Chennai: UBM India, the largest organizer of jewellery fairs in India, announced the launch of its premium international B2B jewellery fair in South India – the Chennai Jewellery & Gem Fair (CJGF). It is scheduled to be held between 20th – 22nd October, 2018 at the Chennai Trade Centre. The expo will be well-supported by the prominent jewellery association – the Chennai Jewellers Association and will showcase over 150 exhibitors.
The expo will be an excellent platform for jewellery wholesalers, retailers, importers and exporters, jewellery manufacturers, diamond, gemstone, pearl suppliers and traders, precious metal and jewellery mounting traders and suppliers, machinery manufacturers and representatives from various trade and governmental organisations, to come under one roof to meet, connect, network and grow their businesses. In addition to Tier I, II and III cities in India, the exhibition will have delegate representatives from Singapore, Bangladesh, Nepal, Middle East and Malaysia among other countries.
The CJGF is one of the five-city jewellery shows (Kolkata, Chennai, Hyderabad, Mumbai and Delhi) that will be hosted throughout the year by UBM India. Internationally, UBM plc organises the World’s Biggest Jewellery Trade Event – The Hong Kong Jewellery & Gem Fair.
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.”
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