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Malabar expands in Kerala, Gujarat
Published in The Saudi Gazette on 17 - 04 - 2014

KOZHIKODE — Malabar Gold & Diamonds, the leading jewelry retailer, expanded it's presence in Kerala by reopening it's Thalassery outlet. The jewelry retailer relocated its outlet to more spacious space. The relocated outlet in AVK Nair Road was inaugurated by Panakkad Sayyid Hyderali Shihab Thangal in the presence of MP. Ahamad, Chairman Malabar Group on April 12, other company officials and well-wishers.
The group also expanded further in Gujarat by opening a new outlet in Ahmedabad. The outlet located near Panchavathi Circle, CG Road, Ahmedabad, was inaugurated by leading Bollywood actor Anil Kapoor, in the presence of MP. Ahamad, Chairman Malabar Group, Mr. Asher, Group Executive Director, Malabar Gold & Diamonds, on April 13.The outlet in Ahmedabad is the 113th worldwide and 2nd in Gujarat.
Malabar Gold & Diamonds focus has always been on providing a wide range of choices for jewelry customers who seek excellent value for money. But, their true strength is the shopping experience, with appealing stores staffed by friendly and knowledgeable jewelry consultants who are trained to help the customers in their purchasing decisions.
Their branded jewelry collection includes Era- Uncut Diamond Jewelry, Ethnix- Handcrafted Designer Jewelry, Mine- diamonds unlimited, Divine- Indian Heritage Jewelry, Precia- Precious Gem Jewellery and Starlet- Kids Jewelry.
The retail chain has 113 outlets worldwide, out of which 75 are in India, 37 are in the GCC countries & 1 outlet in Singapore. At present Malabar Gold & Diamonds have 2 showrooms in Gujarat located at Rajkot & Ahmedabad. A few more are planned in Baroda & Surat in the coming years.
The group also represents the Far East with 1 outlet in Singapore and now they are looking for expansion in Hong Kong, Malaysia and Indonesia. The group is also planning to spread its wings to European markets starting with UK and US. When it comes to CSR activities, the group is also in the forefront. They set apart 10 percent of its net profit to the benefit of needy and focus primarily in five priority areas such as health, education, environment, housing and women empowerment. — SG


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