Malabar Gold & Diamonds launches its 7th Outlet in Malaysia at Little India, Klang
- Honorable Y B Tuan Ganabatirau A/L Veraman the member of parliament from Klang, Selangor State Council Executive & Council Member from the State of Kota Kemuning, inaugurated the latest showroom on 25th Feb.
- The event was virtually attended by Mr. M P Ahammed, Chairman, Malabar Group; Mr. KP Abdul Salam, Vice-Chairman, Malabar Group; Mr. Shamlal Ahamed, Managing Director – International Operations, Mr. O Asher, Managing Director – India Operations, other team members, well-wishers, and dignitaries.
With an impressive network of over 305 outlets spread across 10 countries, Malabar Gold & Diamonds, the 6th largest jewellery retailer in the world, launched its 7th showroom in Malaysia at Little India, Klang on the 25th of February. The showroom was inaugurated by Honorable Y B Tuan Ganabatirau A/L Veraman, Member of Parliament from Klang, Selangor State Council Executive & Council Member from the State of Kota Kemuning in the presence of Mr. Ajith Murali, Regional Head, Far East, Malabar Gold & Diamonds, Mr. Nijeesh P, Branch Head, Malabar Gold & Diamonds, and Mr. Aljas CV, Deputy Branch Head, Malabar Gold & Diamonds. The event was virtually attended by Mr. M P Ahammed, Chairman, Malabar Group; Mr. KP Abdul Salam, Vice-Chairman, Malabar Group; Mr. Shamlal Ahamed, Managing Director – International Operations, Mr. O Asher, Managing Director – India Operations, Mr. Nishad AK, Group Executive Director, Manufacturing & B2B, Malabar Group other team members, well-wishers, and dignitaries.
The new showroom houses a magnificent display of skillfully crafted jewellery in 22K gold, polished diamonds, uncut diamond jewellery & precious gems ranging from lightweight daily wear to bridal jewellery in traditional as well as contemporary designs.
“Malabar Gold & Diamonds started its operation in Malaysia in the year 2015 at Jalan Masjid India, Kuala Lumpur and since then we have had a great run in the country. This is our 7th showroom in Malaysia and our expansion plans would not have been possible without the trust that our loyal customers have placed in us. We thank them for their loyalty and for propelling us to our undisputed position as the most trusted jeweller in the region. We will continue to strengthen our retail presence in Malaysia with more store openings across multiple states in the country. We have scheduled 2 new showrooms to be launched in Seremban town & Ipoh, slated to be opened in the coming months, ensuring our commitment to bringing the finest jewellery shopping experience to the people of Malaysia. The acceptance and patronage received by the brand in Malaysia gives us the confidence to further speed up our expansion plans in line with our goal of becoming the number one jewellery retailer globally,” commented Mr. MP Ahammed, Chairman, Malabar Group
Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the ‘Malabar Promise’ of incomparable quality and service assurance. Malabar Promise includes assured lifetime maintenance from any of the showrooms across 10 countries, guaranteed buyback, IGI and GIA-certified diamonds ensuring 28-point quality check of global standards, zero deduction gold exchange, complete transparency, 916 hallmarked pure gold, responsible sourcing, fair price policy and fair labour practices.
Apart from expanding further within existing markets, Malabar Gold & Diamonds has immediate expansion plans into new markets such as the UK, Bangladesh, Australia, Egypt, Canada, Turkey & South Africa.
Malabar Group believes that the most successful companies are those which integrate responsibility and sustainability into their core business and commit 5% of their profit to support socially responsible purposes both in India and abroad, since its inception in 1993. Hunger, Health, Education, Women Empowerment, Housing and Environment are the key focus areas for the Group.
Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
With an annual turnover of $4.1 billion, the company currently ranks as the 6th largest jewellery retailer globally and today has a strong retail network of 305 outlets spread across 10 countries in addition to multiple offices, design centers, wholesale units and factories spread across India, Middle East, Far East & USA. The group, owned by more than 4,000 shareholders, has more than 16,500 professionals from over 26 countries working towards its continued success. Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes.
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.
CSR has been the primary commitment of the group since its inception; integrating ESG (Environmental, Social & Governance) principles into the core business. The key CSR focus areas of Malabar Group are Hunger, Health, Education, Women Empowerment, Housing, and the Environment. The ESG goals of the organization are periodically strengthened by integrating responsibility and sustainability to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation