IIJS Opens to Mixed Expectations

(IDEX Online News) – The IIJS show, this year featuring over 800 exhibitors in 1,700 booths spread over 42,000 square meters, is the single biggest networking and product-sourcing event in the Indian gem and jewelry calendar.

Early traffic on the first day of the show has been moderate. Traders' expectations are mixed in light of buyers' resistance in the past couple of weeks and rising gold and polished diamond prices.

It is also among the world’s top four gem and jewelry trade shows in terms of size. It acts as a barometer to how the Indian gem and jewelry industry will perform for the rest of the year.

The Indian industry, which recorded a staggering 42% growth last year, is looking at a more modest 15-16% growth this year. Trading volumes and values at IIJS are crucial to achieving this.