Incredible The Favourite Business Magazine of Retail Jewellers HYDERABAD Special Supplement along with Jan-Feb 2021 Edition SHREE JEE JEWELLERS SANGHI JEWELLERS MEENAKSHI JEWELLERS VINATI JEWELLERS NITIN JEWELLERS Incredible HYDERABAD 2019 | Buying List Incredible HYDERABAD The land of the Nawabs is a force majeure in all that glitters SANGHI JEWELLERS MEENAKSHI JEWELLERS VINATI JEWELLERS NITIN JEWELLERS 4 Incredible Hyderabad 2019 Hyderabad is the perfect heavyset jewellery and the ravenous place for jewellers who appetite that aromatic spices mixed want to tap the traditional together brings out in a palate found its and architectural origins in the land of Hyderabad. What was known as he City of Pearls inspirations into trendy, till about the 19th century, Hyderabad yet heritage designs was possibly the only place where because of the rich pool Golconda diamonds would be traded. of talent that the city Evidently, because it became a trading harbours in its heart hub, a rich tribe of talented gold and silversmiths, with a battalion of “Most transparent in business, talented craftsmen and karigars also exceptional designing, and here did the slowly sprung up like mushrooms, highest gemstones quality glittering culture that honing their fare and passing them in ornaments.” characterizes the down through generations. NITIN AGARWAL royalty exuded by Partner, Meenakshi Jewellers NawabsW come from? The sensational THE TRADITION OF THE taste and style, the royal aura in NIZAMS Meenakshi Jewellers 1. Year of establishment: 1951 2. Product speciality: Gold and gemstones 3. New innovations: We identified the niche and achieved superb year-on-year growth in exports. The fi fth largest city in the country still has its iconic jewellery bazaars that attract a lot of people, from within the country to outside. In the 20th century, rampant industrialisation brought forth companies, investments and research to the region. With it, came a class of affl uent people with a fi ne taste in everything that spells luxury. The jewellery industry boomed further, making Hyderabad incredible in its aura. What started centuries back in the hands of the Mughals, slowly found a modern shape under the leadership of jewellers in the city, who rose up to a breath-taking brilliance. Hyderabad’s Nizams started a tradition, and its unique heritage has been the key to the success of the gem and jewellery sector here. It has evolved on every corner and has slowly emerged as a leader. It has surpassed its nearest competitors and the neighbouring cities, thanks to the people and their deep love Incredible Hyderabad 2019 5 Incredible HYDERABAD 2019 | Buying List for jewellery. Be it heavy pieces for all over India and more profound far weddings or light wear and trendy western regions. As a result, workmen pieces to suit millennials, the from far and wide settled here to bring Hyderabadi thirst for jewellery at out the best in them in the form of fi ne times, surpasses its love for biryani. jewellery. This has found a resonance “Jewellery in Hyderabad has a history in our presentation as well,” said that dates to Nizams era and Golconda Anand Nahar of Vinati Jewellers. mines. The best of the world’s diamonds “Sure, the old Nawabi Hyderabad was mined out of Golconda, as it was and art are inseparable, and we are the only source of quality diamonds bound to get the exposure from “Show our grit and courage, be in the world at that time, making the the past few generations where our positive and look forward.” Nizam the richest man in the world. technicians have collaborated with NITIN GULABANI With richness came the inspiration diverse cultural and unique pieces Managing Director, and craving of the best of ornaments, of art,” said Nitin Gulabani of Nitin Nitin Jewellers gemstones, pearls and mesmerizing Jewellers. architecture. Many of the ornaments Sanjay Sanghi of Sanghi Jewellers manufactured at Meenakshi Jewellers said, “Be it Charminar, Birla temple, Nitin Jewellers are inspired by these historical facts,” Tirupati temple, Falaknuma or the rich said Nitin Agarwal of Meenakshi south Indian culture, these have had a 1. Year of establishment: 2003-04 Jewellers, Hyderabad. major infl uence on the jewellery that is “The history of Hyderabad is the manufactured in Hyderabad.” 