CHENNAI, March 17, 2017 /PRNewswire/ --
A Mega B2B Gem and Jewellery Extravaganza by MJDMA and UBM India
GJIIE 2017 at a glance:
- With over 300 exhibitors, UBM India and MJDMA successfully conclude South India's biggest B2B jewellery show
- Conducted an 'All TN President and Secretary Meet' and 'GJF Zonal Meet' with key associations and apex bodies
The 13th edition of the three-day mega B2B gem and jewellery extravaganza, the Gem & Jewellery India International Exhibition (GJIIE 2017) ended on a high note, providing an impetus to the gem and jewellery industry in India. The exhibition was held at the Chennai Trade Centre from March 10th - 12th, 2017. The show was inaugurated by Chief Guest Mr. KC Veeramani, Honourable Minister for Commercial Taxes and Registration and other key dignitaries, Mr. Jayantilal Chalani, President, MJDMA; Mr. Rajesh Vummidi, Chairman, MJDMA - GJIIE; Mr. Rajendra Jain, Managing Director, Swarovski Gems; Mr. Yogesh Mudras, Managing Director, UBM India and Mr. Abhjit Mukherjee, Group Director, UBM India amidst an august industry gathering.
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Speaking on the successful completion of the 13th edition of GJIIE, Mr. Yogesh Mudras, Managing Director, UBM India said, "The Gems and Jewellery sector in India went through a tough patch last year, owing to a number of global and economic factors. At the same time, it also saw the evolution of the sector from an unorganised to an organised one. The jewellery sector adds about 8% of India's GDP, and South India which is deemed to be the hub for precious and semi-precious studded jewellery, handmade jewellery, casting jewellery and lightweight gold jewellery is also a major consumer of gold and diamond jewellery. These factors really augured well for the show as well as the jewellery sector as a whole. With GJIIE 2017, one of the four-city jewellery shows (Kolkata, Chennai, Hyderabad and Delhi) hosted throughout the year by UBM India, we look to reclaim the lost glitter and sheen in 2017. The overwhelming industry response further validates the industry's need for such a large trade platform to tap the potential of South India's market, for both exhibitors and visitors."
The three day GJIIE 2017 was the second largest gems and jewellery B2B exhibition in India with participation of over 300 exhibitors that include wholesalers, retailers, importers and exporters, jewellery manufacturers, machinery manufacturers, diamond, gemstone, pearl suppliers and traders, precious metal and jewellery mounting traders and suppliers, and representatives from trade and governmental bodies. It was a gateway to the Indian jewellery market, with a special focus on South India's range, and provided an excellent platform for buyers and suppliers to connect, network, exchange ideas, discover upcoming trends and generate business opportunities. The expo was successful in attracting well-reputed local and overseas buyers, reinforcing the expo's position as a proven and trusted sourcing hub for the industry. In addition to Tier I, II and III cities in India, the exhibition witnessed delegate representation from New York, Dubai, Singapore and Malaysia, thus substantiating the international reach and presence of GJIIE 2017.
At the fair, the exhibitors showcased an array of merchandise including diamonds, pearls, gemstones, studded jewellery, exquisite South Indian gold jewellery including Temple Nakshi Jewellery, Stone Studded Jewellery, and Bridal Jewellery such as Manga Malai, Kasu Mala and Pachhi Designs, to name a few. Latest machinery used in the manufacturing process and other related products and services were also on display.
Some of the notable exhibitors who participated at the exhibition this year included leading players from Hyderabad, Bangalore, Chennai, Coimbatore, Kolkata, Mumbai, Jaipur, Delhi, Ahmedabad, Surat and others. The exhibitor names include leading players like Mohanlal Jewellers Pvt. Ltd, Laxmi Jewellery Chennai Pvt. Ltd, Jai Gulab Dev Jewellers, JC Jewellers (Chennai) Pvt Ltd, Mukti gold, Krizz, Emerald Jewel Industry India Ltd, Unique Chain Pvt Ltd, White Fire Diamonds India Pvt Ltd, Prakash Gold Palace Pvt Ltd, Vijay Gems & Jewellery, Grurukrupa Exports, Peeyar Manufacturers, Gitanjali Jewellery Retail Limited, Swarnshilp Chains & Jewellers Pvt Ltd, Chain N Chains, ORO, JKS Jewels, Anmol Swarn, Matushree Gold and Mehta Gold amongst others.
This year, for the first time GJIIE conducted an 'All TN President and Secretary Meet' and 'GJF Zonal Meet' with key associations and apex bodies that discussed the key achievements and challenges of the trade in the state. With young consumers looking less at gold and jewellery as an asset class, and preferring understated, stylish and wearable pieces, the expo with its two-day technical seminar by GIA provided significant insights to those involved in the trade. The 'Gemmology and Spotlight on Synthetics' showcased the array of lab created stones that have similar appearance, as well as chemical, physical, and optical properties as natural ones. One day technical seminars by MSME and SBI on 'Schemes in Jewellery' and 'Metal Gold Loan' provided significant options for those looking at trading in precious metals and stones. Panel discussions on 'Innovative Thinking' and 'Jewellery Technology Transformation' by thought leaders proved useful for new entrants in the industry.
The expo scored high on the visual and aspirational aspect too with a 'Hall of Fame', an eye-catching display of miniatures made from precious metals and gem stones of famous originals. The show also featured a 'Swarowski Gallery', that displayed its new collection of glittering crystals. A fashion show on the evening of Day 2 showcased astonishing pieces of jewellery, capturing the trends of the season which was followed by a networking night for the exhibitors.
About UBM India:
UBM India is India's leading exhibition organizer that provides the industry with platforms that bring together buyers and sellers from around the world, through a portfolio of exhibitions, content-led conferences and seminars. UBM India hosts over 25 large-scale exhibitions and 40 conferences across the country every year; thereby enabling trade across multiple industry verticals. A UBM Asia Company, UBM India has offices across Mumbai, New Delhi, Bangalore and Chennai. UBM Asia is owned by UBM plc which is listed on the London Stock Exchange. UBM Asia is the leading exhibition organizer in Asia and the biggest commercial organizer in mainland China, India and Malaysia. For further details, please visit ubmindia.in.
About UBM plc:
UBM plc is the largest pure-play B2B Events organiser in the world. In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors - from fashion to pharmaceutical ingredients. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions.
For more information, go to www.ubm.com; for UBM corporate news, follow us on Twitter at @UBM or UBM Plc on LinkedIn
Media Contact:
Mili Lalwani
[email protected]
+91-22-61727000
UBM India
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