Published
Apr 17, 2023
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Damas Jewellery explores India entry with BDB visit

Published
Apr 17, 2023

UAE-based fine jewellery brand Damas Jewellery made a visit to the Gem and Jewellery Export Promotion Council’s head office at the Bharat Diamond Bourse in Mumbai to explore the possibility of retailing in the Indian market. 

Damas Jewellery could soon enter the Indian market - Damas Jewellery- Facebook


Damas Jewellery’s chairman and CEO Luc Perramond met with GJEPC chairman Vipul Shah, vice president Kirit Bhansali, and executive director Sabyasachi Ray in Mumbai to explore collaborations and business partnerships, the GJEPC reported on its website. Perramond also discussed the GJEPC’s trade show India Gem and Jewellery Show Dubai.
 
“We have longstanding relationships with several manufacturers in India and these business ties will only grow stronger with the CEPA agreement that was signed between India and UAE,” said Perramond on his first professional visit to India, the GJEPC reported. “We are here to explore whether Damas should enter the Indian market.  We had a presence in India a while ago, and the brand recall is strong and we have a loyal client base. We are the largest jewellers across the GCC including countries like KSA, Kuwait, Qatar, and Oman.”

Damas Jewellery is currently planning on expanding in numerous international markets. The business is the first jewellery brand in the Middle East to launch lab grown diamond jewellery and is leading the expansion of this segment in the region. 
 
Damas Jewellery was founded in 1907 and opened its first store in Dubai in 1959, according to its website. The brand retails from its dedicated e-commerce store and brick-and-mortar outlets across the UAE. 
 

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