Rao to inaugurate B2B show on fashion jewellery today

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Saurabh Gupta | 12 Jul, 2013
Union Textiles Minister Dr. Kavuru Sambasiva Rao will declare open the three-day 6th edition of Indian Fashion Jewellery & Accessories Show (IFJAS-2013), a specialized B2B (business-to-business) show, at India Expo Centre in Greater Noida Friday.

"A Specialized B2B show will be held in the state-of-the-art complex housing 900 permanent marts displaying the latest in Indian Handicrafts & Gifts and will be open only for overseas trade visitors for better international reach and gain market exposure," said a nodal agency for promotion and export of handicrafts.

This B2B show is mainly focusing on fashion products like fashion & costume jewellery, imitation jewellery, fashion accessories & head to toe adornments. "IFJAS 2013 will also showcase the widest range of materials, products and designs in five categories comprising of fashion jewellery, semi precious jewellery, fashion accessories, hand bags and fancy & embroidered fashion shoes," it said.

Zohra Chatterji, Secretary, Ministry of Textiles along with Development Commissioner (Handicrafts) S.S. Gupta will also grace the occasion.

Describing it an important part of India's export basket, Chairman of EPCH, Lekhraj Maheshwari said, "The Council has been organizing IFJAS on an annual basis and the export fortunes of this segment have got a significant boost. The year on year growth of fashion jewellery alone over the last three years has been a noticeable factor."

"USA is the largest importer while UK continues to be second largest buyer. This sector has tremendous potential to expand further," he added.

Special focus this year will be setting up of Theme Pavilion by Fair Trade Forum. Members of Fair Trade Forum shall be displaying high class fashion jewellery and accessories products produced on International standards and ethics such as no child labour and environmental concerns.

Seminars on 'European Fashion Jewellery and Accessories Market - Opportunity for Indian Exporters' and 'Hedging Foreign Exchange Tool' shall be organized on 13th July, 2013.

A Fashion Show on exclusive and latest items of fashion jewellery and accessories shall also be organized on 12th and 13th July, 2013.

At IFJAS, the buyers will have the opportunity to discover the finest in Indian craftsmanship and artistic finish in perfect harmony with modern designs, contemporary colours and new product development under one roof. Around 200 Indian companies from across India would be displaying their range of products.

The leading importing Nations for jewellery in the world are USA, Germany, UK, France, Japan, Switzerland, Netherlands, Canada, Belgium, Hong Kong, Australia, Italy and Latin American countries and India is already exporting to these markets, the Chairman added.

Terming the event as a dedicated distinct platform, Rakesh Kumar, Executive Director, EPCH said that "IFJAS provides international buyers with an apt window to source their requirements and help them in establishing an enduring profitable business relationship with Indian exporters. Organizing IFJAS is part of the Council’s drive to promote and expand horizons of key verticals of the handicrafts sector."

The upcoming show will give a distinct platform to those specializing in the wide range of fashion products. In a mixed basket fair like IHGF, fashion jewellery & accessories is one of the important categories. A focused show for this sector, IFJAS would give exhibitors a unique opportunity to display capabilities and fully exploit their business potential, said Kumar.

The exports of fashion jewellery and accessories from India went up from Rs, 1237.69 crore in 2011-12 to Rs 2007.15 crore in 2012-13, added Kumar.