Council Initiatives
Demostic
International gold BSM - Chennai- 2-4 Oct, 2013
Chennai to host First International Gold Buyer Seller Meet from 2nd to 4th October, 2013

Organized by GJEPC, the event will bring together leading gem and jewellery industry players of India, Singapore, Malaysia and UAE over a 3 days forum to be held at the Hyatt Regency, Chennai

Chennai, September 15, 2013: The First International Gold Buyer Seller Meet organized by the Gem and Jewellery Council in Chennai is not only the first for the product segment, but it is the very first time that the Council will be hosting a Buyer Seller Meet in the city of Chennai; the location of GJEPC’s regional presence in South India. With its objectives of promoting India as the international gem and jewellery destination, the GJEPC has been continuously working on exploring new markets, reinforcing presence in existing markets as well as actively promoting the various gem and jewellery product segments.

The 3-day event will be inaugurated by the Hon’ble. Chitra Devi Ramiah, Consul General, Consulate General of Malaysia on October 2, 2013 at the Hyatt Regency, Chennai, the venue of the BSM and over the duration of the three days, several business meetings, discussions and networking will be held between the participants to understand and explore business prospects between the countries. A Grand Gala Networking event will be held on October 3, 2013 during which Shri. Sanjay Kumar Agarwal, Commissioner of Customs, Air, Chennai as the Chief Guest will felicitate the gem & jewellery industry association heads for their respective associations’ contribution towards the benefit of the industry in the South. Such felicitation is being held for the first time by GJEPC as a recognition of the growing contribution of the gem and jewellery industry of Southern India.

The International Gold BSM will bring together leading industry names from countries such as Singapore, Malaysia and UAE that are home a large South Indian populace and are traditionally markets that have high consumption for gold jewellery. Having had historically shared very close cultural and historic ties with India the BSM aims to capitalize on the high export prospects for gems and jewellery from Southern India to these countries. The main objective of the BSM is to promote “Gold” from South and the format of the BSM is focused on the product enabling buyers from numerous “gold” buying countries and not specific regions or target groups.

Speaking about the International Gold Buyer Seller Meet, Mr. Vipul Shah, Chairman, GJEPC said, “India is fast emerging as the international jewellery hub and Buyer Seller Meets over the years have proven to be effective platforms allowing for closer networking and conduct of business between leading industry players of India and the participating countries. The BSMs also are in line with the Council’s plans to explore newer markets and regions around the globe with the aim to accelerate manufacturing exports”.

The participants from India include well-established and leading names in the production of high quality gold jewellery, providing the visiting buyers a whole gamut of products that could suit their various requirements. Mr. Princeson Jose, Regional Chairman, Southern Region, GJEPC said, “the BSM is being organized in Chennai for the first time with the aim to foster continued trade relations with the target markets, further strengthen our understanding of their requirements, and establish closer synergy. The manufacturers of Southern India have a wide and unique product manufacturing capabilities that aptly meet the sensibilities and requirements of the participating countries and through this platform; we look forward to enhancing exports from the Southern India”.

The GJEPC buyer-seller programmes conducted in the past have proved immensely successful as the Indian manufacturers and exporters have the opportunity to showcase their manufacturing prowess and share insights about the Indian jewelry manufacturing, supply chain, business practices and culture to a captive audience, thereby forging closer ties with buyers.

The 16 leading participating companies from India include Anmol Jewellers Hyderabad, Krizz Chennai Lakshmi Jewellers Hyderabad, Mamraj Musaddilal Jewellers Hyderabad, Meenakshi Jewellers Hyderabad,  Mehta Diamonds And Gold Bangalore, Murari Exports Hyderabad, Opal International Exports Coimbatore, P. Managatram Jewellers.Pvt.Ltd Hyderabad, Peeyar Exporters Thrissur, Prince Gem & Jewellery Pvt Ltd Chennai, RKR Gold Pvt.Ltd Coimbatore, Shiv Narayan Jewellers Hyderabad, Sri Navdurga Gems and Jewels Hyderabad, Sunita Jewels Hyderabad and Unique Chains Pvt Ltd Mumbai.

Notes to Editor:

The Gem & Jewellery Export Promotion Council is an all - India apex body for Gem & Jewellery representing 5,500 members. Set up in 1966, it operates under the supervision of the Ministry of Commerce & Industry, Government of India.

For more information on the release contact:

Mr. Ruban Hobday, GJEPC – Tel: +91-9840053930
Ms. Sangita Pai, GJEPC – Tel: +91-988 77538 04
Mr. Abhishek Savant – Clea PR – Tel: +91-810 88488 22

© 2013 GJEPC