Pics: Dayanand Kukkaje

Daijiworld Media Network - Mangaluru (ANK)
With Inputs from Media Release

Mangaluru, Apr 8: Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, inaugurated their new relocated showroom with bigger space, improved ambience and well-crafted designs in Mangaluru on Thursday April 8. Located at Karuna Pride-Falnir road, the store was inaugurated virtually by chairman of Malabar Group, MP Ahammed, in presence of managing director Asher O, other directors and management team members.

Managing director Asher said, “We are delighted to have relocated to a new showroom at Falnir. We have a variety of products and the best outlet in Mangaluru. We want to make this showroom a top store.”

Vice chairman Abdul Salam said, “Mangaluru is very close to us. We have upgraded and updated our product quality and also our showroom. This is the best store in Karnataka and will provide a good shopping experience to all the customers.”

Building owner Karunakaran, and regional head Karnataka Filsor Babu were present.

Veekshitha compered the event.

The first buyer of Mine diamond section was Lavita Fernandes, Yathika became the first customer of Divine section, the first buyer of Ethnix jewellery collection was Sheikh Faisal Ahmed, Prithvi purchased the first product from Precia gem jewellery and Ashika Shetty became the first buyer of Era section.

The relocated and the largest showroom with plush ambience is sure to enhance the shopping experience of loyal clientele, who have made the existing store their favorite shopping destination.

The new showroom showcases latest trending designs along with the traditional handpicked collections by master craftsmen. Apart from displaying jewellery specific to the culture and celebrations of coastal Karnataka, the store displays the exclusive range of Malabar Gold and Diamonds sub-brands such as Mine diamond jewellery, Divine Indian heritage jewellery, Era uncut diamond jewellery, Ethnix handcrafted designer jewellery, Precia precious gem jewellery, Zoul lifestyle jewellery and Starlet kid’s jewellery.

“The new store with its exquisite product offerings and service excellence will offer the customers in Mangaluru a unique shopping experience. We aim to become the number one gold jewellery retail brand in the world in terms of both showroom count and sales,” said Malabar Group Chairman MP Ahammed.

Malabar Gold & Diamonds had recently launched the ‘One India One Gold Rate’ scheme under which it offers gold jewellery at a uniform price across the country. The group has also recently forayed into the gold bullion industry and its responsibly sourced gold bars are available for jewellery manufacturers, small gold traders and retail investors desiring to invest in physical gold for purchase. The same can be purchased using the Malabar Bullion App.

As a part of its commitment, Malabar Gold & Diamonds offers 10 promises to its customers. The commitments include transparent price tag indicating the exact manufacturing cost, stone weight, net weight and stone charge of the jewellery, assured lifetime maintenance for the jewellery, 100 per cent value for gold when reselling old gold jewellery and zero deduction on exchange, 100 per cent BIS hallmarking certifying the purity of gold, IGI and GIA certified diamonds ensuring 28-point quality check of global standards, buyback guarantee, fair price policy, responsible sourcing and fair labour practices. The brand has been well known for its responsible practices in the gold & bullion industry where malpractices such as tax evasion, money laundering and short changing of customers are rampant.

Malabar Group also commits 5% of its profit to supporting socially responsible purposes both in India and abroad. Education, health, women empowerment, affordable housing and environmental protection are the thrust areas for the Group.

About Malabar Gold & Diamonds

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of 260+ outlets spread across 10 countries, 14 wholesale units in addition to offices, design centers and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally.

With 14 cluster manufacturing units in India and GCC – the company currently has 12 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala 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.

The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections. The group, owned by over 4500 shareholders excels in quality products and services, has more than 13,000 professionals working for its continued success.

Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com and offers contactless shopping facilities like video calling facilities that provide customers the opportunity to purchase their favourite jewellery any time, any day from the comfort of their home.