2. Product speciality: Brands like Alohi, Fyra, Nyra, Ura fusion of the Asian Mediterranian and south-central Indian culture and CATERING TO 3. New innovations: This year, we brought architecture, resplendent as Deccan Ura necklaces in below 10 grams range culture. So naturally, the Nizams have CONSUMERS, SINCE been great patrons of artisans from TIMES IMMEMORIAL 6 Incredible Hyderabad 2019 Consumers here love the yellow Its twin city, Secunderabad, is an able metal. Add a touch of colour with partner where there are more than gemstones, and you have struck gold 2,000 retailers and jewellery outlets. in the proverbial sense. But that is not Another interesting fact about the city to say that they do not evolve. With the is that that manufacture about 40% of gold prices going up over the last year, their jewellery, a huge number when now they have matched the emotions compared to other manufacturing running through the sinews of the hubs in India. Most retailers stock entire country and set their eyes on jewellery in plain gold and coloured RITESH KUMAR SANGHI diamonds. Since then, it has been the stones, but also imbibe the traditions MD, Sanghi Jewellers Pvt. Ltd. best place for diamond jewellery too. of Andhra through its Kasumala and Hyderabad is a haven when it Oddiyanam. comes to be a manufacturing hub. “There is a massive growth in terms “Innovation in new designs.” SANJAY KUMAR SANGHI MD, Sanghi Jewellers Pvt. Ltd. Sanghi Jewellers Pvt. Ltd. 1. Year of establishment: 1993 2. Product speciality: Ruby, emerald and sapphire jewellery of jewellery manufacturing and also retail in Hyderabad, compared to others. Hyderabad is growing faster than other cities. With growth comes competition, and that leads to creativity. Every manufacturer works on specifi c niche and caters to the global market. This has been acknowledged and accepted by global retailers. Ornaments made in Hyderabad have reached global retailers and attracts buyers regularly,” said Agarwal. ONE OF ITS KIND Hyderabadi jewellery is one of its kind. We are talking about the typical “tika”, which is normally an ornamental diamond medallion that brides wear on their forehead, connected with a string of pearls that Incredible Hyderabad 2019 7 Incredible HYDERABAD 2019 | Buying List necklace carved out of seven strands of pearls and topped off with rubies, emeralds, rubies and diamonds), ranihaars, payals and jugnis. The cherry on the cake is he ‘gintiyan’, or toe-rings. “Almost all types of jewellery are being made in Hyderabad now off late. This makes it convenient for clients all “Exquisite craftsmanship over to shop in Hyderabad and get as and consumer confi dence per their choice,” said Nahar. through variety” “If you have the pulse of shopping, then Hyderabadi streets are a place to UDAY SANGHI explore. There are hidden treasures Business Development Head, in these narrow lanes where you can Uday Jewellery Industries Ltd. unearth pieces of beauty - completely made in Hyderabad brand,” said Gulabani. Hyderabad’s craftsmen specialise in Nizami jewellery, and its heritage and architecture fi nd a voice through the jewellery. Their traditional pieces are also touched with the Victorian Uday Jewellery Industries Ltd. elegance. They fi nd importance and enjoy popularity around the national “Strong focus on manufacturing and global markets, treasured by and cutting-edge technology in connoisseurs. The local craftsmen tune with legacy” have put years of toil to perfect their technique and blend their historic TEJAS SANGHI skill with the latest technology. What Business Development Head, emerges as a result is a conglomeration Narbada Gems and Jewellery Ltd. of the best of both worlds --- a harmonised and unique piece of Uday Jewellery Industries exquisite jewellery. Ltd. & Narbada Gems and “For jewellers, a good and Jewellery Ltd. supporting business environment that encourages an ecosystem for the Product speciality: Uday Jewellery jewellery domain, stable political and Industries Ltd. - CZ pachi, Antique, Nakshi social establishment, including the & light weight jewellery ever-encouraging buyer response Narbada Gems and Jewellery Ltd. - Rosecut is important. Modern and updated & Polki jewellery infrastructure makes Hyderabad a haven for them,” said Nahar. “Simply put, it is the cultural is normally customised according to diversifi cation which pulls jewellers the need of the wedding attire. The to showcase the best-in-class artwork, “nath” is a regular nose ring, also found since there is a growing trend of global in the confi nes of Bengal, a ruby held interest here,” said Gulabani. together by two pearls. There is the “chintaak” which is a jadau neckpiece AN INCREDIBLE CITY --- a choker carved out of uncut The excellence of Hyderabad has diamonds and precious stones. Other opened it up to foreign players than this, Hyderabad is also known for and retailers too. Exporters and its jhoomars, karan phools, satlada (a Narbada Gems and Jewellery Ltd. manufacturers fi nd it easy to work 10 Incredible Hyderabad 2019 here and their arrival has helped below par with the changing times. the jewellery sector mature beyond Local jewellers have kept up their means. The technology that has been adaptability and businesses are not brought in these big players have having to draw curtains down as a helped manufacturers assemble their result. There is employability and great skills, enhance their capability and pieces coming out of the ramparts equipped to serve the international every day. gem and jewellery sector. These Why is Hyderabad incredible? jewellers in Hyderabad have also, in Most leading jewellers feel that t has turn, helped the economy because the something to do with the people and product quality has improved to match the craftsmen here.