6th Indian Fashion Jewellery & Accessories Show to begin at India Expo Mart Greater Noida
India Expo Mart 6th Indian Fashion Jewellery & Accessories Show ONLINE BY PARICHOWK.COM
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6th INDIAN FASHION JEWELLERY & ACCESSORIES SHOW 2013 OPENS
INDIAN FASHION JEWELLERY & ACCESSORIES SHOW 2013 by EPCH INAUGURATION AT INDIA EXPO MART
July 12, 2013 – Union Minister of Textiles Dr. Kavuru Sambasiva Rao declared open the 6th edition of the Indian Fashion Jewellery and Accessories Show (IFJAS 2013), being organized by the Export Promotion Council for Handicrafts (EPCH), at the ultramodern India Expo Centre and Mart at a colourful ceremony here today.
While inaugurating the IFJAS 2013, the Minister said that Indian exporters have shown good performance in increasing the exports of fashion jewellery and accessories, yet they need to do more hard work in improving their competence to face the competition from countries like China, Thailand, Korea and Hong Kong who mass produce jewellery with precision and finish.
Dr. Rao said that the exporters have promised to take the export of handicraft from USD 3.34 bn to USD 5 bn this year itself. “But my ambition is much more. If the government simplifies various procedures and take the decisions quickly without any red-tapism, and give some financial help to those artisans, providing them basic requirements, a shelter to live, provide food grains at affordable prices, some facilities to their children, and regular training, there is no limit for the growth of the cottage industry.”
He said “India has capacity to cater to all segments of the market viz. high, middle and low end. India also has capacity of presenting variety of raw material bases, designs and prices to suit every dress and styles. In fact, buyers now prefer to alternate fashion jewellery and accessories rather than alternating their costumes which are expensive. It is, therefore, popularly known as Costume Jewellery.”
Dr. Rao further said that “the problem perhaps lies in precision, finish and presentation. We, therefore, need to match our capabilities with our competitors in China, Thailand, Indonesia, Korea, Hong Kong, Italy, Greece etc.”
He urged the exporting community to innovate and improve their techniques and technology of manufacturing and they also need to improve their designs and presentation of products. “We have to learn from our competitors various aspects of designs, manufacturing, finishing and presentation.”
He also said that range of products available from India are versatile as India now offers jewellery made not only from various types of metals but also from other raw material bases like bones, wood, beads, threads, stones, leather, horns, natural fibers and plastic etc.
Dr. K.S. Rao also released a trend book on Indian Fashion Jewellery and Accessories Spring Summer and Autumn Winter collection.
The Minister lauded the role of EPCH in doing a good job of boosting different product segments which have shown potential for exports through the medium of specialized shows amongst buying community.
The Textiles Ministry has extended full support to EPCH and to the Development Commissioner (Handicrafts) for expanding market base for fashion jewellery and accessories, the Minister added.
EPCH has prepared an ambitious plan for penetrating into the markets of Latin America and Carribean countries and Minister of Textiles has assured the Govt. support to the programme.
Over 205 exporters are displaying a wide range at this show which is vast and covers fashion jewellery/costume jewellery, semi precious jewellery, fashion accessories like shawls, scarves, stoles, hand bags, purses, wallet, belts, embroidered, beaded & sequined accessories etc. The designs on display are rich, traditional, modern and contemporary to suit all sections of society and markets.
The three day B2B event focusing only export market will wtiness fashion preview on jewellery & accessories, seminars on European Fashion Jewellery and Accessories Market Opportunity for India Exporters and Hedging Foreign Exchange Tool.
The theme of fair is “Fair Trade” which is focussing on social and environmental compliance by industry.
Earlier, in his welcome address, Mr. Lekhraj Maheshwari, Chairman of EPCH said that the Council had conceived a unique strategy to organize product specific fairs so as to cater to the product specific requirements of the importing nations. Fashion jewellery and accessories, being a potential product group in exports, was one of the steps for organizing fairs under this strategy besides furniture, home furnishing and houseware etc. It has been five years now that this fair was initiated.
Exports of fashion jewellery and accessories during the last three years has risen 46%, 60% and 76% respectively. This is a clear indicator of the contribution made by this fair, he added.
EPCH Chairman further informed that “One of the important feature of the show is that the entire event is being live web telecasted at parichowk .com and a theme on fair trade products of India.”
An analysis of quality buyers from different countries last year had indicated that 46% were retailers, 25% were wholesalers and importers, 14% were buying agents and buying houses, 11% were design forecasters and 4% were merchandisers. This profile is quite impressive and leads us to think that “we are on the correct path,” Mr. Maheshwari mentioned.
