The product profile of the event covered
China's jewelry stores are expanding into smaller inland cities as demand for gold rises amongst the country's increasingly affluent consumer base.
Reuters reports that while jewelry stores have long been ubiquitous features of commercial districts in China's booming coastal cities, sellers are now spreading to traditionally less developed 3rd and 4th-tier cities where local economies are belatedly maturing.
According to Leon Zhao of research firm Frost & Sullivan 3rd and 4th tier cities will in future "be the main engine of China's jeweler market," with the company projecting that cities at the third-tier and below will comprise over 40% of the Middle Kingdom's total jeweler market by 2015.
Jewellery continues to comprise the bulk of Chinese spending on gold, accounting for two-thirds of demand last year with the remainder taken up by investment purchases. Gold remain popular as a gift for traditional celebrations such as weddings, while more sophisticated consumers in the big cities are also cultivating a taste for platinum.
China's increasing predilection for gold has been a significant factor in the precious metal's recent price spike. The country currently vies against India as the world's biggest gold market, with consumption rising 13% year-on-year in 2011 according to World Gold Council figures.
Data also indicates that China was the biggest gold producer in 2011, with some speculating that the country is becoming a "bullion superpower" due the sheer scarcity of exported gold bars.
India Market Days is a project approved by Ministry of Textiles and is funded under the Market Access Initiative (MAI) Scheme of Ministry of Commerce & Industry,sophisticated Movado Women's BelaModa stainless steel bracelet Watch. Government of India for inviting overseas buyers and buying agents under Reverse BSM.Coherent Offers Laser Cutting and laser cutting machine Instrumentation,
Apparel Export Promotion Council (AEPC) an apex body of Indian apparel exporters has organized the ‘India Market Days’ at Apparel House,Tungsten Rings.com offers name brand tungsten ring for men and women. Gurgaon, its world class venue for the business of fashion from 5th to 7th November 2012. Chairman (F & B) Mr. HKL Magu in his statement welcomed the buyers and said, “The event will help the garment exporters find the right partners for their business. Through Apparel House, we have provided them with the well spaced showrooms wherein they can interact and negotiate good business.”
Market Days is one of the endeavors for AEPC’s export promotion initiatives for the year 2012-13 wherein we are hopeful that the apparel exporters will generate good business deals with buyers from the continent countries. Another set of Market Days will be organized in the month of September and November, 2012.
The product profile of the event covered the entire value chain of the textile and clothing industry and included the following:
In order to boost Indian exports of garments and fashion accessories, more than 100 show-room holders are going to exhibit their latest collections to buyers from countries like Greece, Australia, Botswana, South Africa, Ecuador and USA. Some of the leading buying agents like UCB, Numero Uno, Reebok, Li & Fung, Texport India Inc,Wholesale sourcing from verified stainless steel jewelry supplies . to name a few were part of this event.
Exhibitors/ showroom holders are from cities like Jaipur, Gurgaon, Noida, New Delhi, Ludhiana etc. Buyers from Japan, Vietnam, Taiwan, Hong Kong, etc visited the India Market Days fair.
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