Kolkata, 26th October 2013: Malabar Gold & Diamonds, one among the world's leading jewellery retailers and a leading diversified business conglomerate of India is making its presence in East India with the inauguration of their first showroom in Kolkata, which is the jewellery group's 103rd showroom worldwide. The 3000 odd Sq.ft showroom is in the ground floor of Block A, 22 Camac Street, behind Pantaloons, near Pizza Hut.
The showroom is inaugurated by the internationally acclaimed Bengali film personality Padma Shri Aparna Sen at 11.00 am on October 26 in the presence of distinguished guests.
The store displays the exclusive range of Traditional and contemporary designs of fine Jewellery. Malabar Gold & Diamonds also display its sub brands 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.
There is an attractive inaugural special offer where the customers will get gold coins for the purchase of every four grams of gold jewellery or diamond jewellery worth Rs. 10,000/-. The showroom has also multiple options for advance booking of gold and avail the benefit of fixing the gold rate. This offer enables protection from hike in gold prices. The advance booking for the forthcoming ‘Dhanteras' will also commence on the inaugural day, 26th October.
Malabar Gold & Diamonds sells only BIS Hallmarked 916 Gold, IGI Certified Diamond jewellery, and PGI certified Platinum jewellery . 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 easily understand and arrive at the product pricing themselves. Malabar Gold & Diamonds' value-added services include lifelong free maintenance, one-year free insurance coverage and buyback guarantee for all its ornaments. The jeweller's ‘Gold purchase scheme' enables to book gold on a monthly basis and acts as a hedge against fluctuating gold prices. The booking will carry an additional bonus benefit when scheme members buy ornaments.
About Malabar Gold and Diamonds: Malabar Gold and Diamonds is the flagship company of Malabar Group, one of the fastest growing business conglomerates of India. It is amongst the most trusted jewellery brands with 102 retail outlets spread across Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi, NCR, Maharashtra, Gujarat, the GCC and Singapore.
Established in 1993 in the state of Kerala, the retail network of Malabar Gold & Diamonds has 102 stores across eight nations with the addition of Singapore showroom on October 23, 2013. With an annual turnover of $ 3.5 billion, it is the world's third largest retail jewellery group in terms of annual turnover. Malabar Gold & Diamonds Plans to open more showrooms in Maharashtra, Gujarat, Delhi, and other parts of India and in various cities of Middle east and Far east.
As part of its Corporate Social Responsibility initiatives, Malabar Gold & Diamonds regularly earmarks ten percent of its annual profit for medical, educational, social, and housing activities. More than 4,35,000 patients have been given free life saving drugs and over 7500 homeless have benefited from the housing trust till date. For moulding quality citizens there are education, career oriented programmes and scholarships for students. Malabar Gold & Diamonds has joined hands with IIM Kozhikode for the 'leading schools project' for training and honing the expertise of teachers and institutional leaders. 'Empowering Education, Empowering Womanhood' initiative aims to provide educational scholarships for higher secondary girl students in government schools across the country. The group conducts litter free campaigns & projects for social well being as part of the Green India initiative. The Zero waste=100 marks campaign in schools is aimed at inculcating an awareness for proper disposal and management of waste. Mobile Medical Clinic, a recent initiative, focuses on providing free check up, lab tests and medical camps for residential associations, educational institutions and other deserving sections of the society.
The jewellery group crossed a landmark in their history by completing 20 years of successful business and the network reaching 100 stores, with plans to open stores in states like UP, Rajasthan and Punjab for a countrywide representation. The recently opened Singapore showroom marks their foray into South Asian and Far East nations.