Jewellers estimate 20 pc rise in jewellery sales this season

Mumbai, Apr 8 (Bureau) Speaker of Maharashtra legislative assembly Rahul Narvekar said gems and jewellery show is being recognised today as a landmark show, displaying talent, art productivity and values of ethical trading to the world at large. He was speaking after inaugurating the third edition of All India the 3rd edition of the Gem and Jewellery Show (GJS) at the Bombay Exhibition Centre (Nesco) in Mumbai today which will continue till 10th April 2023. GJC chairman Mr Saiyam Mehra and Vice Chairman Mr Rajesh Rokde were among many dignitaries who were present on the occasion.

The Chief Guest Mr Rahul Narvekar launched an industry-dedicated magazine ‘GJC Connect’ on the occasion. Rajesh Rokde, Vice Chairman, GJC said, “this show is being organised at a time when gold prices have jumped to a record high, and it lacks direction for the future. I can firmly say that gold’s real beauty is its price. Consumers will not get attracted towards gold if its price does not go up. So, there is no need to get demoralised. It is better to think in a positive direction and consider that its price hike is good for the industry. The jewellery industry’s future is the real gold price rise.” GJC is planning to organise two GJS shows every year, with the first being in April and the second in September, a statement issued here stated Saturday.