A QUARTERLY NEWSLETTER FOR THE GEM & …jab.org.in/apppics/af1384427039Jun_11_2013__Issue_.pdf ·...

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A QUARTERLY NEWSLETTER FOR THE GEM & JEWELLERY INDUSTRY BY THE JEWELLERS’ ASSOCIATION, BENGALURU JUNE 2011 - VOL 1 ISSUE 2 Mahesh Pathi, Chairman - BIJS, Chetan, Convenor - BIJS, Ramya, Brand Ambassador - BIJS, Her Highness Princess Indrakshi Devi, Sumesh Wadhera, Co-Chairman - BIJS at the inauguration ceremony BIJS attracts huge crowds, generating great sales The first edition of Best of India Jewellery Show, BIJS 2011, held from the 15th to 18th April 2011 at Palace Grounds, Bangalore concluded successfully, eliciting a tremendous response from consumers in the city and generating a huge quantum of sales for participating retailers. A joint initiative of The Jewellers Association, Bengaluru, (JAB) and The Art of Jewellery, Indias No. 1 jewellery magazine BIJS 2011 witnessed an elite crowd, who did not miss the opportunity of shopping for precious metals such as Gold and Silver just prior to Akshaya Tritiya and the wedding season. nagration ighlights Kannada cine actress Ramya, who was also the brand ambassador of BIJS, ceremoniously launched the consumer DESIGNED AND PRINTED BY: BIJS 2011 - Consumer Show... JABs Maiden venture draws huge crowds ................................. 1 From the Presidents Desk... .......................................................... 4 From the Hon. Secretarys Desk.................................................... 4 From the Editors Desk ................................................................... 4 All Karnataka Jewellery Trade Bandh ............................................ 5 BSNL Centrex Facility (Free Phone) .............................................. 5 50 Random Facts About . . . GOLD.............................................. 6 List of New Members...................................................................... 6 "The Human Facet" (Silver Market Alert)....................................... 7 Important Circular ............................................................................ 7 Biggest Social Cause Project ........................................................ 8 SIJS 2011 : Attracts serious trade visitors .................................... 9 Karnataka Gold and Silver Rate .................................................. 10 Jewellery Events Calendar - (India) ............................................. 11 www.jab.org.in

Transcript of A QUARTERLY NEWSLETTER FOR THE GEM & …jab.org.in/apppics/af1384427039Jun_11_2013__Issue_.pdf ·...

A QUARTERLY NEWSLETTER FOR THE GEM & JEWELLERY INDUSTRY BY THE JEWELLERS’ ASSOCIATION, BENGALURU JUNE 2011 - VOL 1 ISSUE 2

Mahesh Pathi, Chairman - BIJS, Chetan, Convenor - BIJS, Ramya, Brand Ambassador - BIJS, Her Highness Princess Indrakshi Devi, Sumesh Wadhera, Co-Chairman - BIJS at the inauguration ceremony

BIJS attracts huge crowds, generating great sales

The first edition of Best of India Jewellery Show, BIJS 2011, held from the 15th to 18th April 2011 at

Palace Grounds, Bangalore concluded successfully, eliciting a tremendous response from consumers in the city and generating a huge quantum of sales for participating retailers.

A joint initiative of The Jewellers Association, Bengaluru, (JAB) and The Art of Jewellery, Indias No. 1 jewellery magazine

BIJS 2011 witnessed an elite crowd, who did not miss the opportunity of shopping for precious metals such as Gold and Silver just prior to Akshaya Tritiya and the wedding season.

nagration ighlights

Kannada cine actress Ramya, who was also the brand ambassador of BIJS, ceremoniously launched the consumer

DESIGNED AND PRINTED BY:

