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Malabar Gold & Diamonds Continues International Expansion; Opens 2 New Showrooms in India & the UAE

Malabar Gold & Diamonds Continues International Expansion; Opens 2 New Showrooms in India & the UAE

Tuesday, July 4, 2023/ Editor -  

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  •  Malabar Gold & Diamonds has launched 2 new showrooms: in Dubai, UAE & in Karnataka, India as part of their global expansion drive.
  •  The showroom in Dubai is located inside the historic gold souq and will be the brand’s 8th showroom in the region within a 2km radius. This will be the brand’s 63rd outlet in the UAE.
  •  The showroom in India is located at RR Nagar in Bangalore city and will be the brand’s 32nd outlet in Karnataka and the 15th outlet in Bangalore city. 
 
Malabar Gold & Diamonds, the 6th largest jewellery retailer globally, with an impressive retail network of over 320 showrooms in 11 countries, has just launched two new showrooms: in India and the UAE as part of their global expansion drive. The showroom in the UAE is located inside the historic Dubai gold souq and will be the brand’s 8th showroom within a 2km radius in the Gold Souq area. The showroom in India is located at RR Nagar in Bangalore city, Karnataka, and will be the brand’s 15th outlet in Bangalore city. With the new launches, Malabar Gold & Diamonds has expanded its retail presence to 63 outlets in the UAE and 32 outlets in Karnataka state. 
 
The new showroom at Dubai Gold Souq, was inaugurated by Mr. Abdul Salam K P, Vice-Chairman of Malabar Group, in the presence of Mr. Shamlal Ahamed, Managing Director- International Operations, Malabar Gold & Diamonds; Mr. Mayankutty C, Senior Director of Malabar Group; Mr. Faisal A K, Head of Manufacturing, Malabar Gold & Diamonds; Mr. Ranjit K V, Regional Head, Malabar Gold & Diamonds; other management team members of Malabar Gold & Diamonds, customers and well-wishers. 
Renowned Kannada Actress, Ms. Rachita Ram inaugurated the brand’s showroom at RR Nagar, following its virtual inauguration by Malabar Group Chairman M P Ahammed. Mr. O. Asher, Managing Director - India Operations, Malabar Gold & Diamonds; Mr. Filsor Babu, Regional Head, Malabar Gold & Diamonds; other management team members of customers and well-wishers were also present for the function. 
 
“As Malabar Gold & Diamonds celebrates its 30th anniversary, we are excited to have opened yet another outlet in the historic location of Dubai Gold Souq. We currently have 8 world-class showrooms within a 2 km radius in this area and this new showroom is located in the most iconic location within Dubai Gold Souq. As for the new outlet in Karnataka, which is our 32nd in the state, we are humbled and honored to have the jewellery connoisseurs of Karnataka welcome us with open arms and sincerely hope that customers will visit the RR Nagar outlet and make it another grand success. With each showroom launch, we are inching closer to our goal of being the world no. 1 jewellery retailer, both in terms of showroom count and turnover”, commented Mr. M.P Ahammed, Chairman of Malabar Group. 
The new outlet at Dubai Gold Souq houses an exquisite array of gold, diamond & precious gem jewellery across Malabar Gold & Diamonds’ exclusive brands and collections. The designs in the new outlet have been curated from over 15 countries to meet the varying needs and preferences of tourists and resident customers alike. 
Spread across more than 7500 sq ft, the RR Nagar showroom showcases an extensive range of exquisite designs that cater to both traditional and contemporary tastes. The showroom displays a broad array of intricately designed jewellery crafted in gold, diamonds and platinum, apart from an awe-inspiring range of bridal jewellery collections embellished with traditional and contemporary designs
 
“Dubai Gold Souq  has been one of our most successful regions of operation in the entire GCC and we are thrilled to expand our presence in the market. The large share of tourists that flock to our outlets has increased our brand visibility in the global arena and the new showroom, with its wide variety of designs and collections will definitely help us in furthering our goal of proliferating Indian jewellery to a global audience. The new showroom launch in RR Nagar, Karnataka is in line with our efforts to strengthen our retail presence in India. The ambitious expansion plans that we have charted includes strengthening our retail presence in existing markets, as well as expansion into new markets such as Australia, Canada, South Africa, Egypt, Bangladesh, Turkey and New Zealand”, commented Mr. Abdul Salam K P, Vice-Chairman of Malabar Group.
 
Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the ‘Malabar Promise’ of incomparable quality and service assurance. Malabar Promise includes a transparent price tag indicating stone weight, net weight and stone charge of the jewellery, assured lifetime maintenance from any of the showrooms across 11 countries, guaranteed buyback, IGI and GIA-certified diamonds ensuring 28-point quality check of global standards, 100% value on gold exchange,  100% 916 hallmarked jewellery, responsible sourcing, fair price policy, and fair labour practices.

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