Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 250 outlets has opened its 2nd outlet in USA at Iselin, New Jersey. The brand new outlet of Malabar Gold & Diamonds was inaugurated by Mr. John McCormac, Mayor of Woodbridge Township, New Jersey in the presence of Mr. MP Ahammed, Chairman, Malabar Group; Dr. PA Ibrahim Haji, Co-Chairman, Malabar Group; Mr. Shamlal Ahamed, Managing Director – International Operations, Malabar Gold & Diamonds; Mr. Abdul Salam KP, Group Executive Director, Malabar Group; Mr. Asher O, Managing Director – India Operations, Malabar Gold & Diamonds; Mr. Joseph Eapen, President – US Operations, Malabar Gold & Diamonds; other directors, management team members, media and well-wishers on 31st August. The new showroom is located at 1348 Oak Tree road, Iselin, New Jersey. Malabar Gold & Diamonds has made their grand entry in USA on November, 2018 by opening their 250th store globally and the first showroom in USA at Chicago, 2652 West Devon Avenue, Illinois.
The Group currently operates retail outlets spread across ten countries in the India, Middle East, Southeast Asia and USA. The company’s plan of major expansion includes expansion within existing markets and new territories such as Bangladesh, Sri Lanka, Australia, Canada, Egypt and Turkey. As a part of expansion in India and abroad in line with its FY2023 global expansion plan, Malabar Gold & Diamonds will open 21 new stores in the coming 6 months.