The IFJAS 2013 has around 205 exhibitors and product range on display are Hi fashion jewellery, semi precious jewllery, stoles, scarves, shawls, hand bags, clutch purses, belts, wallets, neck ties, beads, stones, crystals, head, hair accessories, fancy fashion footwear, tattoes and bindies
Ms. Zohra Chatterji, Secretary Textiles and Mr. S.S. Gupta, Development Commissioner (Handicrafts) also graced the occasion with their presence.
The exports of Fashion Jewellery & Accessories is a part of Indian Handicrafts and has shown a significant growth in the recent years. The exports of fashion jewellery and accessories has touched Rs 2007.15 crore in the year 2012-13 against Rs 1237.69 crore in the year 2011-12.
The EPCH is a nodal agency for promotion of handicrafts from India and project India’s image abroad as a reliable supplier of high quality handicrafts.
Textiles Minister Dr. Kavuru Sambasiva Rao will declare open the three-day 6th edition of Indian Fashion Jewellery & Accessories Show (IFJAS-2013) at a colourful ceremony at the ultramodern world class venue of India Expo Centre & Mart
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Union Textiles Minister Dr. Kavuru Sambasiva Rao will declare open the three-day 6th edition of Indian Fashion Jewellery & Accessories Show (IFJAS-2013) at a colourful ceremony at the ultramodern world class venue of India Expo Centre & Mart here tomorrow.
Ms. Zohra Chatterji, Secretary, Ministry of Textiles alongwith Development Commissioner (Handicrafts) Mr. S.S. Gupta will also grace the occasion.
A Specialized B2B show will be held in the state-of-the-art complex housing 900 permanent marts displaying the latest in Indian Handicrafts & Gifts and will be open only for overseas trade visitors for better international reach and gain market exposure.
Special focus this year will be setting up of Theme Pavilion by Fair Trade Forum. Members of Fair Trade Forum shall be displaying high class fashion jewellery and accessories products produced on International standards and ethics such as no child labour and environmental concerns.
Seminars on “European Fashion Jewellery and Accessories Market – Opportunity for Indian Exporters” and “Hedging Foreign Exchange Tool” shall be organized on 13th July, 2013.
A Fashion Show on exclusive and latest items of fashion jewellery and accessories shall also be organized on 12th and 13th July, 2013.
At IFJAS, the buyers will have the opportunity to discover the finest in Indian craftsmanship and artistic finish in perfect harmony with modern designs, contemporary colours and new product development under one roof. Around 200 Indian companies from across India would be displaying their range of products.
Mainly focusing on fashion products like fashion & costume jewellery, imitation jewellery, fashion accessories & head to toe adornments, IFJAS 2013 will also showcase the widest range of materials, products and designs in five categories comprising of fashion jewellery, semi precious jewellery, fashion accessories, hand bags and fancy & embroidered fashion shoes.
Describing it an important part of India’s export basket, Mr. Lekhraj Maheshwari, Chairman of EPCH, stated that “the Council has been organizing IFJAS on an annual basis and the export fortunes of this segment have got a significant boost. The year on year growth of fashion jewellery alone over the last three years has been a noticeable factor. USA is the largest importer while UK continues to be second largest buyer. This sector has tremendous potential to expand further.”
The leading importing Nations for jewellery in the world are USA, Germany, UK, France, Japan, Switzerland, Netherlands, Canada, Belgium, Hong Kong, Australia, Italy and Latin American countries and India is already exporting to these markets, the Chairman added.
Terming the event as a dedicated distinct platform, Mr. Rakesh Kumar, Executive Director, EPCH said that “IFJAS provides international buyers with an apt window to source their requirements and help them in establishing an enduring profitable business relationship with Indian exporters. Organizing IFJAS is part of the Council’s drive to promote and expand horizons of key verticals of the handicrafts sector.”
The upcoming show will give a distinct platform to those specializing in the wide range of fashion products. In a mixed basket fair like IHGF, fashion jewellery & accessories is one of the important categories. A focused show for this sector, IFJAS would give exhibitors a unique opportunity to display capabilities and fully exploit their business potential, said Mr. Kumar.
The exports of fashion jewellery and accessories from India went up from Rs, 1237.69 crore in 2011-12 to Rs 2007.15 crore in 2012-13, added Mr. Kumar.
The EPCH is a nodal agency for promotion and export of handicrafts from India and projects India’s image abroad as a reliable supplier of high quality handicrafts.