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Posted On: 03/15/2024 6:00:56 PM
Post# of 187
NetworkNewsBreaks – GEMXX Corp. (GEMZ) Poised for Opportunity in Burgeoning Indian Market
GEMXX (OTC: GEMZ), a leading mine-to-market company focused on mining and producing jewelry out of gold and ammolite, recently provided a positive outlook covering India’s burgeoning markets for colored gemstones and jewelry. “In the press release, GEMXX highlighted recent industry forecasts, which anticipate that the jewelry market in India will surge by US$21.54 billion between 2023 and 2027, representing an impressive CAGR of 5.54%. This growth, GEMXX holds, is positioning India as a key player in the global jewelry arena. The company also singled out the colored gemstones market in India, which analysts expect to reach US$707.8 million in 2024 and US$1.9 billion by 2033, marking a robust 10.5% CAGR between 2023 and 2033,” a recent article reads. “According to Jay Maull, CEO of GEMXX Corp., ammolite, a relatively recent addition to the Indian colored gemstone market, has the potential to attract a significant portion of buyers seeking something innovative or distinct from conventional colored gemstones. Against this backdrop, GEMXX is positioned to take advantage of this growing trend by offering a wide array of ammolite products to cater to the evolving preferences of the Indian market.”
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://nnw.fm/GEMZ
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
GEMXX (OTC: GEMZ), a leading mine-to-market company focused on mining and producing jewelry out of gold and ammolite, recently provided a positive outlook covering India’s burgeoning markets for colored gemstones and jewelry. “In the press release, GEMXX highlighted recent industry forecasts, which anticipate that the jewelry market in India will surge by US$21.54 billion between 2023 and 2027, representing an impressive CAGR of 5.54%. This growth, GEMXX holds, is positioning India as a key player in the global jewelry arena. The company also singled out the colored gemstones market in India, which analysts expect to reach US$707.8 million in 2024 and US$1.9 billion by 2033, marking a robust 10.5% CAGR between 2023 and 2033,” a recent article reads. “According to Jay Maull, CEO of GEMXX Corp., ammolite, a relatively recent addition to the Indian colored gemstone market, has the potential to attract a significant portion of buyers seeking something innovative or distinct from conventional colored gemstones. Against this backdrop, GEMXX is positioned to take advantage of this growing trend by offering a wide array of ammolite products to cater to the evolving preferences of the Indian market.”
NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://nnw.fm/GEMZ
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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