JB Insights
BIJS 2023 ends on a high note; overwhelming response from trade
The 4th edition of the Bengal International Jewellery Show 2023 (BIJS), from 8-19 Dec 2023 , organised by KNC Services, concluded with an overwhelming response, generating its highest-ever business for the trade. The largest gem and jewellery fair in East India had 10,000+ visitors at the Milan Mela Exhibition Centre, Kolkata



Show Highlights:
- ✅ 250+ manufacturing companies exhibited at the show
- 👥 10,000+ national visitors from across India
- 🛍️ 50+ retail chains participated from all over India
- 🌍 500+ overseas buyers from 10+ countries
The event witnessed more than 500 visitors from over 10 countries, including the USA, UK, UAE, Saudi Arabia, Qatar, Bangladesh, Bahrain, Kuwait, Germany, Turkey, and many more. The distinguished guest list included hosted buyers from all regions, elevating the event to an unparalleled international stature
Kranti Nagvekar, Founder of KNC Services, expressed, “I wish to convey my appreciation to both exhibitors and visitors for their incredible support. We saw a remarkable turnout of over 10,000 visitors hailing from 500 cities across India, marking this as the most successful East India trade show in 2023



The grand show was marked with the distinguished presence of Shri Joy Alukkas, Founder & Chairman of Joyalukkas India Pvt Ltd., who inaugurated the expo along with Ali Saleh Baterfi Al Kindi, Vise Chairman, Federation of Council of Saudi Chamber, Jeddah, Saudi Arabia; Samar Kumar De, President, SSBC; Arun Kumar Varma, President, BGJA; Tagar Chandra Poddar, General Secretary, Bangiya Swarna Shilpi Samiti;.Kranti Nagvekar, Founder and MD, KNC Services; Suvankar Sen, Chairman and MD, Senco Gold; Saiyam Mehra, Chairman, GJC; Suber Sen, Chairman, B.C. Sen Jewellers, Pankaj Pariekh, Regional Chairman, GJEPC amongst others.
KNC conducted various events honouring stalwarts and achieve4s in the GJ industry during BIJS 2023


Durga Awards
KNC honoured five women entrepreneurs for their tremendous work in the jewellery industry; the awardees were Ranjana Sen, Chairman, Senco Gold Ltd., Nilima De., Partner, Guinea Emporium,Pooja Mehra, Director, Unique Chains,Sushma Epari, Director, Epari Jewellers,Prerna Gupta, MD, Rhombus Jewels.
Hunnar Awards
As everyone knows, East India is known for its craftsmanship. The award organised by KNC supported by local associations, the Hunnar Awards for all handcrafted jewellery karigars for their best jewellery-making designs. The awards were given to the honoured top 3 handcrafted jewellery artisans who submitted their handmade jewellery on December 8th for the jury round; the final 3 got selected by the jury ( Joy Alukkas, Suvankar Sen, Al Batarfi, Kranti Nagvekar, and all Dias members were part of the jury). The 1st prize of the Hunnar Award is Rs. 100000, the 2nd is Rs. 50000, and the 3rd is Rs. 25000. The same was given by Samer Dey and by Ms. Kranti Nagvekar
Networking Event
KNC Services organised the networking event on the second day of the show, i.e., December 9, 2023, to build the network between manufacturers, wholesalers, and retailers
Lifetime Achievement Award
KNC has honoured Hasmukh Parikh with a life-time achievement award for his tremendous work towards the industry; his company is one of the top export jewellery companies from the East region.
On this momentous occasion, KNC launched their upcoming Riyadh show in Saudi Arabia. Dates and venue were announced, along with the 2nd edition of the Jeddah Show.
Education
The New-Age Jewellery Professional: Why Tech Education for Jewellery Industry is the Biggest Growth Driver
#JbExclusive
The jewellery industry is no longer defined by craftsmanship alone. Today, it sits at the intersection of design, technology, sustainability, finance, branding, and global trade. As consumer expectations evolve and competition intensifies, structured education and continuous skill development are emerging as the most powerful growth catalysts for the sector.
For a dynamic industry like India’s jewellery market, education is not optional — it is strategic.
From Karigar to Knowledge Professional
For decades, the backbone of the industry has been generational craftsmanship. While this legacy remains invaluable, modern jewellery businesses now demand professionals who understand:
- Gemology and diamond grading
- CAD and 3D jewellery design
- Retail management and consumer psychology
- Digital marketing and brand storytelling

- International trade compliance and tariffs
- ESG and sustainability frameworks
Institutions such as the Gemological Institute of America and the Indian Institute of Gems and Jewellery have played a key role in formalising education pathways, helping transform traditional artisans and retailers into globally competitive professionals.
Trend Watch: Rise of Tech-Integrated Learning
One of the strongest education trends shaping the industry is technology integration.
- CAD & CAM Training: Digital prototyping reduces costs and speeds up product development cycles.
- AI in Retail Forecasting: Data-driven inventory planning is replacing intuition-based buying.

- Blockchain Awareness: Traceability in diamonds and coloured gemstones is becoming a compliance requirement rather than a luxury.
- Lab-Grown Diamond Expertise: As lab-grown diamonds gain market share, understanding grading, pricing dynamics, and consumer positioning has become critical.
Educational programs now increasingly blend online modules with hands-on workshops, enabling faster upskilling for working professionals.
The Bridal Economy & Consumer Education
India’s bridal jewellery segment continues to drive demand, but the modern bride is informed and research-oriented. She compares:
- Natural vs lab-grown diamonds
- Hallmarking standards

- Ethical sourcing claims
- Design originality
Retailers who invest in staff education see higher trust conversion rates. Well-trained sales professionals are no longer “salespeople” — they are consultants guiding life-defining purchases.
Financial Literacy in Jewellery
Another emerging area is financial education within the industry itself. With gold functioning as both adornment and asset, professionals must understand:
- Gold monetisation frameworks
- Hedging strategies

- Commodity price cycles
- Working capital management
Structured knowledge helps businesses move from being inventory-heavy traders to strategically managed enterprises.
Sustainability & Responsible Sourcing
Global buyers increasingly demand proof of ethical sourcing and environmental compliance. Education around responsible mining practices, supply-chain transparency, and ESG reporting is becoming central to export competitiveness.
Industry bodies such as the Gem & Jewellery Export Promotion Council regularly conduct seminars and workshops to align Indian exporters with evolving global standards.
The Future: Hybrid Skills Will Win
The next generation jewellery professional will not be defined by a single skill. The future belongs to those who combine:
- Design sensibility
- Technical expertise
- Business acumen

- Digital fluency
- Ethical awareness
For a sector contributing significantly to India’s exports and employment, education is the bridge between heritage and high growth.
Knowledge is the new luxury. As the jewellery industry transitions into a more organised, tech-enabled, and globally integrated ecosystem, continuous learning will determine who leads and who lags. The sparkle of the future will not just come from diamonds — it will come from informed minds shaping the industry.
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