Hyderabad, May 29, 2024: The much-anticipated 16th edition of the Hyderabad Jewellery Pearl & Gem Fair (HJF), organised by Informa Markets in India is set to welcome attendees from June 7th to 9th, 2024, at Hall 4, HITEX, Hyderabad. This prestigious event promises new horizons and opportunities, perpetuating its legacy of excellence in the jewellery industry and fostering growth in Southern India.
In 2023, the Indian Gem and Jewellery market was valued at USD 43.71 billion, with a projected CAGR of 17.35% from 2024 to 2030, reaching USD 133.96 billion. This growth illustrates the sector's dynamic potential and its crucial role in the economic landscape
An Unparalleled Exhibition
HJF 2024 will feature over 350 exhibitors showcasing more than 700 brands, over 2,00,000 designs and collections and the latest trends. This three-day exhibition will attract more than 8,000 trade visitors, including industry leaders and influencers. Some of the key exhibitors include Abhay Pearls, Chintamani Gold, Dantara Jewellers, Kanchan Jewels, V S Gold and many more. With 15 years of unparalleled success, HJF continues to highlight exceptional creativity and innovation in jewellery, drawing participants from major cities and Tier II towns across India.
HJF 2024 has received support from Hitech City Jewellery Manufacturers Association (HJMA) and the Telangana Bullion Gems & Jewellers Federation (TBJA). Additionally, HJF extends its reach globally through its international partnership with the Hong Kong Jewellery & Gem Fair.
Highlighting on the dynamic growth and cultural richness of India's jewellery market, Mr. Yogesh Mudras, Managing Director of Informa Markets in India emphasised, “India, known as the ‘factory for the world’ in the jewellery segment, has the potential to lead globally. The domain, a mix of organized and unorganised sectors, is a central hub for jewellery manufacturing, supported by progressive government policies and initiatives that promote investment, technology, and skills. The recent measures, such as permitting 100% FDI in the sector and reducing customs duty on cut and polished diamonds and coloured gemstones, demonstrate this commitment.
“In this vibrant landscape, HJF 2024 along with its diverse features, stands out as a premier platform fostering meaningful connections and collaboration between manufacturers and buyers, paving the way for the future of India's jewellery industry.” He added.
An Engaging Platform
HJF 2024 will draw a diverse array of industry stakeholders, including suppliers, traders, machinery manufacturers, importers, exporters, national sourcing delegates, technology providers, and representatives from trade and governmental bodies worldwide.
This edition of HJF is set to welcome a diverse gathering of trade visitors hailing from Andhra Pradesh, Telangana, Tamil Nadu, Maharashtra, Karnataka, Kerala, and neighbouring regions. Moreover, a curated list of VIPs and over 400 premium hosted buyers from across India and abroad will attend, ensuring a high level of engagement and business opportunities. Attendees can look forward to jewellery conferences, a spectacular jewellery fashion show, a prestigious awards ceremony, and a dedicated pavilion showcasing the renowned Mumbai Zaveri Bazar. Furthermore, knowledge sessions, conferences, and panel discussions will enrich the event with insights pertinent to the jewellery industry.
A Legacy of Excellence
The Gems and Jewellery industry is one of the largest sectors in India, significantly contributing to the economy. Statistically, it accounts for nearly 7% of the country’s total GDP and 15.71% of India's total merchandise exports. The recently announced India-Middle East-Europe Economic Corridor is proved to be a strategic and economic game-changer, much like the CEPA trade agreement which has boosted jewellery exports to the Middle East.
HJF 2024 builds on its legacy of bringing the best in jewellery from around the world to Hyderabad. This premier event is a must-attend for those within the industry, offering an opportunity to experience unparalleled innovation and creativity in a setting open only to the inner sanctum of the jewellery community.
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