Malabar Gold & Diamonds inaugurates two new showrooms in India

Published: Sat 20 Mar 2021, 6:13 PM

Malabar Gold & Diamonds, one of the largest jewellery retailers globally with a strong retail network of over 250 outlets spread across 10 countries, inaugurated two new showrooms in Bhubaneshwar, Odisha and Anna Nagar, Chennai, Tamil Nadu. The Bhubaneshwar store was inaugurated by Sabyasachi Mishra (Indian film actor), in the presence of M P Ahammed (Malabar Group chairman); P.A. Ibrahim Haji (Malabar Group co-chairman); O Asher (managing director - India Operations, Malabar Gold & Diamonds); Shamlal Ahamed (managing director - International Operations, Malabar Gold & Diamonds); Abdul Salam KP (group executive director - Malabar Group), P.K Siraj (national retail head, Malabar Gold & Diamonds) and other senior management officials. The store in Anna Nagar, Chennai was inaugurated by Kalanidhi Veeraswamy, Member of Parliament (North Chennai) and other senior management officials. This is the 16th outlet of the brand in Tamil Nadu.

Both the stores are part of the global expansion plan of the jeweller and its vision to strengthen its retail presence in India. The aesthetically-designed showrooms offer a superior shopping experience along with extraordinary design diversity with quality assurance and wonderful after-sales customer service. A remarkable range of bridal jewellery, traditional jewellery, daily wear jewellery in gold, diamond and platinum will be displayed in both stores along with hand-picked designs from the popular sub-brands of Malabar Gold and Diamonds such as Mine  - diamond jewellery, Era - uncut diamond jewellery, Divine - Indian heritage jewellery, Ethnix - handcrafted jewellery collection, Precia - precious gem jewellery, Zoul - lifestyle jewellery and Starlet - kids jewellery. Both the stores will offer jewellery for all personal and special occasions and daily use. Both the showrooms offer a safe and hygienic retail ambience to its customers by complying with the safety guidelines issued by the authorities and have also adopted all the required precautions and safety measures. 

"The store in Bhubaneshwar will help us further expand our presence in eastern India in addition to bringing an element of novelty to our main foray into Odisha. Our retail expansion is a part of our plan to become the number one gold retail brand in the world in terms of both showroom count and sales. So, we have plans to triple the number of showrooms in the next five years," said Malabar Group chairman MP Ahammed.

As part of its commitment, Malabar Gold & Diamonds safeguards the purchases of customers through a set of policies named the 'Malabar Promise':

  • Complete transparency - Totally transparent and detailed invoice and price tag.
  • Tested and certified diamonds - Every diamond passes through 28 internal quality tests and is also certified by international labs
  • Guaranteed buyback - Best buyback value for gold and diamond jewellery
  • Zero deduction gold exchange - Full value, without any deductions on the exchange of 22-carat gold
  • 916 hallmarked pure gold - All jewellery hold 916 hallmark certification, a guarantee of purity
  • Assured lifetime maintenance - at over 250 stores across 10 countries
  • Responsibly sourced - Sourced in a responsible manner to protect the environment and stakeholders, for the jewellery to be truly auspicious

The Malabar Group commits a fixed percentage of its profit to support socially responsible purposes both in India and abroad, since its inception in 1993. Education, health, women empowerment, affordable housing and environmental protection are the focus areas for the group.

TOP: Kalanidhi Veeraswamy, Member of Parliament (North Chennai) inaugurating the new showroom of Malabar Gold and Diamonds at Anna Nagar, Chennai in the presence of Yasar K B (regional head, Malabar Gold and Diamonds, Tamil Nadu), other management officials and well-wishers.

BOTTOM: Indian film actor Sabyasachi Mishra inaugurating the first showroom of Malabar Gold and Diamonds in Bhubaneswar, Odisha in the presence of P.K Siraj (national retail head, Malabar Group), cluster heads, distinguished guests and well-wishers.

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