Chennai-based Krizz Jewellery to invest Rs. 100 cr in Gujarat in FY16

The company will be launching B2B showrooms in New Delhi, Mumbai and Dubai.

Post By : IJ News Service On 20 August 2015 10:02 AM
UBM India is partnering with eBay India to educate jewellery manufacturers and retailers on the current online trends in the industry and on the scope of selling online. In India, UBM holds the lead position with events in jewellery with Gems and Jewellery India International Exhibition (GJIIE) in Chennai, Hyderabad Jewellery, Pearl & Gem Fair (HJF), Mumbai Jewellery & Gem Fair (MJGF) and this year with the much awaited Delhi Jewellery Gem Fair (DJGF) shows.%% As a result of taking on eBay as an education partner, UBM India can extend a multitude of benefits for manufacturers and retailers in the jewellery industry, including: Free 3 Months basic e-Store Subscription, Zero setup cost for e-commerce operations, 24 hours x 7 days a week operation online, Ability to export directly to end-consumers across 39 countries, Increase revenue by selling directly to international consumers and Higher price realization & profits.%% Abhimanyu Lal, Head- Category Management, eBay India noted, “eCommerce is increasingly becoming mainstream, with entrepreneurial Indians exporting products to a wide audience internationally. eBay presents a great entrepreneurial opportunity for Indian merchants to leverage the eBay global platform and large buyer base of more than 102 million active users across the world. We are keen to evangelise to entrepreneurs to provide them with the ability to scale their businesses globally and grow their sales profitably and sustainably. In fact, Jewellery is a very popular category on eBay India & comprises 38% of all Retail Exports.” %% Sanjeev Khaira, Managing Director of UBM India said, “We are delighted to have a major brand like eBay on board to support our portfolio of jewellery shows in India. I believe that the world's leading online trading platform working with us is a reflection of UBM’s global strength in the sector and more specifically shows how UBM is innovating across the four jewellery shows it holds in Hyderabad, Delhi, Mumbai and Chennai.”%% UBM plans to expand and grow Pan India in the coming years. In partnership with eBay, UBM is able to deliver innovative business strategies to the jewellery trade and will continue to ensure that business in India moves strongly ahead into the digital age by providing educational seminars to help retailers move ahead in ecommerce, locally and internationally.%%

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