UBM India Concludes the Launch Edition of Chennai Jewellery & Gem Fair (CJGF) 2018 on a Successful Note

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Press Trust of India CHENNAI
Last Updated : Oct 23 2018 | 4:41 PM IST

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A gateway to the Indian jewellery market, with a special focus on South India's repertoire
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Commenting on the conclusion of the maiden edition of CJGF, Mr. Yogesh Mudras, Managing Director, UBM India, said, "The jewellery industry seems poised for a glittering future. There are abundant opportunities in this vertical which is also export-oriented and labour intensive, deeming India the hub of the global jewellery market. In the coming years, growth in the Gems and Jewellery sector would be largely contributed by the development of large retailers/brands. These established brands are guiding the organised market and are opening up opportunities to grow. Increasing access of organised players provides quality as well as variety in terms of products and designs. With a series of successful jewellery shows in the last 13 consecutive years in Chennai, UBM India for the first time in association with the Chennai Jewellers Association through CJGF brings to the Southern market an international trading platform with organized players in a revamped form. Seeking to enable jewellery, diamond, pearl and gemstone suppliers to congregate, interact and network with key buyers, both local and international, the expo, in coming years is poised to raise benchmarks and fuel trade for the jewellery industry in the region."
Mr. Yogesh Shah, President, Chennai Jewellers Association, said, "UBM has been an integral part of the jewellery industry for nearly three decades. Owing to its expertise in this portfolio, UBM India is perfectly placed to launch the Chennai Jewellery and Gem Fair. The show is an initiative by and for the trade, a superior sourcing platform and an opportunity for exchanging knowledge and market trends. We are glad to associate with UBM India through CJGF 2018 to support the established and upcoming centers of excellence in jewellery in the Southern region and are delighted to see that the expo has participation from the deep interiors of the country."
Adding to this, Mr. Uday Vummidi, Vice President, Chennai Jewellers Association, said, "It's an absolute delight to extend our support to this magnificent event, the Chennai Jewellery and Gem Fair (CJGF) organised by UBM India which will be held bi annually. A platform of this sheer size and scale is hard to come across in India and in the coming years, we look forward to the success of CJGF. With the overwhelming response received just in its first edition, the expo is going to be a bigger affair with great business opportunities. As organizers, we have aimed at getting the best clientele to participate through constant promotions and great road shows held in major cities as well as in two tier and three tier cities."
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First Published: Oct 23 2018 | 4:41 PM IST

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