9 May 2016
Malabar Gold & Diamonds marks opening of 150th showroom
Malabar Gold & Diamonds, the jewellery retail group, has announced the milestone of 150 showrooms with the inauguration of five new showrooms in Barka, Oman; Sharjah, UAE; as well as Mehdipatnam and Belagavi (Belgam) in India.
The 22-year-old group is currently expanding their business in Hong Kong and Indonesia. The group plans to operate 300 showrooms by 2020. "With the opening of our new showrooms we will be able to satisfy our customers with more value added services," says Malabar Group Chairman MP Ahammed.
In line with the Prime Minister's 'Make in India' initiative, Malabar Group is implementing advanced technology at manufacturing facilities in the KINFRA industrial park in Kerala and also in West Bengal, Gujarat and Andhra Pradesh in India. These manufacturing units are also expected to provide job opportunities to more than 5,000 skilled workers.
Along with contemporary designs, the brand is adding region- and culture-specific items to its customised range of jewellery. Apart from gold jewellery including handcrafted, traditional heritage and precious gem jewellery, Malabar Gold & Diamonds also showcases diamonds, uncut diamonds, platinum and silver jewellery for men, women and children. The jewellery group's value-added services include lifelong free maintenance, one-year free insurance coverage and a buyback guarantee for all ornaments.
Customers can also shop their favourite jewellery online directly from the company, as well as via Flipkart and Amazon.