BIJS 2011 - Consumer Show... JABs Maiden venture draws huge crowds ................................. 1From the Presidents Desk... .......................................................... 4From the Hon. Secretarys Desk.................................................... 4From the Editors Desk ................................................................... 4All Karnataka Jewellery Trade Bandh ............................................ 5BSNL Centrex Facility (Free Phone) .............................................. 550 Random Facts About . . . GOLD .............................................. 6List of New Members ...................................................................... 6"The Human Facet" (Silver Market Alert) ....................................... 7Important Circular ............................................................................ 7Biggest Social Cause Project ........................................................ 8SIJS 2011 : Attracts serious trade visitors .................................... 9Karnataka Gold and Silver Rate .................................................. 10Jewellery Events Calendar - (India) ............................................. 11

www.jab.org.in

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This was the first official show of The Jewellers Association, Bengaluru (JAB) in partnership with the Art of Jewellery, Indias No: 1 jewellery magazine and an ISO 9001:2008 certified company

Since it was well-planned and suitably timed prior to Akshaya Tritiya, public response was overwhelming

Popular cine actress Ramya endorsed BIJS 2011 as its Brand Ambassador

Consumers could choose from a huge variety of jewelleryaffordable, designer wears, fashionable and trendy, exclusive pieces, heritage jewellery, etc.

For the first time, there was a dedicated pavilion of Kundan Meena jewellery

Palace Grounds proved to be a spacious and prominent venue with facilities such as AC exhibition halls, ample parking, centrally located, etc

High profile publicity campaign ensured visibility, increased footfalls and significant sales.

BIJS 2011 Overviewexhibition in the presence of Her Highness Indrakshi Devi, the princess of Mysore at Palace Grounds, on 15th April 2011.

Vinod Hayagriv, immediate past chairman of the All India Gems and Jewellery Federation (GJF), Mahesh Pathi, chairman of BIJS and president of The Jewellers Association Bengaluru, (JAB), Venkatesh Babu, honorary secretary, JAB G.R.Chetan, convenor, JAB P V Jose, chief mentor, Jewellery Manufacturers Association, Kerala, and Sumesh Wadhera, co-chairman of BIJS 2011 and managing director, The Art of Jewellery were the other dignitaries present during the inauguration.

Reiterated Vinod Hayagriv, "This is truly a showcase of Karnataka jewellers and their capabilities. We look forward to a successful journey into the future through this show."

Mahesh Pathi was also felicitated for his immense contribution to the gems and jewellery trade in Karnataka. D.A. Sreeramulu yet another well known personality from the state was also felicitated during this occasion for his support and guidance to the association.

Pratap Kamat, managing director, Abaran Jewellers,

Bangalore, mentioned that "This exhibition has brought in real high profile consumers. The floor plan has been organized very well, leaving enough room for customers to move about. We have all had good sales and it has been a great experience."

Navrathan Jewellers, Neelkanth, Srishti, C. Krishniah Chetty & Sons, Arnav, Rajarathnam Jewellers, JoyAlukkas, Sri Rama Jewellers, Raj Diamonds, were some of the leading retailers from Bangalore who participated in the show. NAC Jewellers from Chennai, Arya from Mumbai, and a plethora of jewellers from Jaipur, displayed their exquisite designs. More than 120 stalls showcased fine collections from about 75-odd retailers from across India.

Kundan Meena emphasis: The JJS Pavilion promoted by the Kundan Meena Promotion Group. Jaipur attracted consumers in droves. Fascinated by the intricate craftsmanship of this jewellery so unique to the royal families of Rajasthan, local customers flocked to these exhibitors.

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The group, hailing from Jaipur, is renowned for this fascinating collection which is an integral part of the wedding ensemble of an Indian bride, particularly in Rajasthan. The group, which has been promoting Kundan Meena, through shows such as Jaipur Jewellery Show (JJS), had taken up a special pavilion at BIJS 2011 to introduce this range to South Indian consumers.

While Meenakari was imported from Persia centuries ago, Kundankari was popular with the Rajput rulers. Both the styles complement each other and today, they stand for purity, precision and intricate art.

A full-fledged consumer show of this kind was being held for the first time under the auspices of the Jewellers Association Bengaluru (JAB). Mahesh Pathi, president, JAB, mentioned

that "We are happy with the kind of responses received. We intend taking this show outside Bangalore too, to other cities of Karnataka."

