20 October 2010

The Great Mumbai Jewellery Festival

Adora presents "The Great Mumbai Jewellery Festival"
Buy 1 and Get 1 Free offer on diamond jewellery this Diwali
India’s most awaited and biggest celebration and season of the year - Diwali is here! It is that time of the year when every individual gears up for a new look in time to welcome a brand new season and festival. Adora a leading brand name in the diamond jewellery industry introduces a special month long Diwali offer named The Great Mumbai Jewellery Festival starting 8th Oct 2010 (first day of Navratra) to 7th Nov 2010 (Bhai Dooj).
The offer is an exclusive “Buy 1 and get 1 free” wherein the customer gets 50% value free of their first purchase. The unique Adora – The Great Mumbai Jewellery Festival is valid for all diamond jewellery of any and every value available.
“Adora Diamond Jewellery is a one of its kind brand as it offers its customers diamond jewellery that caters to all occasions. With Adora - The Great Mumbai Jewellery Festival, we will not just add glam and glitter to our customers Diwali experience but also make it one of the most memorable jewellery offers ever known.
The jewellery assortment for The Great Mumbai Jewellery Festival starts at an astonishing price of Rs. 2400/- onwards for diamond jewellery and Rs. 500/- onwards for plain gold jewellery” said Sameer Gosar, Director, Adora Diamond Jewellery.
Adora is known for their unparalleled range and craftsmanship in diamond jewellery, be it rings, pendants, earrings or bangles. With every product purchased, Adora also provides clarity and grading parameters mentioned on certificates of authenticity from DGLA - Diamond & Gem Laboratories of America. Apart from this Adora also provides BIS Hallmarked Jewellery.
These parameters are of International standard based on 4 C’s concept Cut, Clarity, Colour and Carat. So this Diwali make the best of The Great Mumbai Jewellery Festival and gift yourself and your loved ones with the most scintillating jewellery from Adora Diamond Jewellery.
Adora is a 7 year old leading diamond brand that has aggressive expansion plans where it will be opening its exclusive showrooms across Maharashtra and India. sourceindiainfoline.com/Markets/News/

12 October 2010

AISHWARIYA RAI IN JODHA AKBAR

Aishwariya Rai was shown extensively wearing Kundan jewellery made by Tata Group's Tanishq brand, highlighting its lasting influence in royal Rajasthani jewellery .
In the picture Aishwarya Rai Bachchan is seen wearing a classic ten piece royal jewellery,
comprising
a nose ring,
a pair of ear rings,
a necklace,
a pair of armlets,
a waist band,
finger rings, etc.
The whole set is likely to cost you a little over Rs.12 lakhs for the elaborate necklace alone costs about Rs. 5 lakhs. And this piece has already found takers without ant changes in its actual design, despite its age old look of royalty!
SOURCE : http://www.hindu.com/rp/2008/06/20/stories/2008062050130400.htm

Times Gehena -An event for jewellery buyers

Times Gehena, is exibition for retail jewellers in the city and other branded jewellers for all interested in jewellery for wedding and ocation..

JEWELLERY BRANDS IN INDIA

"The jewellery market in India is around Rs.1,00,000 crore of which branded retailers make up for only 3-4 per cent. The company expects this venture to be huge success in the near future," he added.

ONE of this jewellery brand is Gld Amarna by Chisel & Hammer opened recent retail outlet in Kolkata
some major players in jewellery brands are
Renaissance Jewellery Ltd

Rajesh Exports
Gitanjali Gems Ltd
Orra

Orra, one of the finest diamond jewellery retail chains in the country, plans to add 7 to 8 exclusive retail stores every year from next fiscal. Orra is a part of world's largest diamond manufacturing company Rosyblue, which has a turnover of $ 1.8 billion.

11 October 2010

INDIAN MODELS with gold ornaments







INDIAN WEDDING - world's biggest jewellery market

Every Indian wedding adds to demand in world's biggest jewellery market .India accounted for a quarter of all the gold used in jewellery in 2009, thanks mainly to weddings and religious ceremonies
From the jewel-encrusted tikka adorning the bride's forehead, to her chandelier-like earrings, ornate nose ring and the bangles on her arms, to the rings on her hennaed fingers and toes, a traditional Indian wedding involves some serious "bling".

