The Hindu : Andhra Pradesh / Hyderabad News : ‘Platform for nawabi jewellery'

Online edition of India's National Newspaper
Saturday, Jun 19, 2010
ePaper | Mobile/PDA Version

Andhra Pradesh

Andhra Pradesh - Hyderabad

‘Platform for nawabi jewellery'

Staff Reporter

120 exhibitors participate in 3-day trade fair

— PHOTO: P.V. SIVAKUMAR

Sparkles galore: Visitors go around the Hyderabad Jewellery, Pearl and Gem Fair at HICC on Friday.

HYDERABAD: The Andhra Pradesh Trade Promotion Corporation Limited (APTPC) has indicate that it would lay special thrust on establishing logistics hubs in the State. The corporation is planning to set up container freight stations at Visakhapatnam, Vijayawada-Guntur and Nellore over the next few years, according to G. Ravi Kumar, vice-chairman and managing director, APTPC.

While a logistics hub would soon come up at Mamidipalli in Rangareddy district another huge facility, still in conceptual stage, was proposed at Visakhapatnam. Both the facilities were estimated to cost Rs.20 crore. We are already operating air cargo complexes at the old airport in Begumpet, Shamshabad airport and the Visakhapatnam airport that are doing very well, he said at a media briefing.

He was speaking during the inaugural of Hyderabad Jewellery, Pearl and Gem Fair at the Hyderabad International Convention Centre (HICC) here on Friday. The three-day B2B (business to business) trade show would serve as a platform for manufacturers, traders, retailers and wholesalers in the jewellery industry to explore business opportunities.

It was inaugurated by Minister for Major Industries, Commerce and Export Promotion, and Food Processing Kanna Lakshminarayana. About 120 exhibitors from India and other countries such as Japan, Germany, Hong Kong, Sri Lanka, USA and Thailand are participating in the fair this year. “This is an opportunity to see jewellery designs from around the world,” the Minister said.

There was a good response last year from the Asian countries, said Sanjeev Khaira, managing director, UBM India, organisers of the trade fair. “That shows there is good demand for Hyderabadi jewellery. It will be a good platform for Hyderabad manufacturers to market nawabi jewellery.”

There were others like Manish Jain of Jaipur-based Gem Export House that manufactures fine gems. “We are here to look for buyers of our gem stones,” Mr. Jain said. So was a Japanese design house that was searching for franchisees for its niche jewellery. “This is our first trade visit. If we get a good franchisee here, we are ready to do business,” a representative of Japan Premium Project said.

Asked why the event was a business to business activity unlike the previous editions, Mr. Khaira said the trade fair could generate sufficient business only if there was B2B activity.

“When a lady comes and shops for one hour buying jewellery, the traders would miss out on important business with (prospective) retailer clients in the same time,” a spokesperson explained.

Printer friendly page
Send this article to Friends by E-Mail

Andhra Pradesh