HYDERABAD, India, May 28, 2015 /PRNewswire/ --
A Trade Extravaganza by India's Leading Jewellers in the City of Pearls
UBM India today announced the 8th edition of the three-day Hyderabad Jewellery, Pearl and Gem Fair (HJGF 2015). The mega B2B gem and jewellery extravaganza will be held at the HITEX Exhibition Centre from June 5 to June 7, 2015.
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Over 150 exhibitors will participate this year, comprising of jewellery brands, wholesalers, retailers, importers, exporters, diamond and gemstone suppliers and representatives from trade and government organisations. Top manufacturers from Hyderabad and surrounding regions will showcase their popular Nizam and Hyderabad style jewellery at the fair.
HJGF 2015 promises to be a gateway to the Indian jewellery market, providing an excellent platform for buyers and suppliers to connect, network, exchange ideas, discover upcoming trends and generate business opportunities. At the three-day fair, the exhibitors will present a wide range of merchandise including diamonds, pearls, gemstones, exquisite gold jewellery, latest machinery and equipments used in the manufacturing process and related products and services.
Further, the government of India has declared the sector as a focus area for export promotion based on its potential for growth and value addition. The government has recently undertaken various measures to promote investments and to upgrade technology and skills to promote brand India in the international market. The Indian market for gems and jewellery is also predicted to enjoy a compound annual growth rate of 14.93 percent between 2012-2016, as identified by a research and market report.
Speaking on the occasion, Mr Yogesh Mudras, Acting Managing Director, UBM India, said, "As per UBM India's recent study with D&B, in 2014 the gems and jewellery sector contributed 6-7% to India's GDP. India is amongst one of the world's fastest growing Gem and Jewellery markets with South India being the biggest market. While our organised jewellery retail is still nascent, the opportunity for growth is unlimited. The sector is witnessing changes in consumer preferences with increasing demand for innovative designs and variety in jewellery. HJGF has been instrumental in bridging the gap between this industry demand and supply for its participating exhibitors and visitors and this edition will continue in its intent to further fulfil the needs of the industry."
Notable exhibitors participating in this year's fair include Jai Gulab Jewellers, Krizz, Bhindi Jewellers, Chintamani Gold, N D Diamonds Pvt Ltd, Thermo Fisher Scientific India Pvt Ltd, Laxmi Diamonds, Emerald Jewellery Industry India Ltd, Fischer Measurement Technologies, Meenakshi Jewellers, Hari Krishna Exports among other prominent players in the industry. Hyderabad Jewellery, Pearl and Gem Fair (HJGF 2015) is supported by key jewellery associations from across South India including the Hyderabad Jewellers Manufacturers Association (HJMA), AP Gold Silver & Diamond Merchant Association, Narsaraopet Jewellers Association.
Vijaya Kumar, President, Narasaraopet District, said, "We really appreciate UBM India's efforts in organizing HJGF event every year. The organizing team understands the requirements of all the importers, exporters, distributors and other value chain players and through this event helps us to showcase of our product offerings to the retailers."
Mahendra Tayal, President, HJMA, said, "UBM India's HJGF is the right platform for the industry players to showcase the latest offerings to the customers. It is also one of most successful events organised every year that connects large scale traders with the retailers in the region. We have seen an encouraging response from the visitors and expect the 8th edition to be as successful as its previous editions."
UBM has been an integral part of the jewellery industry for nearly three decades now, organizing similar renowned jewellery fairs worldwide. GJIIE Chennai is one of the five-city (Kolkata, Chennai, Hyderabad, Delhi and Gujarat) jewellery shows hosted throughout the year by UBM India. Following its debut in 2008, the 7th edition of the HJF in 2014 created the right business opportunities for the industry and the fair attracted exhibitors from domestic and International markets with resounding result. The fair drew large number of buyers and sellers for the three day fair and looking at the immense popularity of the event, this year's visitor attendance is expected to cross over 5000 visitors.
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 & 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 www.ubmindia.in.
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