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INDIAN FASHION JEWELLERY & ACCESSORIES SHOW 2012

 

 Fashion Jewellery Show Generates Business Worth Over Rs 84 Crore : EPCH

 


The 5th edition of three-day-long Indian Fashion Jewellery & Accessories Show (IFJAS 2012), organized by the Export Promotion Council for Handicrafts (EPCH),  generated business worth over Rs. 84  crore on its conclusion today at  India Expo Centre and Mart at Greater Noida Expressway, Delhi-NCR .

 

Around 453 overseas buyers, representing world famous major buying houses and retail chains, visited the fair to source their requirements from a diverse range of products under one-roof showcased by over 200 Indian exporters and manufacturers  from various parts of India. About 350 buyers had registered on the opening day of the show itself.

 

Over 50 big retail houses from across the country dealing in fashion jewellery also visited the mega show to source their requirements.

 

Fashion Shows were organized on all three days with a theme “Go Green” and these shows were greatly appreciated by the visitors and buyers.

 

The display range included fashion jewellery, semi precious fashion jewellery, fashion accessories, hand bags, purses, fancy shoes and embroidered fashion accessories etc. keeping western tastes and preferences in focus.

 

Smt. Kiran Dhingra, Secretary, Ministry of Textiles, also visited the show on the concluding day and appreciated the display and presentation of products by Indian exhibiting companies. She observed that the intricacies and exquisiteness of the Indian traditional as well as contemporary fashion jewellery have created a niche in the world markets and have tremendous potential for exports.

 

Overseas buyers evinced keen interest in India’s design elements anchored on trends interpreting various inspirations and tendencies and use of an assortment of material. Buyers from across the globe with major traffic from USA, UK, Canada, Japan, Poland, South America, Turkey, Botswana, Hungary and Belgium visited the show to source their requirements. This mega event is one of its kind of international show dedicated entirely to the jewellery and accessories industry.

 

The world market for fashion jewellery and accessories is over  US$ 16.3 billion  in which India’s share is negligible. The export of fashion jewellery and accessories from India has risen to Rs. 886 crore in 2010-11 to Rs. 1237.69 crore in 2011-12 and the trend continues as in the first three months of Apr-June 2012-13, the exports from this segment were to the tune of Rs 336.50 crore (USD 62.47 million) as against Rs 244.08 crore (USD 54.35 million) during the same period in 2011-12.

 

The EPCH is a nodal agency for promotion of handicrafts products from India and projects India’s image abroad as a reliable supplier of high quality handicrafts.

 

Photo Gallery

 

 

July 14, 2012 – Mr. S.S. Gupta, Development Commissioner (Handicrafts) graced the occasion and gave away the Ajai Shankar Memorial Awards for Best Stand Design & Display at the “5th Indian Fashion Jewellery & Accessories Show 2012 (IFJAS 2012)” at the India Expo Centre & Mart, here today. The Award function was held during a Gala Networking Evening organized by the Export Promotion Council for Handicrafts (EPCH). While presenting the awards, Mr. Gupta said that the efforts of EPCH would definitely help achieving the growth in exports of fashion jewellery & accessories. He expressed confidence that leading exporters of fashion jewellery & accessories of India would highlight the diversity of fashion jewellery-both traditional and contemporary, fuelling a big boost in exports of fashion jewellery from the country and also promote employment opportunities in the sector. A total of six awards were given in two categories i.e. Fashion Jewellery Category & Fashion Accessories Category. In the Fashion Jewellery Category, Mr. Kamal Gupta of Shringaar Export Pvt. Ltd., Noida bagged the Gold Trophy. Mr. Simrandeep Singh Kohli of Sehaj Impex, New Delhi bagged the Silver Trophy and Mr. Rakesh Daing of Elcorp Pvt. Ltd, New Delhi bagged the Bronze Trophy. In the Fashion Accessories Category, Mr. Vikas Manaktala of Cosmique Global, New Delhi bagged Gold Tropy while Mrs. Ritika Jain of Aesthetic Living Merchants Pvt. Ltd, Gurgaon and Mr. Ankit Jain of Enkay Exports (India) Limited, Agra bagged the Silver Trophy and Bronze Trophy respectively. Earlier during the day, a Seminar on “Fashion Jewellery & Accessories – Designs, Trends & Compliance Needs” was also held where Ms. Sangeeta Dewan, Sr. Design Consultant, Zoya by Tanishq dwelt on Design Perspective and Mr. Garish Malhotra, Manager, SGS India Pvt. Ltd. addressed on Compliance Perspective.

