- 95th showroom worldwide and 10th in Andhra Pradesh after Three showrooms in Hyderabad (Somajiguda, Kukatpally, Dilsukhnagar), Vijayawada, Vizag, Kurnool, Tirupati, Rajahmundry and Kakinada.
- Showroom inaugurated by, Shri, Bandari Raji Reddy, MLA, Uppal division, Hyderabad.
Hyderabad, 27 July, 2013: Malabar Gold & Diamonds, one of the world‟s leading jewellery retailers, strengthened its presence in Andhra Pradesh by inaugurating its 10th showroom in A.S Rao Nagar, on 27 July, 2013, beside Food world A.S Rao Nagar, Hyderabad. In the esteemed presence of Malabar Group Chairman Mr. M.P. Ahammed and company directors.
“We are elated to inaugurate this showroom for our patrons in Hyderabad. This showroom in A S Rao Nagar is the group‟s 10th outlet in Andhra Pradesh and 95th worldwide. The company plans to increase its worldwide retail network and is targeting to have 220 stores by the year 2015” Said, Mr. MP Ahammed, Chairman, Malabar Group.
The new showroom showcases the exclusive brands of Malabar Gold & Diamonds such as Divine - Indian Heritage Jewellery, Era - Uncut Diamond Jewellery, Mine – Diamond jewellery, Ethnix - Handcrafted designer Jewellery, Starlet - Kid‟s Jewellery and Precia - Precious Gem Jewellery. Additionally, the showroom also displays silver articles and jewellery premium branded watches with international warranty.
The Inauguration commenced with Gold Jewellery Purchased by Mr. Diwakar. The Inaugural Purchase of Era-uncut diamond jewellery was done by Mr.K.P.R.Menon The Inaugural Purchase of Divine-Indian heritage jewellery was done by Mrs.Geetha.V.Nair The Inaugural Purchase of Mine- diamonds jewellery was done by Mr. Jacob “It is our extreme pleasure and delight to extend our services to our customers in A.s.Rao Nagar. Apart from our existing showrooms at Somajiguda,KphbColony,Dilsukhnagar,Vijayawada,Vizag,Kurnool,Tirupati,Rajahmundry and Kakinada,, the company plans to open its other showrooms shortly in all major cities of Andhra and Facilitate customers avail their service. We intend to increase the number of showrooms to 25 in the state by the end of 2015.” Said, Mr.Asher.O, Group Executive Director, Malabar Gold & Diamonds.
Malabar Gold & Diamond jewellers sell only BIS Hallmarked 916 Gold, IGI Certified E F Color V V S clarity diamond jewellery, PGI certified platinum jewellery and BIS hallmarked silver jewellery & articles. All products come with a detailed and transparent price tag with details like gross weight, stone weight, making charge, stone charge and net weight. This enables the customers to understand the product pricing easily and on their own. Malabar Gold & Diamonds‟ value-added services include lifelong free maintenance, one-year free insurance coverage and buyback guarantee for all its ornaments.
The jeweler‟s „Gold purchase scheme‟ enables its customer to book gold on a monthly basis and to hedge against rising gold prices. The booking will carry an additional bonus benefit when the customers buy the ornaments. Malabar Gold and Diamonds is also expanding its footprints across other Indian states such as Maharashtra, Gujarat, Delhi & NCR Region, UP, Punjab and Kolkata. Apart from Gulf countries, they are also looking at expansion in South Asia, other parts of Middle East, Malaysia, Singapore, Europe and America.
As a part of its Corporate Social Responsibility initiatives, Malabar Gold & Diamonds As earmarked a portion of its profit for medical and housing charity. More than 4, 00,000 patients have been given free life saving drugs and more than 6500 homeless have benefited from the housing trust till date. For moulding quality citizens for the country they have turned their concentration also towards promoting education and career oriented programmes and scholarship. As part of this they sponsor scholarships and gold medals for school teachers and institutional leaders for the promotion of excellence in school education in India, joining hands with ' leading schools' project of IIM Kozhikode. 'Empowering Education, Empowering Womanhood' initiative aims to provide educational scholarship for higher secondary girl students in government schools across the country.
As a part of this initiative, Company has announced Scholarships to around 5000 Girl children in Andhra Pradesh For the Academic year 2013-14.Conducts litter free campaigns & projects for social well being as part of the Green India initiative. Zero waste=100 marks campaign is aiming to popularize the concept of waste management. The Mobile Medical Clinic, the latest initiative of the group focus on providing free check up, lab test and medical camps for residential associations, educational institutions and other deserving sects of the society to determine the modern life style disease and initiate preliminary treatment. The initiative which received ovation in Kerala, the group is planning to set the same in all parts of the Country.