JB Insights
GGJS 2024 ends on a high note
Show featured 350+exhibitors across 800 stalls; 15000+ visitors attended the show
The 14th edition of GUJARAT GOLD JEWELLERY SHOW (GGJS 2024) ended sus ccessfully, once again confirming its position as a premium GJ trade show. GGJS 2024 featured 350+exhibitors across 800 stalls; 15000+ visitors attended the show.GGJS 2024 was inaugurated by Guest of Honour Dr Chetan Kumar Mehta, President – Jewellery Division – IBJA, President – JAB at the Helipad Exhibition Centre, Gandhinagar along with Hitesh Soni, President – GOWJA, Akshay Mehta, Vice President – GOWJA, Paresh Zarmarwala, Director – GGJS, Jignesh Patadia, Director – GGJS, Surendra Mehta, National Secretary -IBJA and dignitaries from the GJ industry.
Guest of Honour Dr Chetan Kumar Mehta, President – Jewellery Division – IBJA, President – JAB speaking at the GGJS 2024 Inauguration said, “GGJS is one of the premium jewellery shows.It is much awaited by the trade and industry. GGJS is a silent and vibrant show, that has created a great impact for the last 14 years. I applaud GGJS and GOWJA for the dedication in making this show a success.”
Paresh Jhurmarvala, Director – GGJS,speaking at the GGJS 2024 Inauguration said “ The positive impact of GGJS can be gauged by how exhibitors who started with single stall are now exhibiting across multiple stalls Also, they have seen their business grow manifold.Initially GGJS saw small retailers visiting the show.Today all major corporate retail chains are at GGJS.The show has grown from a Gujarat market show to a truly national jewellery show.”
GGJS 2024 featured a wide array of segments including antique jewellery, plain gold jewellery, diamond jewellery,CZ casting jewellery, silver jewellery.The show also featured a machinery and allied section.GGJS saw brisk business across segments especially Kundan, bridal gold and lightweight.GGJS 2024 saw a healthy trade visitor turnout. Besides visitors from all over Gujarat and neighbouring states of Maharashtra, MP and Rajasthan, retailers from South India and Delhi were in attendance.Some exhibitors were of the opinion that there should have been more footfalls from Mumbai, Delhi and Rajasthan markets.
The added value at GGJS was provided by power packed panel discussions featuring the new generation of jewellers. New Generation joining the Jewellery Business and State of the Gold Jewellery Industry provided deep insights and learnings . The other highlight was Coffee with Dr Chetan Kumar Mehta in conversation with an icon, Ba Ramesh – Joint Managing Director of Thangamayil Jewellery.
GGJS is a pivotal event for the jewellery industry, especially in Gujarat, known for its rich heritage and craftsmanship. Its importance is multifaceted, benefiting artisans, businesses, and the industry at large. While GGJS features manufacturers from various regions, it underscores Gujarat’s unique contribution to the world of jewellery.
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Coffee with Dr Chetan Kumar Mehta in conversation with Ba. Ramesh
Dr Chetan Kumar Mehta, CMD Laxmi Diamonds Bengaluru delved deep into the heart and mind of Ba Ramesh, Jt MD- Thangamayil Jewellery.And what we got was pure gold- the wisdom of Ba Ramesh who has seen the rollercoaster ride of life was a great learning, and an inspiration to all
Some of the gems that Ba Ramesh shared:
· A laser focus on work and business. Every breath and every heartbeat is directed towards work.
· Business is enjoyment – it is not work, it is not a task.It is a way of life.
· Develop the inner strength to handle bad times and let not fate defeat you.From 1980 to 1990, I moved from a lakhpati to crorepati to having net value of zero.And then established Thangamayil Jewellery, which will see a turnover of nearly Rs 4800 cr this year.
· Study the jewellery industry and understand its
· finer points, invest in technology, R&D, human resources, build your teams.These investments are critical for one’s growth.
· Look beyond just profit. Understand the concept of valuation.Work towards taking one’s company public and become a wealth creator.
· Do business ethically, respecting the laws of the country.Beyond business, be of service to humanity.
Riacetech Srl is a dynamic and technologically advanced company. It focuses its core business on the creation of innovative wax injectors, fully controllable and programmable. It provides all the companies in the casting industry with a wide range of totally automatic and certified machines, all with different functionalities and configurations, that are suitable for Industry 4.0 and meet all the needs of the jewellery and fashion accessories world. It also provides a wide variety of consumable products.
The RiaceWax AUTOMATIC BELT SYSTEM INTUITIVE injector belongs to the Intuitive line and retains all its features; it can inject up to 20 molds of different sizes at the same time by loading them automatically and speeding up the entire production process thanks to the self-centering function on the molds of different sizes; it can create light and very thin objects, maintaining their weight over time.
Fully controllable from a 10.1” industrial PC, it can double the standard daily production, realising up to 4800 pieces in 8 hours, injecting moulds of very different sizes with the help of only one operator and reducing the number of defective waxes.
An Android tablet is the control unit of both the machine and the loading system, with specially developed apps that also allow checking statistics and productivity. Thanks to the ability to connect remotely, it is compatible with Industry 4.0.
It is equipped with a transparent melting tank with a constant vacuum system, digital sensors to control the pressures that always allow for checking the graphs of the vacuum trend on the molds during injection from the tablets, an RFID reader, a TC-700 cooler, a 16-cmc injection syringe with final temperature regulation and a self-centring clamp with 120x90mm plates.
This machine is designed to accommodate a versatile range of mould sizes, supporting dimensions from a minimum of 50 x 30 x 12 mm up to a maximum of 120 x 90 x 47 mm. The unit itself weighs 75 kg with a physical footprint of 130 x 72 x 53 cm.
Alessio Farnetani, Sales Manager-RiaceWax, underscoring the USP, said, “This machine works without any downtime and reduces errors. There has been a good response from Indian jewellery manufacturers because this system speeds up production, maintains quality and ensures weight consistency, which is critical given rising prices of gold.”
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