All India Gems and Jewellery Domestic Council (GJC)’s ultimate fusion of business and leisure networking event – Preferred Manufacturer of India (PMI) received a roaring start with approximately 200 leading jewellers from across the country congregated together for networking in Bengaluru on Friday, the 24th November 2023.

This grand networking meet cum exhibition formerly commenced at Leela Bhartiya City, Bengaluru, with lighting of lamp by GJC Chairman Mr Saiyam Mehra, Convener Mr. Madan Kothari, Joint Convener Mr Chetan Thadeshwar, Past Chairman Mr Nitin Khandelwal and G V Shridhar. The PMI Bengaluru has yet once again set a new benchmark this year for the industry experiencing must-to-attend growth in future business.

GJC’s PMI witnesses eye-catching jewellery from esteemed participants, showcasing innovative designs and handcrafted ornaments for both business-to-business (B2B) and business-to-consumer (B2C) segments. It has become a premier industry event for jewellers to expand their business through networking with the entire value chain under one roof. This event showcases a variety of new designs, innovative creations and extraordinary jewellery collections in gold, diamond and coloured stones.

Mr Saiyam Mehra, Chairman of GJC, stated, “I congratulate the entire GJC and PMI team who worked day and night to make this event a grand success. As an apex industry body, GJC undertakes various initiatives and programmes for the benefit of the entire jewellery value chain. These events are aimed at improving industry business practices, promoting compliance, standardization and transparency, and promoting professionalism for the growth and development of the industry sector. Also, GJC takes various promotional activities to further the retail businesses as well as manufacturing segments through various dedicated platforms. Organizing PMI is a unique opportunity for GJC and a promotional experience for participants. Jewellers can reap immense benefits through participating in PMI.” 

Mr Rajesh Rokde, Vice Chairman of GJC, stated, In an uncertain market condition and high gold prices, the PMI has proved a game changer for the entire gems and jewellery Industry. This event is known for giving a fillip for business and trade, with every new edition evolving, innovating and learning from past experiences.  As the name suggests, PMI is for the preferred people of the industry and the industry is committed to remaining focussed on its business objectives and goals. That could be the reason why the organizing committee is very particular with the selection process of the retailers and only those are invited to these exclusive shows who are hand-picked to ensure the best matching of seller profiles. Networking for business is the new-age mantra for successful enterprises and PMI offers manufacturers a dedicated platform that facilitates better relationship-building with the country’s most prominent jewellery retailers. 

Mr Madan Kothari, Convenor of PMI, commented, “GJC initiates various promotional activities for retail businesses as well as manufacturing segments through various dedicated platforms. PMI is such an initiative where we are providing a luxury podium for manufacturers and retailers for focused business. Today, PMI is known for its commitment towards providing a fine platform where buyers and sellers get maximum time to understand each other, exchange business ideas and fulfill commitments for wholesome business growth.”

PMI also offers exquisite business-cum-leisure events to its participants. The venue and properties for conducting PMI events are strategically well thought out by the organizer. Today, PMI has emerged as a leader in premium B2B shows as it has been able to constantly innovate and upgrade with time and the requirement of participants. Moreover, PMI participants are prominent as they are handpicked by the PMI team by considering their leadership and eminence in their respective product lines. From the jewellery retailer’s perspective, PMI is an opportunity that offers the best jewellery brands from Kashmir to Kanyakumari on a single platform with product categories like gold antique and mass jewellery, jadau and polkhi, diamond jewellery and many more. 

Mr Chetan Thadeshwar, Joint Convenor PMI, believes, “In my view, there is a need to evolve PMI as a model for doing business through exhibition as it beats all odds and builds stronger bonds amongst the buyer and seller. Bengaluru is an ideal destination for business cum leisure meetings. PMI is an exclusive B2B exhibition which allows retailers from various regions to visit the show and conduct business with the jewellery manufacturers. This event at Bengaluru covers the entire country with the most progressive southern market in particular.”

The centre of attraction of PMI is the programme conducted in a manner to maintain a perfect blend of business and leisure experience. Moreover, it is held in select cities and towns that have been specially chosen with the objective of filling in the gaps between the manufacturers' and retailers' demand and supply needs. Moreover, every participant gets an equal opportunity to engage with the leading retailers from across the country. PMI is such an event which provides 360-degree solutions to the participants by fulfilling several business objectives, including enhancement of the brand’s image and expansion of market share by establishing and reinforcing business relationships with prominent retailers in India.