Mumbai, July 28, 2017 (GPN) : The 7th National Jewellery Awards 2017 organized by All India Gems and Jewellery Trade Federation (GJF) concluded with a glittering celebrity studded night. Shri Manoj Dwivedi – Joint Secretary, Ministry of Commerce, Government of India, was the chief guest at the event. The award function showcased and recognize the talent and craftsmanship in the gems and jewellery industry.
Known for its stand for craft, devotion and motivation for the industry, NJA under the auspices of GJF is considered to beIndustry’s biggest and widest award show that recognizes all sector of the industryand offers a platform where true talent of the industry are appreciated and encourage to stimulate growth and creativity in the industry.
Mr. Anantha Padmanaban, Director – GJF and NJA Committee Convener, said, “This year NJA received encouraging responses from leading jewellers and we are thankful to them. NJA enhances the knowledge of individuals with the latest trends and fashion of the industry, thus helping to encourage one’s competence in terms of designs and trends of the industry”.
Mr. Nitin Khandelwal, Chairman, GJF, said, “The trust, faith and belief that GJF has earned from its members, industry and Government has undoubtedly contributed for the growth of this apex federation in the Gems and Jewellery Sector. NJA opens up an untapped business opportunity for participants in the industry and motivates the crafting inspiration, passion, devotion, enthusiasm and innovative spirit of the jewellers in the industry”
The National Jewellery Awards for 2017 comprises of Total 25 Award categories that includes Jewellery Awards 12, Excellence Awards 5, Store Awards 5, Designer Award 2, and Student Awards with a substantial amount as scholarship given to the winning students.
The NJA 2017 was presented by GSI, Outdoor Media Partner Art of Jewellery, Associate Partners Precious Metals Assay and Training Institute, Evara by PGI, Kiran Gems and ForeverMark. Trophy Partner Swarovski Gemstones, Logistic Partner Sequel Logistic, Supporting Partners Jai Gulab Dev and Bangalore Refinery. Gifting Partners Mamraj Mussadilal Jewellers, Kamakhya Jewels and Kesar Gift Mart. Television Partner NDTV Prime. Outdoor Media Partner Global Advertising
GJF is a national trade federation established for the promotion and growth of gems and jewellery trade across India. It represents over 4,50,000 players comprising manufacturers, wholesalers, retailers, distributors, laboratories, gemologists, designers and allied services to the domestic Gems & Jewellery industry. The Gems & Jewellery industry is a hand crafted and labour intensive with over 1 crore strong labour force engaged in the manufacturing of jewellery industry in the domestic sector. It represents various industry segments such as Manufacturers, Retailers, Wholesalers, Allied, gold, silver, platinum, diamonds, gem stones, machinery, etc. including the entire industry value chain from bullion to retail. Itis highly fragmented across the value chain with 80% of players operating in the unorganised sector, which are mostly family run, labour intensive, and use indigenous technology. Indian gems & jewellery industry is the leading foreign exchange earner, as well as one of the fastest growing industries in the country. The market for gems and jewellery worldwide has grown steadily over the last few years with a share of 29 % in global Jewellery consumption. It contributes about 6 – 7% of the country’s GDP, with almost 40% women employment and it plays an important role in maintaining the current account deficit and export-led growth of the economy.ENDS.