Malabar Gold & Diamonds inaugurates new showroom in Agra, Uttar Pradesh, India
Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 260 outlets spread across 10 countries, inaugurated its 6th store in UP in Agra. The showroom was virtually inaugurated by Mr. M.P. Ahammed, Chairman, Malabar Group. Chief guest Mayor Naveen Jain opened the showroom for customers. Key Malabar Gold & Diamonds dignitaries including Malabar Group Co-Chairman Dr. P.A. Ibrahim Haji; K.P. Abdul Salam, Vice Chairman, Malabar Group; Shamlal Ahamed, Managing Director, International Operations, Malabar Gold & Diamonds; O Asher, Managing Director, India Operations, Malabar Gold & Diamonds and other management team members also joined the inauguration. With a wide range of collections to suit traditional and contemporary tastes and the promise of a world class shopping experience, the new store in Agra further boosts the brand’s retail presence in the state.
The store offers a luxurious ambience and brilliant designs crafted in pure gold, diamonds, precious gemstones and platinum. The store also showcases popular jewellery sub-brands of Malabar Gold and Diamonds such as Ethnix handcrafted jewellery, Mine diamonds, Era uncut jewellery, Precia gemstone jewellery etc.
Malabar Group Chairman MP Ahammed said, “We are committed to providing quality products and superior services to our customers. Our new store in Agra will offer a great shopping experience while ensuring the health and safety of our customers. With our quality-driven and customer-centric retail strategy, we aim to further our 28 years’ legacy and become the world’s most preferred jeweller.”
Malabar Gold & Diamonds is always committed to maintaining transparency of the highest level in business practices. Malabar Gold and Diamonds has introduced Fair Price Promise as part of its commitment to customers, which focuses on assigning reasonable making charges to a vast range of products. Moreover, Malabar Gold & Diamonds offers 10 promises to its customers. The commitments include a transparent price tag indicating the exact manufacturing cost, stone weight, net weight and stone charge of the jewellery, assured lifetime maintenance for the jewellery, 100 per cent value for gold when reselling old gold jewellery and zero deduction on exchange, 100 per cent 916 hallmarking certifying the purity of gold, IGI and GIA certified diamonds ensuring 28-point quality check of global standards, buyback guarantee and responsible sourcing and fair labour practices.
As part of the group’s CSR initiative, Malabar Gold & Diamonds will allocate 5% of the profit earned by the Agra store for various charitable and philanthropic activities in the region.
Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 260 outlets spread across 10 countries, 14 wholesale units in addition to offices, design centers and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally.
With 14 cluster manufacturing units in India and GCC – the company currently has 12 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala and branches across India, Middle East, Far East and USA, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles.
The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.
The group, owned by over 4,000 shareholders excels in quality products and services, has more than 13,000 professionals working for its continued success.
Malabar Gold & Diamonds also features an online store http://www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry any time and on any day from the comfort of their home.
The group is always proactive when it comes to CSR initiatives right from its inception. The key focus areas of the CSR initiatives of Malabar Group are in the areas of Health, Education, Women Empowerment, Housing and Environment. The organization has kept aside 5% of its profit for enabling CSR activities in all the regions that they operate.