UBM India concludes the third edition of Kolkata Jewellery and Gem Fair in Eastern India on a successful note
Mr. Ahmed Hassan Imran, Member of Parliament, Government of India & Mr. Sabyasachi Dutta, Mayor of Salt Lake inaugurated the Fair
Hosted in association with Calcutta Gem & Jewellery Welfare Association (CG&JWA), Bangiya Swarna Shilpi Samity (BSSS) & Swarna Shilpa Bachao Committee
Kolkata, 12th April 2017: The third edition of the Kolkata Jewelry & Gem Fair (KJGF) 2017, the B2B international jewellery trade fair, hosted by UBM India in association with Calcutta Gems & Jewellery Association (CG&JA) came to a successful conclusion in the city recently, The expo was earlier inaugurated by Mr. Ahmed Hassan Imran, Member of Parliament, Government of India, Mr. Sabyasachi Dutta, Mayor of Salt Lake, Mr Ashoke Bengani, President CG&JWA, Mr. Bijendra Bothra, Co Convener CG&JWA, Mr. Vivek Jain, Convener CG&JWA, Mr. Pramod Duggar, Secretary CG&JWA, Mr. Nitin Khandelwal, Chairman GJF, Mr. Yogesh Mudras, Managing Director, UBM India and Mr. Abhijit Mukherjee, Group Director, UBM India amidst an industry gathering.
Statement necklaces, arm cuffs, art school earrings and raw stones all made an impact at the Kolkata Jewelry & Gem Fair this year with close to 150 exhibitors in attendance. As the largest fine jewellery event of Eastern India, the three day expo has successfully projected Kolkata as one of the highest contributors to the jewellery industry along with a successful projection of the city on the global map.
Speaking on the positive completion of the 3rd edition of KJGF, Mr. Yogesh Mudras, Managing Director, UBM India said “We were delighted to host the KJGF after a considerable hiatus, and emerge stronger than ever before. Due to the economic restructuring in the national scenario, the gems and jewelry sector had undergone a challenging phase last year. But as the broader implications of these measures are being understood now, they have sent positive vibes to the sector. An expo of the magnitude of KJGF was just what the East Zone needed to fortify the vertical. It provided better business opportunities for the manufacturers, retailers and suppliers as well as for the industry to congregate and discuss future trends and challenges. The expo also focused on the craftsmanship of Bengali kaarigars and the need and ways to pool in resources for their welfare.”
The jewellery sector adds about 7% to India’s GDP and East India is deemed to be the hub for precious and semi-precious studded jewellery, handmade jewellery, casting jewellery and lightweight gold jewellery, besides also being a major consumer of gold and diamond jewellery. These factors augmented the success of the show as well the jewellery sector as a whole. With UBM's India’s market penetration, the Kolkata Jewelry & Gem Fair 2017 drew significant attention from buyers and international sourcing delegates from USA, Nepal, Sri Lanka, all lined up to witness the largest display of Traditional Bengal Gold and Diamond Jewellery.
In addition to pavilions for precious metals and stones, the expo had dedicated stalls showcasing the latest technology and machinery in jewellery making along with trendy and classical packaging. These promoted technical knowhow necessary in modern jewelry manufacturing, with a congregating of over 30 machinery companies.
Some of the noted exhibitors who participated were M.B. Sons & Jewellers, B.C. Jain Jewellers, Tirupati Gold Pvt. Ltd., Indian Gem & Jewellery Creation, Kik Jewels Pvt. Ltd. among others.
Some of the trends as observed at the fair for the upcoming season included the use of polki setting and fancy shaped diamond jewelry. In general, millenials like smart and minimal jewellery, and cocktail rings and long earrings will be all in vogue this season. With young consumers preferring more of easy-to-carry and hassle-free jewellery, the three-day event provided ample opportunities to experience classy designs of the season.