Sumesh Wadhera, co-chairman, BIJS 2011 and managing director, The Art of Jewellery, said, "This exhibition reflects the varied cultures and lifestyles of a cosmopolitan city like Bangalore. It is a fine collection of the best designs from leading retailers and timed appropriately, just before the auspicious Akshaya Tritiya."

that "We are happy with the kind of responses received. We intend taking this show outside Bangalore too, to

Sumesh Wadhera, co-chairman, BIJS 2011 and managing director, The Art of Jewellery, said, "This exhibition reflects the varied cultures and

BIJS 2011 offered lucky draw coupons with every entry ticket. A daily prize of jewellery worth Rs 25,000 on all the four days and a bumper prize of jewellery worth Rs 1,00,000 were given away, courtesy C. Krishniah Chetty & Sons, one of the oldest and most reputed retail jeweller of Bangalore.

Ms. Fanwaz Ahmed wins the bumper prize of jewellery worth one lakh rupees.

Ms. Shobha wins the daily draw on 15th April 2011.

Ms. Geetha Anand wins the daily draw on 18th April 2011.

Ms. Aruna Nayak wins the daily draw on 17th April 2011.

Ms. Manjula Murugan wins the daily draw on 16th April 2011.

Alluring prizes for lucky draw winners

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Hope you have liked our previous edition of "Karats & Carats"...

We assure you that we will try and make it all the more interesting and informative in the time to come.

Just to supplement that, we are adding a new facet to our Newsletter... "The Human Facet"...

The Human Facet: This new section will focus on achievements of the Committees Sub-Committees, individual achievements, feedback on newsletter, social activities, festivalscelebrations, personal contributions from staff, etc...

(if you win a nobel prize, we will know. For everything else, please let us know).

Happy reading...

T. S. Vasudev

From the Hon. Secretary’s Desk…

From the Hon. Secretary’s Desk…

From the Hon. Secretary’s Desk…

From the Editor’s Desk...

Warm Regards...

From the President’s Desk…

From the President’s Desk…

www.jab.org.in

Dear Members,

Time and Tide waits for none and 3 more months have passed so soon. This was a very eventful and energetic quarter for various reasons. Our maiden venture "BEST OF INDIA JEWELLER SHOW" - BIJS was a runaway success, and I express my sincere gratification to all the participants, who made it a grand success. Hats off to the relentless spirit and energy of team AOJ and the BIJS core committee members.

Other mega service project SAI VRINDAVAN is also progressing on a war footing, thanks to the contributions of our fellow Jewellers, who are responding overwhelmingly to our appeals. THE JEWELLERS ASSOCIATIONS dormitory block for the old age and differently abled students will be ready in a couple of months.

Another breakthrough achievement of JAB - SILVER COMMITTEE after a year long efforts, we have been successful in co-ordinating and convincing the traders, assayers, melters and refiners to improve the quality of Local Silver to 99. This is a giant step for the benefit of the trade fraternity as well as the customer. It gives me immense pleasure to ackowledge the spirit and energy of our board and all the committees who are doing extremely well and my compliments to the editorial team of "KARATS AND CARATS" - who have made this BIGGER AND BETTER both in quality and content.

The recent hike in VAT and the state wide TRADE BUNDH called by The Jewellers Association, Bengaluru, displayed the unity of the trade and the support of all other associations across Karnataka. The new notification of the CBDT with regard to collecting the PAN Numbers for sales of above 5 lakhs is another challenge to our industry which we will definitely overcome.

SO LITTLE TIME and SO MUCH TO DO...with all your continued support and patronage... TOGETHER WE CAN...

OURS

S. VENKATESH BABU

Greetings to all Members,

This quarter has been important for the Jewellers. We had "Akshaya Tirtiya" during the first week of May 2011, Jewellers have done well on this auspicious day. As usual the prices had been erratic during Akshaya Tirtiya. Since then, business has been slow and below expectations.

This quarter, has made one of our most cherished dreams come true. The Best of India Jewellery Show (BIJS) became a reality, with a huge success alongwith substantial gain to our association. We must thank our Convenor, Sri Chetan for his tireless effort.