Looking like a princess for the day is big business in India, primarily because of the vast amounts of jewellery bought by party-goers.

Indeed, commodity analysts have blamed spikes in the price of gold during September on preparations for the six-month marriage season, which starts in October.

In 2009, India accounted for a quarter of all gold used in jewellery products and it is the world's biggest jewellery market, ahead of China, the US or the Middle East.

Gold has also been a standard medium of exchange for Indian people over the centuries and almost the only means of saving in rural areas, which still account for 70% of the population.

Indian bullion trader Metier Capital Management says gold has huge religious significance in the subcontinent, which also contributes to demand.

In Hindu mythology, gold is the essence from which the universe was created, and Manu, the ancient lawgiver, decreed that golden ornaments should be worn for specific ceremonies and occasions. As a result throughout Indian society it has become a symbol of purity, prosperity and good fortune.

The Hindu calendar even includes auspicious days on which to buy gold during these festivals, and other periods that counsel against it.

Custom demands that gold be bought for special occasions such as weddings, births and birthdays, as well as for religious festivals, particularly for Diwali, which is celebrated by Jains and Sikhs as well as Hindus.

This six-day "festival of light" normally falls in the fourth quarter of the year, and core parts of the celebrations are honouring wealth and prosperity, and performing acts of generosity by giving away wealth – mainly in the form of gold.

But the biggest demand for gold comes from the deeply ingrained custom of giving gold at weddings. Soon after children are born, families start saving either for the stridhan, the gifts given to the bride which become her exclusive property, to act as insurance against hard times, or the dowry that is given to the family of the groom.

It is estimated that gold and jewellery make up to 50% of total Indian marriage expenses.

India's influence over the gold bullion market is well established, according to Natalie Dempster, the head of investment research at the World Gold Council. She said jewellery accounts for nearly 70% of all demand for gold and that India buys 25% of global jewellery output.

"Indian demand is certain to increase as household incomes go up and people will buy more gold as wealth spreads more evenly around the country," said Dempster.

(SOURCE: http://www.guardian.co.uk/ )

(photo :Indian bride wearing traditional gold jewellery on her hands. Photograph: Raminder Pal Singh/EPA)

07 October 2010

India Sees Spike in Sales of High-End Diamond Jewelry

India's high-end jewelry market is seeing sales climb, the Economic Times reports. While the general demand for jewelry is growing at some 20%, there is a 50% rise in the demand for diamond jewelry worth over $11,000.

Gitanjali Gems, listed as one of the top five retail jewelry chains in India, has seen a 15% rise in its share of high-end jewelry. "Diamond jewelry is increasingly looked upon for investment," says Gitanjali Gems Chairman Mehul Choksi.

Choksi pointed out that 60% of the sales of expensive diamond jewelry were made ahead of marriages, with a diamond set becoming the "norm" for upper-middle-class Indian families.

Su-Raj Diamonds' retail arm, Forever Jewelry, reported that high-end jewelry comprised 40% of its turnover, with that sector seeing 50% growth. According to Managing Director Jai Gegani, customers spending over $11,000 on diamond jewelry are seeking exclusive design, and the company is planning to offer custom-design services in its stores.

Sources in the jewelry and diamond industry attribute the rising demand for high-end jewelry to a strong economy, a flourishing agriculture sector, and record gold prices.

India's Gem & Jewellery Export Promotion Council (GJEPC) notes that while there is definite growth in the demand for diamond jewelry, the "real growth" is in the mid-range: $1,000 to $5,000.

"These days, our youth travel around the world where they see the craze for diamond jewelry," says council official Sanjay Kothari, explaining that the exposure was helping broaden India's local customer base, prompting even "small-town jewelers" to stock diamond jewelry.
source : http://www.israelidiamond.co.il/english/index.aspx

450 jewellers take part at Middle east expo

450 jewellers take part at Middle east expo

More than 450 jewellers and retailers from across the world, including India, showcased their designs at the Middle East watch and jewellery exhibition in Sharjah.

