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Speaking on the announcement of GJIIE 2017

Yogesh Mudras, Managing Director, UBM India said, “The Indian gems and jewellery industry is expected to grow at a compound annual growth rate of 16% over the period 2014-19, according to industry reports.
The sector is also witnessing changes in consumer preferences due to global influences. Consumers are seeking new, bespoke designs and the organised jewellers are able to fulfil their expectations better than local unorganised players. With India being the world’s second largest gold consumer with an annual demand of nearly 1,000 tonnes, the southern region continues to be the leading consumer of gold within the country and has been witnessing increase in interest from organised jewellery chains for expansion.
Furthermore, after implementation of the Goods and Services Tax (GST) Bill which is a progressive step that will make the industry more structured and transparent, the organised jewellery retailers have seen their market share going up.
GJIIE has been an instrumental platform in encouraging the leading and emerging players of the gems and jewellery industry to reach out to a huge number of domestic as well as international visitors with their premium collections. The expo will showcase heritage jewellery that includes Temple Nakshi Jewellery, Stone Studded Jewellery, and Bridal Jewellery such as Manga Malai, Kasu Mala and Pachhi Designs, modified by contemporary touches.” 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.