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IJSF is the world's biggest jewellery festival: Dinesh Jain, GJC Director and IJSF Convenor


Hyderabad, November 6, 2023: IJSF India Jewellery Shopping Festival 2023 road show held at Park Hyatt in Banjara Hills in Hyderabad. Shruti Hasan, a well-known actress who is its brand ambassador graced the occasion.


Speaking on the occasion Shruti Hasan said I like temple jewellery, simple and traditional jewellery. I bought most of my jewellery from Hyderabad and Tamil Nadu. I am not obsessed with Gold. I bought a lot of pearls from Hyderabad. I don’t follow trends, but I prefer such jewellery which should help carry energy. I prefer to choose what I like the most. I like Temple, Kundan, Jewellery and pearls, she said.


Now millennials too are prefer to add gold, and diamond jewellery to their portfolio, Shruti added My first memory of Jewellery was when I was six years old, a set of eearrings in the shape of number six were presented to me by my parents. But, one day I lost while swimming, one ring. I searched for it for half an hour later I found it, she recalled her fond memories of gold.


The Jewellery worn by a character in films reveals the region where the character comes from. Jewellery used by characters in movies plays an important role in storytelling.


IJSF is a 37-day long Celebration of Gold organised across India from October 15 to November22nd . It is a gold-buying festival. It is pan Indian event. Nearly 1500 Jewellers are participating in the festival. About 15 are participating from Hyderabad. And these 15 include Krishna Jewellers Pearls, P. Satyanarayan & Sons, Pavan Mor Jewellers, Sri Sai Krishna Jewellers, Suraj Bhan Babulal & Company; Tibarumal Gems, Tibarumals Jewellers, Lalchand Hastimal Jewellers, Manepally Jewellers, Sree Panna Jewellers, Sri Jagdamba Pearls and Sr Ranka Jewellers.


The festival is the initiative of GJC, All India Gem and Jewellery Domestic Council, a national trade body established to address the industry.

During the festival on purchase of every Rs 25000/- worth of Jewellery a coupon is given and an assured limited edition silver coin which will have the image of the new parliament of India. This image is used to celebrate Aajadi ka Amrit Mahotsav. It will disburse up to 50 kilos of gold; 500 kilos of silver and prizes worth Rs 5 crore to the end consumer. This is the most transport process handled by a reputed agency. Only hallmarkjewellery is sold. Only ethical business practices and best business practices are encouraged. Every purchase has to be supported by a valid GST bill, informed Dinesh Jain while addressing a press conference.


IJSF 2023 is unlike any other shopping festival that the country has seen before, declared Manoj Jha, the Joint Convenor of IJSF. It is helping retailers to generate more business. The gold is normally purchased for marriages. 50% of gold business happens because of marriage. The festival democratised the process as Big and Small Jewellers have come on the level. The entire jewellery industry is united because of the festival. It ensured unity among them. We are likely to see a 30% increase in the overall business during the festival. She normally suffers whenever gold prices plummet, but, due to the festival the industry is witnessing the brisk activity, he said.


IJSF 2023 is unlike any other shopping festival that the country has seen before, declared Manoj Jha, the Joint Convenor of IJSF. It is helping retailers to generate more business. The gold is normally purchased for marriages. 50% of gold business happens because of marriage. The festival democratised the process as Big and Small Jewellers have come on the level. The entire jewellery industry is united because of the festival. It ensured unity among them. We are likely to see a 30% increase in the overall business during the festival. She normally suffers whenever gold prices plummet, but, due to the festival the industry is witnessing the brisk activity, he said.

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