JB Insights

HIJS 2024 exceeds expectations: booming visitor traffic and flourishing business deals

Published

2 years ago

July 31, 2024

South India’s Largest B2B Jewellery Exhibition attracts record breaking trade visitors; exhibitors elated with the volume of business done

The Hyderabad International Jewellery Show (HIJS) 2024, South India’s premier B2B jewellery exhibition, was a resounding success. Held at the GMR Arena near Hyderabad Airport from June 21-23, 2024, the event received high praise from exhibitors, visitors, and trade bodies alike. The exhibition concluded on a high note, with booths bustling with activity until the final moments on the last day.

The show was inaugurated in the presence of as Dr B. Govindan, State President, AKGSMA; Jayantilal Challani, President, MJDTA; Kailash Charan, President, Twin Cities Jewellers Association; Jagdish Prasad Verma, President, Telangana Bullion Gems & Jewellers Federation; Paul Alukka and John Alukka, Managing Directors, Jos Alukkas; Parasmal Ranka, President, Telangana Pawn Broker Jewellers Association; Shantilal Jain, Chief Organiser, A.P. Bullion Gold, Silver and Diamond Merchant’s Association; Yogesh Kothari, President, IBJA – Tamil Nadu; Mohanlal Jain, COA, GJC; Adv. S. Abdul Nazar, Treasurer, AKGSMA & Director, GJC; V K Manoj, Project Director- United Exhibitions and other dignitaries of the GJ industry.

V K Manoj, Project Director of United Exhibitions, the organizer of HIJS 2024, remarked, “The overwhelming response to HIJS 2024 surpassed our expectations. Exhibitors were highly satisfied, particularly with the strict implementation of business-only entry norms and the quality of facilities provided. The success of HIJS 2024 and the industry support we received have been immensely encouraging.”

Broad-based Support

HIJS 2024 was enthusiastically received by all stakeholders. Dr. B Govindan, Chairman, Bhima Jewellery, South Zone Chairman, GJC and also the chief guest, lauded the event and reaffirmed the industry’s support to the serious trade shows like HIJS

A vigorous promotional campaign, including roadshows and door-to-door drives in key jewellery hubs, significantly boosted awareness, backed by local trade associations. Leading personalities from major associations across southern states graced the opening day, highlighting the event’s significance.

Significant Pan-India Participation

HIJS 2024 provided a platform that brought together leading manufacturers from across the country to cater the needs of jewellery retailers from both the South and other key regions. The diverse visitor profile from various states led some participants to compare the show favourably with other national exhibitions.

The show featured 250+ exhibitors in around 600 booths spread over 1,25,000 sq ft of exhibition space. An estimated 25,00,000 jewellery designs were showcased, offering a vast array of choices across gold, diamond, and silver jewellery, as well as loose gemstones. Additionally, the latest technology and software solutions for the jewellery industry were on display.

High Footfalls, Brisk Business

Exhibitors expressed extreme satisfaction with the steady flow of trade visitors over the three days. Many noted the significant number of footfalls, even on the last day, comparable to the opening day. Large groups of buyers from Telangana, Andhra Pradesh, and South India attended, alongside a significant number of trade visitors from various parts of India.

Concurrent Events

The significance of HIJS 2024 as a business networking event was highlighted by various key concurrent events which included:

Coffee with Dr Chetan Kumar Mehta, in conversation with Mr Varghese Alukkas, Managing Director, Jos Alukkas Jewellers.
Panel Discussion on Lab Grown Diamond Market
Kohinoor Jewellery Awards

United Exhibitions confirmed that nearly all exhibitors have already signed up for HIJS Diwali Edition 2024, scheduled to be held from 18^th to 20^th October 2024 at HITEX Exhibition Centre, Madhapur, Hyderabad.

Related Topics:2024 exhibitions hijs ourbuzz showbuzz united exhibitions

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JB Insights

Sovereign Bond Yields and The Strategic Pivot To Gold

When Government Bond Yields Rise Alongside A High Debt-To-GDP Ratio, Debt Servicing Costs Consume A Larger Share Of The Country’s Revenue. This Forces Central Banks To Adjust Their Reserve Assets Toward Zero-Risk Alternatives Like Gold.

Published

6 minutes ago

November 2, 2026

JewelBuzz Spread The Buzz

Global finance is currently facing a big problem: government borrowing costs are rising sharply around the world, making it much harder for countries to manage their debt.

Here is what is happening and why it matters:

1. Rising Borrowing Costs: G7 vs. India

Between February and September 2026, government bond yields (the interest rate governments pay to borrow money) rose across major economies. However, some countries handled it better than others:

G7 Nations (Rich Economies): The average 10-year yield surged by over 1.1 percentage points as investors demanded higher interest to hold government debt.
India: India’s 10-year government bond yield rose by only 0.4 percentage points over the same period, showing much better stability due to strong domestic demand and steady central bank policy.

2. Historic Debt Levels

Global public debt is projected to pass 100% of global GDP by 2030. The world has not seen public debt this high since the end of World War II in 1945.

Higher Interest Expenses: Countries must now spend a larger portion of their tax revenue just to pay interest on past loans, leaving less money for public services, infrastructure, and business investments.
Refinancing Risk: Millions of dollars in old, low-interest bonds are maturing. Governments are forced to replace them with new bonds at much higher interest rates.

3. Why Central Banks Are Buying Gold

Because of these debt risks, foreign central banks are changing how they hold their emergency reserve funds:

US Treasuries Are Losing Appeal: Big government deficits mean the US is issuing massive amounts of new bonds. This oversupply, combined with high inflation and market swings, makes US debt feel less safe to foreign investors.
The Pivot to Gold: Central banks are diversifying away from US dollars and buying record amounts of physical gold (over 1,000 metric tons per year). Gold carries zero default risk, cannot be frozen by foreign governments, and holds its value during fiscal crises.