| Gems and Jewellery Projects
lined up for the year:
A. Research in metros and a Gold Conclave -
The Gems and Jewellery industry in India being highly fragmented. Research would
help us study the consumption patterns in India for the first time ever and help
the industry understand the movement of gold and other precious metals within
the country as such FICCI has signed an MoU with the World Gold Council. FICCI
& WGC will partner to initiate a pilot research study to understand the overall
gold consumption patterns in India that would culminate into a Gold Conclave to
be organised towards the end of 2008. This Conclave will be organised by FICCI
and supported by the WGC.
B. Delegation to Thailand during the IIFA Week
- Delegation to Thailand to explore the Thai market as a new free trade agreement
is in the process of being signed between the two countries to further relax the
present trade restriction which will benefit the growing the Gems and Jewellery
industry in India.
C. A Conference on branded jewellery- Branded jewellery
has found a niche for itself in the tough Indian market, and its increasing growth
rates show that it will corner a significant share of the jewellery market. Brands
have been readily accepted in all other sectors and the same trend is catching
on in the jewellery segment too. The focus of the conference will be to familiarize
the industry representatives and provide useful information on issues such as:
- How
Branded jewellery is perceived, sold, bought, and marketed all over the world
and how Indian companies can achieve the same success.
- The current trends
,practices and opportunities in the Indian markets
- The Importance of creating
Successful brands, their advantages over unbranded jewellery.
- Case studies
of how successful Brands were created.
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