Kadapa, December 24, 2014: Malabar Gold & Diamonds, one among the world’s leading jewellery retailers is widening its network in Andhra Pradesh with the inauguration of their latest showroom in Kadapa. The trendy and artistically done showroom, strategically located at Koti Reddy Circle, Caltex centre was inaugurated by their brand celebrity Cine star Ms. Kajal Aggarwal on 21st December. Apart from displaying jewellery specific to the culture and celebrations of Andhra, the store displays the exclusive range of sub brands from Malabar Gold & Diamonds: Mine - Diamond jewellery, Era - Uncut Diamond Jewellery, Precia - Precious Gem Jewellery, Divine - Indian Heritage Jewellery, Ethnix - Handcrafted designer Jewellery Starlet - Kids’ Jewellery and Hi- casual jewellery. The showroom also has an impressive stock of platinum jewellery apart from gold, diamond and silver jewellery. Apart from being a successful business entity, Malabar group has always been in the forefront of social responsibility initiatives. Malabar Gold & Diamonds earmarks a distinct share of its annual profit for activities in the field of health, education, housing, environmental conservation and woman’s empowerment. In the words of the Chairman, Mr. M.P. Ahammed, Malabar Group instills social responsible thinking and believes in giving back to the society thereby making a positive influence on human life. Editor’s Note Malabar Gold and Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
Established in 1993 in South Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of 123 outlets spread across eight countries, 10 wholesale units in addition to offices, design centers and factories spread across India, Middle East & Far East. With an annual turnover of $3.5 billion, the company currently ranks among the world’s top five jewellery retailers in terms of annual turnover. With 7 cluster manufacturing units in India and GCC - the company currently has 6 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala, India and branches across India, Middle East & Far East, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles. Malabar Gold & Diamonds also features an online store - www.shopmgd.com providing customers the opportunity to purchase their favorite jewellery any time and on any day from the comfort of their home. The company, which has a strong corporate social responsibility scheme embedded in its system, is committed to make a difference in human lives by spending over Rs300 million in charitable activities in the year 2015, part of the Rs850 million earmarked for charitable activities between 2012 - 2015.
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