Global Expansion in Full Swing at Malabar Gold & Diamonds; Launches 2 Renovated Showrooms at Kuwait & UAE. 15 more to open in the coming weeks.

• The launches are a part of the brand’s global expansion plan of opening 20 showrooms in October.
• Malabar Group Chairman M.P Ahammed conducted the Grand relaunch of the largest jewellery showroom in Deira Gold Souq, Dubai
• Reinforces the Group’s CSR/ESG vision – Announces 21,000 scholarships worth AED 7 million for women and opened 247 micro learning centers to promote basic education amongst the impoverished.

Malabar Gold & Diamonds, the world’s 6^th largest jewellery retailer with an expansive presence of over 360 showrooms across 13 countries, has further strengthened their retail presence in Kuwait & the UAE with the relaunch of two of their flagship showrooms in the region. The launches are a part of the ambitious expansion plan that the brand has unveiled to launch 20 showrooms globally in October.

In Kuwait, the brand’s showroom at Lulu Hypermarket in Al Rai, which has been expanded and renovated to meet the evolving preferences of jewellery lovers in the region, was inaugurated by Bollywood actor and brand ambassador of Malabar Gold & Diamonds, Anil Kapoor in the presence of  Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds, Mr. Abdul Salam K.P, Vice-Chairman of Malabar Group, Mr. Afsal K.M- Zonal Head of Malabar Gold & Diamonds in Kuwait, other senior management team members, customers and well-wishers.

In the UAE, Malabar Gold & Diamonds renovated and restyled showroom in Dubai Gold Souq, which is also the largest jewellery showroom in the Gold Souq area, was inaugurated by Malabar Group Chairman, M.P Ahammed in the presence of Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds, Mr. Abdul Salam K.P, Vice-Chairman of Malabar Group, other senior management team members, customers and well-wishers.

The ambitious global expansion plan that Malabar Gold & Diamonds has charted for the month of October is in full swing, with showrooms at Rohini in Delhi, Sambalpur in Odisha, Boduppal in Telangana, Sangli in Maharashtra, and Sarjapur Road in Karnataka already launched in India last week.

“Our global expansion plan of opening 20 new showrooms in October aligns with Malabar Gold & Diamonds' larger vision of becoming the world’s leading jewelry retailer. Over the last 30 years, we have significantly expanded our global presence, driven by our unwavering commitment to delivering exceptional quality jewelry in a sustainable and responsible manner. While the expansion plans for this month are undoubtedly ambitious, we are confident in our ability to achieve them. The five new showrooms we've already launched in India, along with the relaunch of our showrooms in Kuwait and the Gold Souq, stand as a testament to our dedication and progress. Though this is a momentous time for the brand, I am particularly excited about the upcoming openings, especially the launch of our flagship showroom in Los Angeles, USA. As we continue to reach new milestones, I want to take this opportunity to thank our loyal customers around the world for their trust and support, which has made all of this possible”, commented M.P Ahammed, Chairman of Malabar Group.

Among the upcoming inaugurations, the most prominent will be Malabar Gold & Diamonds' flagship showroom in Los Angeles, USA. This will be the brand's 5^th and largest showroom in the USA. Internationally, Malabar Gold & Diamonds will further strengthen its already significant presence in the UAE, Qatar, and KSA with new showrooms set to open in Muweilah, Sharjah; Muaither, Qatar; and Nakheel Mall, Saudi Arabia. The brand is also planning to open its 6^th showroom in the USA, located in Atlanta, Georgia. In India, the expansion plan includes the launch of three showrooms in Uttar Pradesh, 2 showrooms in Rajasthan and one showroom each in Delhi, Maharashtra, Karnataka, , West Bengal, and Punjab.

“Our entire operation at Malabar Gold & Diamonds is centered around delivering an unparalleled jewellery shopping experience to our customers, while upholding the highest standards of responsibility and sustainability. To achieve this, we have continually refined our processes to ensure that every piece of jewellery in our showrooms is not only 100% pure in terms of metal quality, but also ethically sourced. The newly revamped showrooms in Kuwait and the UAE, along with the 5 showrooms we have launched in India, exemplify our unwavering commitment to being a responsible jeweller. We are confident that our customers will appreciate and embrace the enhanced experience offered at these world-class showrooms. Moving forward, the expansion we have charted will also be in line with our ethos of sustainability and responsibility.,” said Mr. Abdul Salam K.P, Vice-Chairman of Malabar Group.  

The newly revamped showroom in Kuwait will showcase an extensive selection of over 20,000 exquisite designs in gold, diamonds, and precious gems curated from 20 countries. Catering to every jewellery lover's taste, the showroom features a vast array of options for daily wear, office wear, special occasions, and bridal collections. In addition to an exclusive ‘Zoul-lifestyle jewellery’ corner and dedicated Mine area, the showroom proudly showcases Malabar Gold & Diamonds’ various exclusive brands such as Era-Uncut diamond jewellery, Viraaz-Royal Polki jewellery, Ethnix-handcrafted designer jewellery, Precia-Gem jewellery, Divine-Indian Heritage jewellery and Starlet-Kids jewellery.

“I am extremely excited about the relaunch of our newly revamped showrooms in Kuwait and the UAE, as part of our continuous efforts to strengthen our presence in key markets. Internationally, we are set to open five new showrooms in October, with the most significant being the launch of our 5^th and largest showroom in the USA, located in Los Angeles. Additionally, we will be expanding further with new showrooms in the UAE, Qatar, and Saudi Arabia, along with strengthening our footprint in North America by launching our 6th showroom in the USA, in Atlanta, Georgia. Across all of these showrooms, our focus remains on delivering an unparalleled jewelry shopping experience, while championing the 'Make in India; Market to the World' initiative. As we pursue geographical diversification, we are also committed to evolving our product portfolio with the introduction of the Arab Value Chain and Western Value Chain jewelry collections,” commented Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds.

Malabar Gold & Diamonds has a strong presence of 8 showrooms in the Dubai Gold Souq area, together offering jewellery lovers in Dubai with a vast collection of over 1 million jewellery designs from across the globe.  In addition to the spectacular array of collections in 18k, 21K, 22K, Diamonds & Precious gem jewellery suited for bridal wear, office wear, daily wear and occasional wear, Malabar Gold & Diamonds also offers a customized jewellery designing facility as well across their showrooms. As part of the showrooms’ relaunch, the brand has also announced ‘Artistry Show’, the exhibition and sale of a wide assortment of limited-edition jewellery.

ESG (Environmental, Social & Governance) initiatives have been a key component of Malabar Group’s operations throughout the years, with a focus on Health, Housing, Hunger Eradication, Women empowerment, Education and Environment. The group ensures that all stakeholders continue to benefit from the growth of the business and contributes 5% of its profit to CSR/ESG initiatives in the same country of operation.

The Malabar National Scholarship Programme, launched in 2007, stands as a flagship initiative under its CSR / ESG framework. To date, over AED 26 million has been invested in the programme, providing financial aid to more than 95,000 female students across India. The announcement of 21,000 scholarship for female students worth AED 7 million reinforces its vision for women empowerment by focusing on girls' education aiming to uplift not just individuals but entire communities, ensuring future generations are equipped with the tools for social and economic progress. The Group has opened 247 micro learning centers in India with the aim of promoting basic education amongst the impoverished. These announcements are in line with the practice of integrating the principles of responsibility and sustainability into its core business to remain a socially conscious and responsible organization.