OurBuzz
IIJS a Premiere 2023 could see upto 50,000 visitors in attendance
The response to IIJS Premiere has been nothing short of phenomenal. In the first phase alone, over 30,000 visitors and 15,000 companies have registered, surpassing expectations. This tremendous response demonstrates the industry’s support for the dual venue arrangement and highlights the growing significance of IIJS Premiere.This number may go up to 50,000 visitors and 25,000 companies as we approach the date.”
While the majority of visitors are from the local market, IIJS serves as a vital sourcing platform for jewellers catering to Non-Resident Indians (NRIs) worldwide. The show attracts a significant number of NRI jewellers, ensuring its international stature.
Last year, the show generated business worth ₹50,000 crore, and with the current trend of increased visitor footfalls, a 30% to 40% growth in business is anticipated. Stable gold prices, robust economic growth in India and surrounding regions, and positive market conditions add to the optimism.
Source: GJEPC
DiamondBuzz
Qatar Diamond Exchange Partners With London Diamond Bourse To Expand Global Reach and Industry Collaboration
MoU Aimed At Fostering Deeper Commercial Ties, Expanding International Trade Opportunities, and Reinforcing Global Industry Standards. The Partnership Is Expected To Drive Economic Growth For Both Bourses While Enhancing Transparency and Trade Efficiency Across The Global Supply Chain.
The Qatar Diamond Exchange (QDE) and the London Diamond Bourse (LDB) have officially signed a Memorandum of Understanding (MoU) aimed at fostering deeper commercial ties, expanding international trade opportunities, and reinforcing global industry standards.
The strategic agreement was signed in London by QDE Director Ghanim Al-Saadi and LDB President Charlotte Rose. The partnership establishes a formal framework to enhance cooperation between the two institutions through reciprocal market visits, joint participation in trade events, and shared access to tenders and auctions.
This agreement marks the latest milestone in QDE’s strategic initiative to connect regional markets with major international trading hubs. In recent months, QDE has expanded its global network by establishing partnerships with prominent bourses in Tokyo, Singapore, Shanghai, and Italy.
Under the terms of the MoU, both bourses will collaborate to strengthen the natural-diamond and colored-gemstone sectors. A central pillar of the alliance is a shared commitment to upholding strict ethical and compliance standards, including guidelines set by the Responsible Jewellery Council (RJC) and the World Diamond Council’s (WDC) System of Warranties.
The partnership is expected to drive economic growth for both bourses while enhancing transparency and trade efficiency across the global supply chain.
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