IFJAS - 2015 generates business worth Rs. 110 cr: EPCH

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SME Times News Bureau | 13 Jul, 2015
The three days specialized 8th edition of Indian Fashion Jewellery and Accessories Show (IFJAS) has been concluded on Sunday with visit of 454 buyers and their representatives in India with estimated business generation of Rs 110 crore, informed the nodal agency for promotion of handicrafts from India and organizer of the shoe, Export Promotion Council for Handicrafts (EPCH).

"More than 450 buyer representatives in India and their visited the show and source their requirement. Estimated business enquiries to the tune of Rs 110 crore were generated during three days show," said Rakesh Kumar, Executive Director - EPCH.

350 exhibitors drawn from all parts of the India participated in this show and displayed products such as fashion jewellery, semi precious jewellery, fashion accessories, hand bags, fancy and embroidered fashion shoes.

One of the important features of the show was an exclusive display by primary producers of handcrarfted products from Uttarakhand, Jharkhand, Bareilly, Bhuj, Lucknow and Srinagar - NGO/Artisans from North East, Eastern, Western, Central, Southern and Northern regions.

The objective of setting up of this display by primary producers was to enable the exporters and buyers to source new products for their supplies to foreign markets. About 180 primary producers participated in this display.

Another important feature of IFJAS 2015 was the organization of a special meeting between the primary producers and the exporters with the intention to know each other about products being exported, new products which can be sourced and new source of supplies for the exporters can be explored. The objective was also to bring newness in terms of products, raw material base and source of supplies before the exporting community.

The exports of fashion jewellery and accessories has touched Rs. 3840.60 crore in the year 2014-15 against Rs. 3036.68 crore in the year 2013-14.