Page 31 - Bullion World Volume 04 Issue 08 August 2023

Bullion World | Volume 3 | Issue 8 | August 2023

The financial year 2022-2023 has revolutionized the industry, making developments will be crucial in
witnessed a notable surge in bullion bullion trading more accessible and understanding the future trajectory
trading, driven by increased demand efficient. However, the market's of bullion trading in the upcoming
from investors seeking a safe haven volatility and regulatory compliance years.
amidst economic uncertainties. remain significant challenges. As
Technological advancements, we move forward, monitoring global
such as digital platforms, have economic factors and regulatory

SLN Bullion is a prominent bullion As of the financial year 2022-
business that was established 2023, SLN Bullion has achieved
in November 2010, with its remarkable success, recording
headquarters located in Chennai, a substantial bullion business
India. The company began turnover of 2000 crores. This
its operations in Chennai and notable milestone demonstrates the
gradually expanded its presence company's expertise, reliability, and
to Coimbatore and Vijayawada, strong performance in the bullion
solidifying its position as a successful industry.
bullion Dealer in South India.
With its consistent growth and
Over the years, SLN Bullion has customer-oriented approach, SLN
gained recognition and reputation Bullion continues to make strides
Mr Srinivasan in the industry for its commitment in the bullion market, contributing
to providing high-quality bullion to the economic landscape of the
services to its customers. The region and maintaining its status as a
company takes pride in its leading player in the industry.
achievements and is known for its
strong foothold in the South Indian
bullion market.

Vijay Bullion is located in the heart segment for over 53 years.
of the Salem city. Mr N Vijay is the Vijay Bullion is amongst the market
proprietor of Vijay Bullion and it is leaders with the hands of experience
one of the best companies in Tamil of 18 years in the Bullion Industry
Nadu dealing in bullion products like achieving good turnover figures year
Gold And Silver bars of various sizes on year.
and denominations. The company's
continuous desire to serve its The Bullion Field of Vijay Bullion is
customers in the best possible way located in Chennai, Coimbatore and
makes it the best amongst the rest. Salem. Some of the statements by
Mr Vijay was to propose a dollar
Vijay Bullion is a division of K.J.S based exchange like Comex for
Jewellers, a renowned Jewellery hedging purposes and a 24 hour
retailer in Salem district. It was exchange. He also claimed that there Mr Vijay
established and promoted by is a need for education amongst the
Mr P Narasimman Chettiyar in the Bullion dealers regarding refineries
year 1960. K.J.S Jewellers business and trading related to the Bullion
functions under the management of industry. The third point made was
Mr N Gopi, Mr N Anand and about the customs duty which
Mr N Vijay. Being jewellery retail should be reduced. Lastly, the banks
is their prime business, they have must support the bullion dealers with
arrived into bullion market to create respect to the customs duty and
the same confidence and trust which help in a smooth flow of precious
they achieved in retail jewellery metals into the country.

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