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Hyderabad Jewellery, Pearl & Gem Fair 2023 inaugurated by Jayesh Ranjan, IAS
Hyderabad Jewellery, Pearl & Gem Fair (HJF) in association with Hitech City Jewellery Manufactures Association (HJMA) and supported by India Bullion and Jewellers Association Ltd. (IBJA) was formally inaugurated by the chief guest, Jayesh Ranjan, IAS, Principal Secretary – Telangana State Govt. HJF is being held at the HCC Novotel, Hyderabad.
Dignitaries present at the inauguration were Jagdish Pershad Varma, President – Telangana Bullion, Gem & Jewellery Federation, Nugroho Priyo Pratomo, Director – Indonesian Trade Promotion Center (ITPC), Mukesh Agarwal, Convener – HJMA, Yogesh Mudras, Managing Director – Informa Markets India, Sumesh Wadhera, Director – AOJ, Dr Chetan Kumar Mehta, National Vice President – IBJA, Rajendra Jain, Managing Director -SVAR Group, Pallavi Mehra, Group Director – Informa Markets India, Pankaj Shende, Sr. Portfolio Director – Informa Markets India.
In its fifteen years, this three-day power packed exhibition offers unrivalled features such as 200+ exhibitors over 5000 sq.mt of business space, the biggest display of diamond & gold jewellery, biggest machinery & allied sectors.
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TRENDS @ SSI DELHI 3RD EDITION
Tradition and innovation aren’t mutually exclusive — they’re partners
Marketplace balancing heritage storytelling with the practical demands of a market hungry for lightweight, high-quality pieces.
The silver jewellery and articles industry continues to prove that tradition and innovation aren’t mutually exclusive — they’re partners. At SSI Delhi 3rd Edition
it pushes brands to reach new heights in design and craftsmanship, this season’s showcase revealed a marketplace balancing heritage storytelling with the practical demands of a market hungry for lightweight, high-quality pieces.
Shift to Lightweight
High gold prices are driving strong demand for lightweight silver pieces that retain a substantial, premium look without heavy grammage.
Optimistic Retail Sentiment
Retailers are actively acquiring inventory across both heritage temple designs and modern fashion-forward categories in anticipation of positive market momentum.
Hybrid Craftsmanship & Surface Finishes
Brands are blending classical techniques (Kundan, Nakash, Meenakari) with contemporary plating finishes like Black Rhodium and Rose Gold.
Diversification Beyond Jewelry
High-art silverware, sacred sculptures, novelty keepsakes, and men’s/teen wear are creating new, high-margin retail categories.
Threading through every collection was a clear market signal: demand for high-quality, lightweight jewelry is surging, driven largely by rising precious metal prices pushing consumers and retailers alike toward silver as a smart, elegant alternative.
Retailers on the floor were notably willing to pay a premium for innovation and quality — a sign that the market is rewarding craftsmanship rather than just chasing volume.
The mood among buyers was cautiously optimistic. There’s real hope that this season’s positive sentiment isn’t a one-off spike but the start of sustained momentum that carries on till the festive season and beyond.
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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.