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Malabar Gold & Diamonds Launches its First Jewellery Manufacturing Unit in West Bengal, India

Malabar Gold & Diamonds Launches its First Jewellery Manufacturing Unit in West Bengal, India

Tuesday, August 22, 2023/ Editor -  

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• Equipped with state-of-the-art technology and unmatched workmanship of Bengal artisans.
• Built with an investment of USD 18 Million
• Employs over 850 artisans.
• Aims to boost design leadership of India globally with 'Make in India. Market to the World'. 
 
 Malabar Gold & Diamonds, the 6th largest jewellery retailer in the world with over 325 showrooms in 11 countries, has launched its first state-of-the-art jewellery manufacturing facility in West Bengal, India. The manufacturing unit, built with an investment of USD 18 Million was inaugurated by Dr. Shashi Panja, Honourable Minister-Of-State, (IC), Industries, Commerce & Enterprises, Child Development and Women Development & Social Welfare Department, Government of West Bengal, in the presence of Malabar Group Chairman M.P Ahammed, Malabar Gold & Diamonds India Operations Managing Director Mr. O Asher, Malabar Group Executive Director Mr. Nishad A.K, other senior Malabar Gold & Diamonds team members, dignitaries and well-wishers. 
 
Located at Gems and Jewellery Park, Ankurhati in Howrah district and spread over 50,000 sq ft, the manufacturing unit employs over 850 people to produce a varied range of exquisitely crafted jewellery including gold, diamonds, precious gemstones, and diamonds. Equipped with advanced technology and unparalleled workmanship, the unit has an annual manufacturing capacity of 4 tonnes of jewellery and 36,000 ct. of diamond studded jewellery. The first-of-its-kind manufacturing unit has been designed keeping in mind the ESG goals of the company and comfort of the artisans. 
 
Malabar Gems & Jewellery Manufacturing Pvt Ltd is equipped with the latest technology-enabled machines and collaboration with industry experts from Italy, USA and Germany. Setting up of the Ankurhati facility is in line with Malabar Gold & Diamonds’ plan to further enhance its manufacturing capabilities to meet the growing customer demand and facilitate its retail operations expansion activities. 
 
Commenting on the inauguration of the Ankurhati unit, Mr. M P Ahammed, Chairman, Malabar Group said, 'West Bengal is one of the major jewellery manufacturing hubs and the state has a deep-rooted tradition of excellent workmanship. The state boasts of the largest number of skilled artisans and goldsmiths in India. We are pleased to open our first manufacturing unit in the state to be a part of the valuable tradition of jewellery making. We are grateful to the Government of West Bengal for supporting us to set up the manufacturing unit. The unit will play a key role in our mission, 'Make in India. Market to the World.' Our goal is to build an indisputable design leadership of India across the world, continue to cater to the evolving customer demand, surpass their expectations and offer high-quality craftsmanship to our customers a world-class shopping experience. '
 
With the establishment of the Ankurhati unit, Malabar Gold & Diamonds has a total 10 manufacturing units across India which employ more than 4000 artisans.

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