Steady Inquiries, Improved Traffic at JJS 2012

Visitor traffic improved over the weekend at the tenth edition of the Jaipur Jewellery Show (JJS) in India, with exhibitors reporting good inquiries from customers. They noted that jewelry demand was relatively better than diamond demand during the four-day event which run until December 25, 2012, Rapaport reported.
Organizers expected over 30,000 visitors to participate in this business to business as well as business to consumer jewelry show from India and overseas. More than 290 exhibitors participated in the event.
Exhibitors noted that they made new contacts at the show but it will take some time before the orders come in. They added that there was good demand for kundan, meenakari and polki jewelry from consumers.
Sean Gilbertson, the executive director of Gemfields Plc, was the chief guest of JJS 2012. He said that Gemfields will bring the ruby mined in Mozambique to the Jaipur market in June 2013.
Rajiv Jain, the secretary of the JJS organizing committee, stated that JJS is growing which is reflected by the desire of people from the industry who are vying with each other for participation. He added that revenue from the show is used to promote emeralds and other gemstones.
Pankaj Parekh, the vice chairman of the Gem & Jewellery Export Promotion Council (GJEPC) said that the colored gemstones industry stood at $3.44 billion in fiscal year 2012, a growth of 10 percent over the previous year. “The industry has been growing steadily in the last five years, and initiatives such as the Mines to Market held in Jaipur last year, has gone further in bringing the international market to Jaipur” he added.