Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

IIJS Signature's $4.2bn Boost to Industry

January 08, 24 by John Jeffay

(IDEX Online) - The IIJS Signature show is set to generate $4.2bn of business, an increase of $500m on last year.

Organizers say 30,000 visitors are attending the five-day, two-venue event in Mumbai which ends tomorrow (9 January).

Shri Nirav Bhansali, convener of national exhibitions for GJEPC (Gem & Jewellery Export Promotion Council) said: "As the first show of the year, IIJS Signature plays a crucial role in gauging demand from both domestic and global buyers.

"The IIJS Signature show alone is set to enable a staggering Rs. 35,000 crore ($4.2bn) worth of business. When considering the collective impact of all three IIJS shows, the total business generated will amount to an impressive Rs. 1.25 lakh crore ($15bn).

"Following a phenomenal festive season that witnessed double-digit sales growth for retailers, this platform gives buyers an opportunity to stock up inventory for the weeding and festivities placed in the first half of the year."

Last year's IIJS Signature booked orders worth Rs. 30,000 crore ($3,675,750,000). In 2022 the show was cancelled because of Covid concerns.

The current 16th IIJS Signature has attracted buyers from 800 Indian cities and 60 countries. The show boasts over 1,500 exhibitors and 3,000 stalls.

File pic of IIJS Signature

Diamond Index
Related Articles

"$3.7bn of Orders" Booked at IIJS Signature

January 17, 23 by John Jeffay

Read More...

Record $8.4bn of Business at IIJS, say Organizers

August 14, 23 by John Jeffay

Read More...

IIJS Signature will be "Biggest Ever"

January 01, 24 by John Jeffay

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter