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Malabar Gold & Diamonds Touches Another Landmark, 150 Showrooms Across 9 Countries


News provided by

Malabar Gold Pvt Ltd

07 May, 2016, 19:15 IST

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Bollywood actress Ms.Kareena Kapoor Khan inaugurating the 150th showroom of Malabar Gold & Diamonds at Belagavi(Belgam), Karnataka in the presence of Malabar Group Chairman M.P. Ahammed, Malabar Gold & Diamonds M.D.(India) Asher O., Group Executive Directors K.P.Abdul Salam, A.K. Nishad, Regional Head Iflu Rahman & other distinguished guests. (PRNewsFoto/Malabar Gold Pvt Ltd)
Bollywood actress Ms.Kareena Kapoor Khan inaugurating the 150th showroom of Malabar Gold & Diamonds at Belagavi(Belgam), Karnataka in the presence of Malabar Group Chairman M.P. Ahammed, Malabar Gold & Diamonds M.D.(India) Asher O., Group Executive Directors K.P.Abdul Salam, A.K. Nishad, Regional Head Iflu Rahman & other distinguished guests. (PRNewsFoto/Malabar Gold Pvt Ltd)

BELAGAVI, India, May 7, 2016 /PRNewswire/ --

Bollywood actress Ms.Kareena Kapoor Khan inaugurating the 150th showroom of Malabar Gold & Diamonds at Belagavi(Belgam), Karnataka in the presence of Malabar Group Chairman M.P. Ahammed, Malabar Gold & Diamonds M.D.(India) Asher O., Group Executive Directors K.P.Abdul Salam, A.K. Nishad, Regional Head Iflu Rahman & other distinguished guests.  

     (Photo: http://photos.prnewswire.com/prnh/20160507/364881 )

Malabar Gold & Diamonds, one among the prominent jewellery retail groups touches the landmark of 150 showrooms with the inauguration of their five new showrooms at Oman, Sharjah, Mehdipatnam and Belagavi. Bollywood actress Kareena Kapoor inaugurated the 149th and 150th showrooms on April 30 at Mehdipatnam and Belagavi respectively.

Malabar Gold & Diamonds have arranged the trendiest and widest collection of special jewellery at attractive prices for this Akshaya Tritiya. Book your jewellery in advance with special offers to avoid last minute rush in our stores..

"We have seen a greater appetite among consumers in India and abroad, who have continued to throng our outlets for more gold and diamond jewellery during festivals like Akshaya Tritiya.  With the opening of our new showrooms we will be able to satisfy our customers with more value added services," says Malabar Group chairman, M P Ahammed.

The group has completed 22 years in jewellery retail industry and is currently expanding their business in countries like Hong Kong and Indonesia. Along with the contemporary designs, more will be added to their customized range of jewellery that is region and cultural specific. Apart from gold jewellery including handcrafted, traditional heritage and precious gem jewellery, Malabar Gold & Diamonds also showcases a huge collection of diamonds, uncut diamonds, platinum and silver jewellery for men, women and kids.

The jewellery group has been conducting artistry branded shows and orientation programmes on diamonds and precious jewellery for their premium customers. Their value-added services include lifelong free maintenance, one-year free insurance coverage and buyback guarantee for all its ornaments. 

The group plans to operate 300 showrooms by 2020. In line with the Prime Minister's 'Make in India' initiative, Malabar Group are also expanding their manufacturing units at the KINFRA industrial park in Kerala and also in West Bengal, Gujarat and Andhra Pradesh, with the most advanced systems and technology. Through these units they will introduce handcrafted jewellery and gift articles, as an Indian brand that reflects the craftsmanship of Indian artisans, all over the world. These manufacturing units are also expected to provide job opportunities to more than 5000 skilled workers. The group is planning to export Rs 2000 crores worth gold jewellery to foreign countries in this financial year.

The group has set apart 5 per cent of their net profit for CSR activities, and as part of their charity programmes, have decided to spend Rs 20 crores for the construction of 4000 homes. For the next three years, the group has earmarked Rs 91 crores for CSR activities.

Customers can also shop their favourite jewellery from the comforts of their home at http://www.malabargoldanddiamonds.com, and it is now available in Flipkart and Amazon. 

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