Malabar Gold expands further in Kerala Gujarat

(MENAFN- Arab News) Malabar gold & diamonds a major jewelry retailer expanded its presence in the southern indian state of kerala by reopening its thalassery outlet; the jewelry retailer relocated its outlet to more spacious and bigger space.

the relocated outlet on a.v.k. nair road was inaugurated by panakkad sayyid hyderali shihab thangal in the presence of m.p. ahamad chairman malabar group on april 12 amid other directors media representative and invitees.

the group expanded further in the western indian state of gujarat by opening a new outlet at a location near panchavati circle c.g. road ahmedabad which was opened by bollywood actor anil kapoor in the presence of ahamad asher group executive director malabar gold & diamonds on april 13.

the outlet in ahmedabad is the 113th outlet of malabar gold & diamonds worldwide and 2nd in gujarat.

their branded jewelry collection includes era — uncut diamond jewelry ethnix — handcrafted designer jewelry mine — diamonds unlimited divine — indian heritage jewelry precia — precious gem jewelry and starlet — kids jewelry.

the retail chain has 113 outlets worldwide out of which 75 are in india 37 in the gcc and 1 outlet in singapore. at present malabar gold & diamonds have 2 showrooms in rajkot and ahmedabad in gujarat. a few more are planned in vadodara and surat in the coming years.

the group also represents the far east with 1 outlet in singapore and now they are looking for expansion in hong kong malaysia and indonesia. the group is also planning to spread their wings to european markets starting with the uk and the united states.

when it comes to csr activities the group is in the forefront. it has set apart 10 percent of its net profit to the benefit of needy and focus primarily in five priority areas such as health education environment housing and women empowerment.