VAT increase has hit the jewellers hard. Our association protested vehemently to roll back VAT to 1.0 per cent. At the time of going to press, we are discussing the matter with the Chief Minister and expect some relief to be announced during the month of July.

My congratulations to silver committee headed by Sri R. Srinivas for standardizing silver quality.

Our industry is going through tough times, attention to customers needs is of utmost importance with right inventory, light weight jewellery are order of the day. This will help small and medium Jewellers to compete with the big ones.

In the manufacturing sector, it has become very difficult to get gold smiths. Their numbers have dwindled and some of them are not willing to work. This serious situation needs to be addressed. Must encourage gold smiths from all corners to start working again. We request members to avail the facility offered by JSS and other colleges for manufacturing and jewellery designing and introduce at least one or two persons from their establishments to take up the courses.

We shall announce a date for Annual General Body Meeting during July 2011.

I wish to thank our entire team, for a good work and progress made during these three months.

Best regards,

P.V. MAHESH

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All Karnataka Jewellery Trade BandhThe Jewellers’ Association, Bengaluru

Protest Against Increase in VAT and Introduction of Excise Duty

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In protest against the increase in VAT on Jewellery from 1 to 2, The Jewellers Association, Bengaluru, called for a KARNATAKA STATE WIDE Jewellery Trade Bundh, on Friday, 25th March 2011. We have met the Chief Minister and given him a memorandum, explaining and giving an in depth analysis of the negative impact it will have on the trade, and subsequently requesting him to introspect and reverse the changes made to the Tax Structure.

A Press Conference was also organized and the media has highlighted the grievances of the trade.

We have had a "RECORD" gathering of more than 3000 people in Bengaluru, which has been a first of its kind support in the history of The Jewellers Association, Bengaluru. We have also achieved a TOTAL BUNDH across the state. The support extended from even remote towns have been exemplary as we have had reports that Jewellers, Stone Dealers, GoldSilver Smiths, Wholesale Merchants and all other allied services and activities in many towns of Karnataka, had arranged protest marches in their respective towns.

We thank all our member establishments and their respective staff, both in Bengaluru and across the state, for the

overwhelming support they have extended, in assembling in record breaking numbers and in achieving a total success of the statewide Jewellery Trade Bundh.

However, we are yet to see success. Sadly, our Chief Minister, who has been busy while facing a personal crisis with his own seat, has not revised the tax. Nevertheless, we are still working from different angles to reduce it.

Hoping for the BEST...

BSNL is providing CENTREX (Free Phone) facility to the member establishments of Associations in Bangalore.

The Jewellers’ Association, Bengaluru, has initiated the process of extending the same to its member establishments.

On processing the applications, BSNL will allot respective (designated) four digit numbers for the commissioned facility.

Applications and details are available in The Jewellers’ Association offi ce.

BSNL Centrex Facility (Free Phone)An initiative by The Jewellers’ Association, Bengaluru

More than 800 numbers have been commissioned and are running successfully

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50 Random Facts About . . . GOLD! By Y.S. Ravi Kumar, Sunrise Jewells

www.jab.org.in

21). The Turin Papyrus shows the first map of a gold mine in Nubia, a major gold producer in antiquity. Indeed, the Egyptian word for gold was "nub," from gold-rich Nubia. While Egyptian slaves often suffered terribly in gold mines, Egyptian artisans who made gold jewelry for the nobles enjoyed a high, almost priestly status.h

22). Though the ancient Jews apparently had enough gold to create and dance around a golden calf while Moses was talking to God on Mt. Sinai, scholars speculate that it never occurred to the Jews to bribe themselves out of captivity because gold was not yet associated with money.b

23). There are more than 400 references to gold in the Bible, including specific instructions from God to cover furniture in the tabernacle with "pure gold." Gold is also mentioned as one of the gifts of the Magi.b

There are more than 400 references to gold in the Bible

24). The Greeks thought that gold was a dense combination of water and sunlight.e

25). In 560 B.C., the Lydians introduced the first gold coin, which was actually a naturally occurring amalgam of gold and silver called electrum. Herodotus criticizes the materialism of the Lydians, who also were the first to open permanent retail shops. When the Lydians were captured by the Persians in 546 B.C., the use of gold coins began to spread.h