 

 

Video Gallery

EPCH - indian fashion jewellery & accessories show, visit of secretary of  textiles EPCH Award Function in India Expo Mart in Greater Noida EPCH Function - Rajasthani folk dance, kolaveri dance, superb dance by foreigner women. EPCH - 5th Indian fashion jewellery and Accessories Show 2012 at  Greater Noida EPCH - Fashion Show Indian Fashion jewellery and accessories show 2012 at Greater Noida EPCH - 5th Indian Fashion Jewllery and Accessories Show (IFJAS2012) press briefing

 

 

 5th INDIAN FASHION JEWELLERY & ACCESSORIES SHOW 2012  OPENS

 

July 13, 2012 – Minister of State for Textiles Smt. Panabaaka Lakshmi declared open the 5th edition of the Indian Fashion Jewellery and Accessories Show (IFJAS), being organized by Export Promotion Council for Handicrafts (EPCH), at India Expo Centre and Mart at a colourful ceremony here today.While inaugurating the IFJAS 2012, the Minister said that Indian exporters have shown good performance in increasing the exports of fashion jewellery and accessories, yet they need to do more hard work in improving their competence to face the competition from countries like China, Thailand, Korea and Hong Kong who mass produce jewellery with precision and finish.She urged the exporting community to innovate and improve their techniques and technology of manufacturing and they also need to improve their designs and presentation of products. “We have to learn from our competitors various aspects of designs, manufacturing, finishing and presentation.”She also said that range of products available from India are versatile as India now offers jewellery made not only from various types of  metals but also from other raw material bases like bones, wood, beads, threads, stones, leather, horns, natural fibers and plastic etc. The variety in designs, styles and craftsmanship has enabled India to produce newer variety of modern and contemporary styles in the world market.  India has capacity to cater to all segments of the market viz. high, middle and low end. India also has capacity of presenting variety of raw material bases, designs and price to suit every dress and styles.  In fact, buyers now prefer to alternate fashion jewellery and accessories rather than alternating their costumes which are expensive.  It is, therefore, popularly known as ‘Costume Jewellery’, Smt. Lakshmi added.She lauded the role of EPCH in doing a good job of boosting different product segments which have shown potential for exports through the medium of specialized shows amongst buying community.The Textiles Ministry has extended full support to EPCH and to the Development  Commissioner (Handicrafts) for expanding market base for fashion jewellery and accessories, the Minister added.The fashion jewellery and accessories form an important part of the total export basket of handicrafts sector. In fact, fashion jewellery and accessories is sunrise segment of the handicrafts and has been showing continuous increase in exports. Over 200 exporters are displaying a wide range at this show which  is vast and covers fashion jewellery/costume jewellery, semi precious jewellery, fashion accessories like shawls, scarves, stoles, hand bags, purses, wallet, belts, embroidered, beaded & sequined accessories etc.  The designs on display are rich, traditional, modern and contemporary to suit all sections of society and markets.Earlier, in his welcome address, Mr. Arvind Vadhera, Chairman of EPCH, said “the Council had adopted a strategy few years ago to promote and expand the market of specific product segments    which have great potential in the world market in which India have capability to improve upon. The fashion jewellery world market runs into 16 billion dollars and India’s share has been very little rather negligible. The problem perhaps lies in precision, finishing and presentation. We, therefore, need to match our capabilities with our competitors.”EPCH is already seized of all these issues and organizing seminars and workshops to upgrade the products adapt them to the world requirement and improve presentation and packaging, he said added that the objective of IFJAS is to expand India’s share in the world market and also to develop awareness of India’s competence amongst overseas buying community. Previous events have already considerably helped in developing awareness and also enlarging market base.Mr. Rakesh Kumar, Executive Director, EPCH said that  India offers a very rich raw material base, skills and low cost involvement production, the EPCH hopes that “besides expanding export base of fashion jewellery and accessories, the overseas buyers may get interested in setting up their own production units in India or in tying up with the existing producers and exporters.”The inauguration of IFJAS was followed by a Fashion Show with a theme on ‘Go Green’.Mr. Kumar, ED- EPCH also informed that the exports of fashion jewellery and accessories from India has risen to Rs. 886 crore in 2010-11 to Rs. 1237.69 crore in 2011-12 and the trend continues as in the first three months of Apr-June 2012-13, the exports from this segment were to the tune of Rs 336.50 crore (USD 62.47 million)  as against Rs 244.08 crore (USD 54.35 million) during the same period in 2011-12.  He mentioned that despite recession in West Europe, EPCH is working hard to achieve export target set for 2012-13 which is US $ 3300 million.The EPCH is a nodal agency for promotion of handicrafts from India and project India’s image abroad as a reliable supplier of high quality handicrafts.