Malabar Gold & Diamonds, one of the largest global jewellery retailer has opened two new showrooms in India as part of its global expansion plans. The new showrooms were opened at Kumbakonam in Tami Nadu and Chandigarh in Punjab. Malabar Group Chairman Mr. M. P. Ahammed inaugurated the showrooms through an online event. Senior directors, management team members, investors, and customers of Malabar Gold & Diamonds from over 10 countries attended the event via Zoom cloud video call.
Malabar Gold & Diamonds continues with its global expansion plan and is scheduled to open new showrooms in Patna in Bihar, Kammam in Telangana, Lucknow and Ghaziabad in Uttar Pradesh, Thane and Vashi in Maharashtra, Dwaraka in New Delhi, Indore in Madhya Pradesh, Malleswaram and Kammanahalli in Karnataka, Bhubaneswar in Orissa, and Srikakulam in Andhra Pradesh this year. Outside of India, the company is scheduled to open showrooms in Malaysia, Bangladesh, Singapore, UAE, Saudi Arabia and Qatar.
“We plan to become the number one gold retail brand in the world, in terms of both showroom count and sales. As part of this plan, we will triple the number of showrooms in the next five years”, said Malabar Group Chairman Mr. MP Ahammed. “We have taken adequate precautionary steps and safety measures in our showrooms in the wake of Covid 19 pandemic. What makes our brand appealing to the global consumers is our highly diversified product range, immaculate designs, and impeccable after sales services”, he added.
“We have earned the trust and confidence of millions of customers with our transparency, facilities and services offered across our showrooms globally”, said Mr. Shamlal Ahamed, Managing Director – International Operations of Malabar Gold & Diamonds.