26). Before gold coins were used as money, various types of livestock, particularly cattle, and plant products were used as currency. Additionally, large government construction projects were completed by slave labor due to the limited range of money uses.e

27). The chemical symbol for gold is AU, from the Latin word aurum meaning "shining dawn" and from Aurora, the Roman goddess of the dawn. In 50 B.C., Romans began issuing gold coins called the Aureus and the smaller solidus.b

28). When honking geese alerted the Romans that the Gauls were about to attack the temple where the Romans stored their treasure, the grateful Roman citizens built a

shrine to Moneta, the goddess of warning. The link between rescued treasure and Moneta led many centuries later to the English words "money" and "mint."b

29). Between A.D. 307 and 324, the worth of one pound of gold in Rome rose from 100,000 denarii (a Roman

coin) to 300,000 denarii. By the middle of the fourth century, a pound of gold was worth 2,120,000,000 denarii an early example of runaway inflation, which was partly responsible for the collapse of the Roman Empire.a

30). The Trial of the Pyx (a public test of the quality of gold) began in England in 1282 and continues to this day. The term "pyx" refers to a Greek boxwood chest in which coins are placed to be presented to a jury for testing. Coins are currently tested for diameter, chemical composition, and weight.d

31). During the fourteenth century, drinking molten gold and crushed emeralds was used as a treatment for the bubonic plaque.b

32). In 1511, King Ferdinand of Spain coined the immortal phrase: "Get gold, humanely if possible but at all hazards, get gold."b

Continued from the last issue...

Macedon Bullion India (P) Ltd BangaloreValanda BangaloreTulsi Diamonds BangaloreMy Diamond Jewels BangaloreJ N Concept BangaloreShree Samarth Jewellers BangaloreVijay Gems & Jewellery BangaloreSri Balaji Jewellers BangaloreP M Jewels BangaloreThe 1869 Guild BangaloreSreenivas & Co BangalorePraveen Jewellers & Diamonds BangaloreVarenyam Jewels BangaloreVijay Jewellers BangaloreSri Maruti Jewels BangaloreSri Vinayaka Jewellery and Silk Sarees BangaloreAnand Jewellers BangaloreShree Lakshmi Gems & Jewellers BangaloreRaikars BangaloreSanctity BangaloreLakshmi Narayana Jewellery Works BangalorePavithra Jewels BangaloreKrishna Jewellers Bangalore

Global Engineering Services BangaloreVardhman Jewellers BangaloreSunrise Silver Craft BangaloreSri Chamundeswari Jewellers BangaloreKalpana Ornaments BangaloreSree Lakshmi Venkateshwara Jewellers BangaloreSagar Jewellers BangaloreSri Varamahalakshmi Jewellers BangalorePrestige Gems & Jewels BangaloreMahesh & Bros. BangaloreS K Jewels BangaloreK L Jewellers BangaloreHyderabad Pearls BangaloreDesna Jewellers BangaloreSri Balaji & Co Jewellery Works BangaloreS V S Jewellery Works BangaloreRishab Jewels BangaloreSri Manju Natha Jewellers BangaloreSiri Jewels BangaloreVasavi Jewellers GubbiHarish Jewellers HarapanahalliSri Nidhi Gold Mandya

List of New Members...to be continued in the next issue.

A Warm Welcome to all the New Members

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Good News from the Silver front in the beginning of the Wedding Season...

We are all aware that Local Refined Silver Bullion available in the market was erratic in quality. This anamoly has been eradicated now.

The Bangalore Silver Market had deteriorated into a sad state of affairs in recent times. In the process the buyer end user was loosing on quality. The TRADE in general wanted a change for the better.

In such a scenario, The Jewellers Association, Bengaluru promptly responded by forming a Silver Committee to tackle the situation.

All segments of the trade like Refiners, Melters, Assayers, Bullion Dealers and Smiths were approached separately by the committee and a strategy was worked out. Accordingly, the melters assured a better homogeneity in melting old silver. They have also started to affix their mark on all melted kuchcha

bars, with a unique identification number for each melter.