The 29th edition of the annual expo witnessed over 57,000 visitors and buyers.

Exhibitors saw a significant rise in demand for gold and diamond jewellery by residents and visitors seeking investment options. Majority of the exhibitors booked their participation in advance for the next expo to be held from April 5 to 9, 2011.

'The increase in visitor numbers along with the reported higher quality of buyers has confirmed what we were saying in the run up to the show, that there is a still a strong move by investors at all levels to move towards hard assets' such as Gold and Diamonds,' said Saif Al Midfa, Director General of Expo Centre Sharjah.

Apart from India and the middle east, exhibitors also came from the US, China, Japan, Armenia, Italy, Lebanon, Myanmar, Singapore, Thailand, Turkey and Malaysia.

--IANS/WAM


source: http://sify.com/finance/

24 September 2010

Jewellery export jumps by 49% in Q2

Despite the rising prices of precious metals, there is no stopping for gold jewellery industry in India. The gold Jewellery export from the nation grew by 49 percent in the second quarter this fiscal.

Export of gold jewellery from India, the largest consumer of the yellow metal in the world, is showing steady jump in each quarter.
According to the provisional statistics pertaining to the exports of gems and jewellery for the period of August 2010 as compared to the same period last year, the overall exports of gems and jewellery at US$ 3,155.14 million (Rs 14,693.49 crores) is showing a growth of 67.44% (61.31% in rupees term) as compared to US$ 1,884.30 million (Rs 9,108.72 crores) of same period previous year.


The overall export of cut and polished diamonds at US$ 2,301.77 million (Rs 10,719.32 crores) in the month of August 2010 is showing a growth of 65.24% (59.19% in rupees term) as compared to US$ 1,392.99 million (Rs 6,733.70 crores) for the same period of previous year.
The provisional export of gold jewellery for the period August 2010 at US$ 527.04 million (rupees 2,454.44 crores) shows a growth of 49.61 percent (44.13 percent rupees term) over the comparative figure of US$ 352.27 million (rupees 1,702.89 crores) for August 2009.

The export of coloured gemstones at US$ 28.66 million (in rupees 133.48 crores) shows a growth of 14.05 percent (9.89 percent in rupees term) during August 2010 as compared to US$ 25.13 million (rupees 121.47 crores) in August 2009.

Meanwhile in domestic market, figures from the World Gold Council (WGC) show gold jewellery demand in India grew 67 percent at 272.5 tonnes in the first half of 2010 and in value terms almost doubled to Rs. 45,700 crore. In all likelihood, the current price levels will test the consumers' seemingly boundless appetite for gold.

(SOURCE:
SME Times News Bureau | 22 Sep, 2010)

11 September 2010

GUJARAT INTERNATION JEWELLERY SHOW 2010

M.I.JEWELLERS AHMEDABAD,

Maheshbhai I. Soni invites all retail jewellers to visit his stall in jewel 2010 ,
at RAJPATH CLUB, ahmedabad, on 17,18 &19 september 2010.
He wants to display a vast new collection in cz jewelllery like pentants , hollow chain, hathphul poncha, lightweight sets. dokiya, new design in mangalsutra, lucky, antique sets,pendent sets, bangles kada, and many more varieties in 916 hallmarkd gold jewellery specially created for this exhibition
"GUJARAT INTERNATION JEWELLERY SHOW 2010"
(You can register your entry , call phone numbers +919428020602 , +917926402573).



Maheshbhai I. Soni

+919327022250 (MOB- Maheshbhai) , +918141202299 (mob -Sanjaybhai)

Email : misonijewllers@in.com

314,ISKON ARCADE, C.G.ROAD, NEAR LAL BUNGLOW,NAVRANGPURA,

PHONE: +917930222250 AHMEDABAD-380013.



09 September 2010