Jewellery Fair: Good news for jewellery lovers, more than 1.5 lakh designs of gold-diamond jewellery will be available here in Delhi
Jewellery Fair in Delhi: You can guess how much the demand for designer jewellery is increasing these days from the fact that more than 650 exhibitors and more than 700 brands will participate in the fair.
Gold Demand Hike: The price of gold is at an all-time high of over Rs 75,000. But the passion of its fans is not taking the name of decreasing. If you are also a lover of jewelry, then 'Jewellery and Gem Fair 2024' is going to be organized in Delhi. In this fair to be organized at Pragati Maidan in Delhi, modern jewelry along with traditional will be displayed. Along with seeing the unique designs of jewelry, you will also be able to buy it here. The latest trends of gold and diamond will be shown in this fair which will run from 29 September to 1 October.
Gold demand rises to 149.7 tonnes
In the second quarter of 2024, the demand for gold in the country increased to 149.7 tonnes. Due to the upcoming festive season, it may increase by another 18%. The stocks of companies related to the jewellery business are also rising day by day in the stock market. You can guess how much the demand for designer jewellery is increasing these days from the fact that more than 650 exhibitors and more than 700 brands will participate in the fair. During this, more than one and a half lakh designs will be displayed.
Demand increases during the festive season
. Every year the demand for gold and silver increases during the festive season. You can make the festive celebration special by buying your favourite jewellery in the jewellery fair organised before this season. The organisers of the fair said that this will be a great opportunity not only for jewellery lovers but also for the businessmen associated with it. The gathering of the giants associated with the jewellery industry in the fair will create new opportunities for the businessmen. The special attraction of the fair will be the 'Silver Show', in which jewellery made of silver will be displayed.
New direction to the industry
Informa Markets India MD Yogesh Mudras says that the government has provided relief to the common man by reducing the import fee in the budget. The jewellery industry has also benefited a lot from the reduction in import duty. As a result, there has been a 22-25% increase in the demand for jewellery. During this, a special programme called 'Shakti' will be organised. In this, those women will be honoured who have made a special place in the jewellery industry on the basis of hard work.