Malabar Gold & Diamonds opens its flagshipshowroomin Andheri West, Mumbai amidst glitz and glamour

·         Firstshowroom in Maharashtra and 87^th worldwide

·         Showroom inaugurated byAce Bollywood Actress Ms. Hema Malini

·         Aims to set up 40  more showrooms across India that includes showrooms in Rajkot, Mumbai Kurla, Pune , Nasik, Ahmedabad, Jaipur and Gurgaon before the end of the year.

Mumbai, 7^th April 2013: Malabar Gold & Diamonds, one of the world’s leading jewelry retailers, opened its first store in Mumbai at New Link Road, Andheri West. The much awaited showroom was inaugurated by prominent Bollywood actress Ms. Hema Malini in the esteemed presence of Malabar Group Chairman Mr. Ahammed and company directors. The new showroom is part of the 40 new outlets planned by the group across the country this year. The highlight of the event was the presence of Ms. Hema Malini- the dream girl of Indian cinema, and yesteryears’ top actress who has been the brand ambassador since 2006.

The store’s interiors were innovatively designed with gleaming glass cases and designer brands on display. With beautiful design elements, the store will showcase an exquisite range of 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.

 

“We are happy to inaugurate our flagship showroom in Andheri West which is a shopping destination in Mumbai. This showroom in Mumbai is the group’s first outlet in Maharashtra and 87^th worldwide. This opening is part of our 2013 plan to strengthen our retail presence across various parts of the country. 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.

“I am delighted to be here as part of the inauguration of the First showroom of Malabar Gold &Diamonds in Mumbai. Every Malabar Gold & Diamonds opening has been special for me and the response from jewelry lovers for Malabar Gold & Diamonds fills me with immense pride. I have been a part of Malabar Gold & Diamonds for over 6 years now and I feel extremely honored to be associated with this global jewelry retail chain," said Brand Ambassador, Actress Ms. Hema Malini.

 

Being the first day of the store, first sale of each article and brand was done by a renowned personality.  

 

The first sale of jewelry was received by Padmavibushan Capt. Krishnan Nair, Chairman Emeritus and Founder Chairman, The Leela Group   from Ms. Hema Malini.

 

“It is our pleasure to open our first showroom in Mumbai.  We are looking forward to delight the residents of Mumbai with our exquisite collections of jewelry in gold, diamond and platinum. The launch of this showroom is a stepping stone to our entry into the western region of India,” said Mr. O. Asher, Group Executive Director, Malabar Group.

 

Malabar Gold & Diamonds sell 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 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 and Punjab. Apart from Gulf countries, they are also looking at expansion in South Asia, other parts of Middle East, Malaysia, Singapore, Europe and America.

 

About Malabar Gold and Diamonds:

 

Malabar Gold and Diamonds is the flagship division of Malabar Group of Companies, one of the fastest growing business conglomerates. It is amongst the most trusted jewellery brand name in India & GCC with 86 retail outlets spread across Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Delhi and GCC and 10 supply chain centers.

 

 They have introduced excellent Indian craftsmanship to the world through their exclusive brands; Divine - Indian heritage jewellery; Ethnix - Handcrafted designer Jewellery; Era - Uncut Diamond Jewellery; Mine- Diamond Jewellery; Starlet - kids jewellery; Precia - Precious Gem Jewellery.

 

As a part of its Corporate Social Responsibility initiatives, Malabar Gold & Diamonds has earmarked a portion of its profit for medical and housing charity. More than 3,80,000 patients have been given free life saving drugs and over 6400 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. 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 focuses on providing free check up, lab test and medical camps for residential associations, educational institutions and other deserving sections of the society.