The refiners have agreed to maintain a minimum purity of 99 in local refined silver. They have also started to affix the mark on all refined silver bars.

In order, for this endeavor to be a success, the TRADE in general has to be educated about the new standards and will have to adhere to it.

rom now on lease

emand and Accet mared refined iler Bars onl for both Trading as well as change roses.

Wheneer old siler is melted insist on getting the melters mar on all melted bars.

Also note that chcha bars shold not be echanged withot the melters mar.

www.jab.org.in

Karnataka Value Added Tax, 2003 - Changes effective from 01-04-2011 a r t i c l a r s isting ate New ate

General Rate of Taxes 13.5 14Turnover for Audit under KVAT Law Rs. 60 Lakh Rs. 1.00 CroreInterest for Delay Payment 1.25 PM 1.5 PMJewellery and Articles of Gold, Silver and other noble Metals whether or not studded with precious or semi-precious stones and, transfer of property in goods involved in the execution of works contract relating to above i.e.,Jewellery and articles

1 2

Bullion and Specie (in any form, any purity) 1 1Precious and Semi Precious stones(ie., Ruby, Emerald, Diamond etc...) 1 2Old Gold - in bullion form (URD Purchase) 1 1Old Gold - in Jewellery form (URD Purchase) 1 2Gold Coins - minted by retailer (except banks) 1 2Gold Coins - minted by Banks 1 1

Important Dates to Remember for compliance and change in penalty clausesFiling of Monthly Returns alongwith paymentof taxes due if any under KVAT

1520th of succeeding Month as applicable

Filing of Half early Declaration - KVATFor Period April to SeptemberFor Period October to March

30th October,30th April

To File Audit Report wherever applicable 31st DecemberPayment of Service Tax 6th of subsequent Month uarter in case of electronic payments and

5th of subsequent Month uarter in other cases. For the period ending March the due date is 31st March itself

Payment of Renewal Fee under KPTCE Act, 1976 (Professional Tax) for the Financial year 2011-2012

30th April

Submission of Annual Return (In case of Deductions of PT from payment made) under KPTCE Act

Within 60 days from Expiry of the ear

Movement of goods without proper documents Penalty increased from 3 times to 5 times the value of applicable taxMembers are requested to note the contents carefully, for any clarifi cation write to association on your Company Letterhead to clarify the same.

Secretary

I M P O R T A N T C I R C U L A R

Please adopt and maintain the new standard for the benefi t of everyone. Wishing you quality days ahead in Silver

TH

E

HU

MA

N

FA

CE

TSilver Market Alert

8www.jab.org.in

Dear Jeweller,

You are aware of the Home for the Mentally Challenged, which The Jewellers’ Association, Bengaluru, is building at Sai Vrundavan. For those of you who did not read about this in the last Newsletter, here is a brief description.

Sai Vrundavan is a home for Deaf and Dumb rural children. They run a special school for them. Along with this, they also run a home for the aged and another for the aged who are mentally challenged. As the Mentally Challenged senior citizens did not have a proper room to stay in (they are currently staying in old cattle sheds), The Jewellers’ Association decided to build a Dormitory for them at a cost of Rs.15 Lakhs. This will house 18 men and 18 women in separate blocks. We appealed to the members for some monetary contributions to make good for the shortfall from our side. The members were very magnanimous

and have contributed generously for the building.

We are hoping to inaugurate the building by the end of August 2011. We would like to once again appeal to our members who did not get an opportunity to contribute earlier, to please contribute for this noble cause. This is the “Biggest Social Cause Project” in the history of our Association in its 70 years of existence. Income

tax exemption for your contribution is available. The names of all donors paying a sum of Rs. 25,000 and above will be mentioned on the plaque on the new building.

Biggest Social Cause Project By The Jewellers’ Association, Bengaluru

We are grateful to M/s Barton Foundation for donating Rs.1,00,000 towards this causein response to our appeal in the previous newsletter.

