35.1 C
Tuesday, April 23, 2024

GJC announces India Jewellery Shopping Festival


Share post:


Mumbai: All India Gem and Jewellery Domestic Council (GJC), on Thursday announced that it is organising the India Jewellery Shopping Festival (IJSF), to uplift the business scenario across the industry with B2C from 12th October to 17th November while the B2B scheme is scheduled from 1st June 2023 to 31st October 2023.

IJSF aims to make India a global destination for jewellery shopping. The five-week-long festival aims to promote India’s art heritage, and culture by showcasing and auctioning the best jewellery pieces for CSR activities and supporting the industry in increasing sales.

Dinesh Jain, GJC Director & IJSF Convenor, said, “ The objective of IJSF is to develop jewellery tourism in India and make the country a jewellery hub. Out of 200 countries in the world, only 10pc are involved in jewellery manufacturing, indicating vast scope within the industry itself.

This fully digitalised initiative is expected to generate sales of 12000 crores worth of jewellery during B2C and over 2.4 million consumers will be involved. We expect foreign currency revenue worth Rs 3,000 crore, a release issued here stated.

Related articles

Happy Ending director Anil Bajpai speaks on challenges of creating horror short film

Director Anil Bajpai's horror short film, ‘Happy Ending’, which stars Nalini Negi (of Naamkaran fame), and Ishita Ganguly...

J&K: Police booked 2 anti-national activists under PSA in Bandipora

Srinagar: Police have booked two alleged anti-national activists under the Public Safety Act (PSA) in Jammu and Kashmir’s...

Air India and All Nippon Airways to begin codeshare partnership for travel between India and Japan

GURUGRAM: Air India, India’s leading global airline, and All Nippon Airways, the largest Japanese carrier, have signed a...

US to impose Visa restrictions on 13 people benefiting from commercial spyware misuse

Washington: The US is taking steps to impose restrictions on 13 individuals connected to the development or sale...