presentations from international jewellers like De Beers and Rapaport, the statement said. Moreover, for the first time, a trade meet would be held on the sidelines of the show with representatives from Bangladesh, Myanmar, Sri Lanka and Thailand. Exports of gems and jewellery during the first quarter, ending June 30, 2003, recorded only a marginal increase of 3.85 percent from $1.81 billion to $1.88 billion. The total exports of cut and polished diamond for the quarter also grew by only 1.87 percent from $1.52 billion to $1.55 billion. However, value-added exports rose with the gold jewellery sector, growing at 16.77 percent.
Source: IANS