9www.jab.org.in

The fifth edition of the South India Jewellery Show (SIJS) 2011 held from 9th to 11th April at Palace Grounds, Bangalore offered a dynamic platform for business interactions for all the stakeholders of the gems and jewellery industry.

Perfectly timed in April, a peak season for wedding and festivals, particularly Akshaya Tritiya, the event witnessed serious buyers from all over South India, sourcing jewellery directly from wholesalers and manufacturers.

Organized by The Art of Jewellery, Indias No: 1 jewellery magazine, the trade fair showcased the creations of leading jewellery manufacturers from all over India in about 120 air conditioned booths.

An elaborate display of gold, silver, diamond, and platinum jewellery along with allied equipment and machinery were exhibited. Over 6,000 business visitors attended the show to explore business potential.

Mahesh Pathi, president, Jewellers Association, Bengaluru said, "This show is becoming bigger and better with every passing year, giving ample opportunities to the manufacturers in terms of design and technique."

An interesting panel discussion, by The Jewellers Association, Bengaluru (JAB) was tabled by Venkatesh Babu, honorary secretary and focused on two specific issues: Increase in VAT from one to two per cent in Karnataka and uniform gold rate in the state. The discussions brought to fore some specific suggestions to take up the issue of reduction in VAT from two to one per cent. They included forming a core jewellers committee from all over Karnataka, meeting the Governor with a memorandum,

wearing black flags in protest, etc Participants also debated on the need to introduce a uniform gold rate in the state and the modalities of doing it.

Overall, SIJS 2011 accomplished its objectives as a dynamic platform for business interactions. Venkatesh Babu, honorary. secretary, The Jewellers Association, Bengaluru, concluded, "During this tough time when gold and silver rates are going high, trade fairs act as repository of latest trends and designs with invaluable educational seminars included."

SIJS 2011: Attracts serious trade visitors

Venkatesh Babu, Hon. Secretary, The Jewellers’ Association, Bengaluru (JAB), Mahesh Pathi, President, JAB, C. Vinod Hayagriv, Immediate Past Chairman, GJF, Dr. C.N. Ashwath Narayan, MLA, Nirupa Bhatt, Managing Director, GIA, Sumesh Wadhera, Convenor - SIJS 2011 & MD - The Art of Jewellery, P. V. Jose, Chief Patron, Jewellery Manufacturers Association - JMA, Kerala releasing the Show Guide.

Vinod Hayagriv, on behalf of the GJ industry, presents a scroll of appreciation to Sumesh Wadhera.

10www.jab.org.in

Karnataka Gold and Silver RateOn June 21st, 2011, we had an important meeting. The Directors of The Jewellers Association, along with a few prominent Jewellers of Bangalore and the President of the Karnataka Karavalli Jewellers Association - Mr. Jayacharya met to decide on a niform old and iler ate for arnataa tate. Kerala and

Chennai have already done this. After a lot of deliberations, we have come to a consensus that the whole of Karnataka will charge at

a . of the re ate for ct old.

b re iler rate for terling iler articles

This rate has been arrived at keeping in mind the neighboring states, competition and other factors. The Jewellers Association, Bengaluru will announce the rate everyday by way of SMS to all its registered members. We request all retailers to adhere to this rate as it will enhance customer confidence in our trade.

(1) The Annual General Body Meeting 2011 is round the corner.

The Jewellers Association, Bengaluru, invites young & energetic members who can serve for the betterment of the esteemed organization and to join the Board.

Please contest for the upcoming ELECTIONS for the Managing Committee.

