Kolkata, a three-day fair of precious stones and jewelry of the B2B format was held, designed to draw the attention of the general public to Bengali jewelers who produce gold jewelry, Israelidiamond.co.il reported referring to Diamond World.
At the trade event registered from 7,000 to 8,000 visitors from all over India and foreign countries. Jewelers from Delhi, Mumbai, Gujdarat, Bangalore, Chennai, as well as Nepal, Singapore and Malaysia, had the opportunity to familiarize themselves with the products of Kolkata artisans.
Participants of the show hope that the presentation and marketing of their products in this form provides an attractive platform for acquaintance with jewelry products and creates opportunities to expand the business, the valuation of which may exceed $ 50 billion.
Another factor that may influence the transformation of the local jewelry industry is the government-funded construction of a technology park of the jewelery and jewelry industry with an area of 28,000 square meters. meters in the Ankurhati area. The cartel of jewelers is already located on this square, and in general the project assumes support of business of any scales. Reducing production costs of Bengal jewelers will certainly increase interest in the local industry.