UBM India to Bring in the Maiden Edition of the Chennai Jewellery and Gem Fair

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A gateway to the Indian jewellery market, with a special focus on South India's repertoire
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Speaking at the launch of the CJGF, Mr. Yogesh Mudras, Managing Director, UBM India, said, "We are excited to launch a new show in the midst of all the action in the Chennai market with a fresh, new and decidedly more international format. The market size of the gems and jewellery sector in India is expected to reach US$ 100-110 billion by 2021-2022. And despite economic challenges, Gold demand in India rose to 338.70 tonnes between January to June 2018 while the country's gems and jewellery exports stood at US$ 13.18 billion between April - August 2018 which bodes well for the market."

He added, "Supported by quality conscious customers, corporate branding, modern retail formats, and evolving design, the gems and jewellery segment is not just expected to outpace others in domestic sales, but create a deserving and viable industry community which the CJGF is geared to provide."

Speaking at the launch of the CJGF, Mr. Yogesh Shah, Director, 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."

Speaking at the announcement of the new show, Mr. Sultan Mohideen, Director, Chennai Jewellers Association, said, "Chennai Jewellery and Gem Fair (CJGF) to be launched in October will be the best platform for manufacturers and retailers to meet and create business as it serves key markets in the region which supply to jewelers across India and abroad. CJGF will give us this opportunity to widen the breadth of our business and make the necessary connects quickly."
Adding to this, Mr. Uday Vummidi, Director, Chennai Jewellers Association, said, "It will be an absolute delight to extend our support to this magnificent event, Chennai Jewellery and Gem Fair (CJGF) to be organized by UBM India in October 2018. A platform of this sheer size and scale is hard to come across in India and we look forward to CJGF."

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