(2) Candidates required for Export Appraisal Committee (involves visiting the Airport frequently)

Advertisement TariffFull Page (Rear Cover) Rs. 15,000-

Full Page Rs. 10,000-

Half Page Rs. 6,000-

uarter Page Rs. 4,000-

Want to advertise in this newsletter

Call: +91-99866 77771

For Feedback ueries email to: editorjab.org.in

Truly Traditional&

Elegantly Trendy

Manufacturers and Wholesalers of Silverware & Idols# 71, Chowdeshwari Temple Street, Parallel to Avenue Road, Bangalore - 560 002 Ph : 080 - 4114 4544, 98459 11919, 5544 (airtel centrex)

Since 1926

WANTEDChanges in Sub-Committees

Committee for Exports and Appraisal

Sri P.V. Mahesh (Chairman)Sri D.A. SreeramuluSri K.A. RamuSri C.N. Badrinath

11

Gujarat International Jewellery Show (GIJS 2011)

July15 - 17

Gujarat University Exhibition Hall, Ahmedabad, Gujarat

Gem & Jewellery Trade Council of India"Gem Place" 3rd Floor Deepkala Building,Nr. Municipal Market, C. G. Road, Ahmedabad - 380 009. Gujarat Tel: 91 79 2640 2573, Email: gjtciyahoo.co.in, www.gjtci.org

Hyderabad Jewellery, Pearl & Gem Fair

July 09 - 11

HITE Exhibition Centre, Hyderabad, India

UBM India Pvt. LtdEmail: jewelleryubmindia.com Website: www.jewelleryfair.in

JAS 2011 - Jeweller's Association Show

July 22 - 25

B. M. Birla Auditorium, Jaipur

Jewellers Association Show252, Jewellers Association building, Johri Bazar, Jaipur - 302003 Tel : 91-141-4034112 13, 2563 829http:www.jasjaipur.com

India InternationalJewellery Week

July 31- Aug 03

Grand Hyatt, Mumbai The Gem & Jewellery Export Promotion CouncilTel : 91-22-43541800, Email: iijwgjepc.comWebsite: www.iijw.org

India International Jewellery Show 2011

Aug 04 - 08

Bombay Exhibition Centre (NSE Complex), Mumbai

The Gem & Jewellery Export Promotion CouncilTel : 91-22-26524 791 www.gjepc.org iijs.gjepc.org Email: infogjepc.org, iijsgjepcindia.com

8th India International Gold Convention

Aug 19 - 21

The Leela, Kovalam, Kerala

Foretell Business Solutions Private LimitedTel: 91 80 2527615253, Fax: 91 80 25276154Email: registergoldconvention.in www.goldconvention.in

JewelleryWonder 2011

Sept 18 - 20

Pragati Maidan, New Delhi

Jewellery Market2810 20 Beadonpura, Second Floor Karol Bagh, New Delhi, Tel:(91)-(11)-45032 676, Email: jm-bhartijewellerymkt.com

Jewellery Industry Trade Show of India (JITS)

Oct14 - 16

Chennai Trade Centre, Chennai

United ExhibitionsTel: 91-44-4550 1036 39 HP: 91 95000 36657Email: mktgunitedexhibitions.in, www.unitedexhibitions.com

4th Kerala Gem and Jewellery Show (KGJS 2011)

Dec 03 - 05

Lu Lu International Convention Centre, Thrissur.

The Art of JewelleryPh:91-80-25201687, 88, 89Email: kgjsartofjewellery.com www.kgjs.in

Gujarat Jewellery Show (GJS 2011)

Dec23 - 25

Gujarat University Exhibition Hall, Ahmedabad, Gujarat

Gujarat Jewellery ShowA -503, Ganesh Plaza,Opp. Navrangpura Bus Stop Navrangpura, Ahmedabad 380 009, Gujarat, Tel : 079 - 2640 5757 Email : gjseventgmail.com httpwww.gjs.co.in

Jaipur Jewellery Show (JJS 2011)

Dec23 - 26

Hotel Raj Mahal PalaceJaipur

Jaipur Jewellery ShowChamber Bhawan, M.I. Road, Jaipur � 302003 Ph: 91 141 5104777 40147 77 E-mail: infojaipurjewelleryshow.org Website : www.jaipurjewelleryshow.org

Events Date Venue Organiser

Jewellery Events Calendar - (India)

www.jab.org.in

No. 835, Sridev Shopping Arcade, 1st Floor, Nagarathpet, Bangalore – 560 002.

Phone: +91-80-2221 1037, 2210 4316, 4164 2666e-mail: [email protected]: www.jab.org.in

(Reg. Sl. No. 368/41-42 dt. 9-12-41)