6.12.2021: Malabar Gold and Diamonds, one of the leading jewellery retail chains in the country, has launched its new store in Maharashtra at Finolex Chowk, Pimpri on 5th Dec 2021.
With a wide range of collections to suit traditional and contemporary tastes and the promise of a world class shopping experience, the new store further boosts the brand’s rapidly expanding retail presence in Maharashtra. The showroom has been inaugurated by the chief guest Hon’ble Mayor of Pimpri-Chinchwad Municipal Corporation (PCMC) Usha alias Mai Manohar Dore. The brand has more than 260 showrooms in 10 countries across the globe.
The store showcases latest designs crafted in 100% BIS hallmarked pure gold, diamonds, precious gemstones and platinum including traditional Maharashtrian jewellery, bridal designs, mangalsutras and antique jewellery. The store also has dedicated areas to showcase sub-brands such as Ethnix hand-crafted jewellery, Mine diamonds, Era uncut jewellery, Precia gemstone jewellery, Zoul lifestyle jewellery for millennials, Starlet kids jewellery and many more.
Malabar Group Chairman MP Ahammed said, “Our world class services and customer-centric initiatives have helped us become one of the most trusted Indian jewellers across the world. I am sure the people of Pune will find our store and jewellery apt for the many small and big celebrations in their lives and thank them for the opportunity to serve them.”
The brand has been on an expansion spree in Maharashtra. In the coming few months, new stores have been planned in Solapur as well as Hadapsar and Aundh in Pune. Well-known for maintaining transparency in business practices, the brand’s distinctive offerings like One India One Gold Rate and Fair Price Promise have resonated with customers. While the former offering focuses on providing uniform gold rates across the country, the latter assigns reasonable making charges to a vast range of products starting from 7.9% onwards in the Maharashtra market. Both initiatives are aimed at providing the best value for money to the customers.
Apart from this, Malabar Gold & Diamonds offers its customers the assurance of 10 Promises including a transparent price tag indicating 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 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 and responsible sourcing and fair labour practices.
As part of the group’s CSR initiative, Malabar Gold & Diamonds has announced that it will allocate 5% of the profit earned by the Pimpri store for various charitable and philanthropic activities in the region.
Malabar Gold & Diamonds
Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate, established in 1993.
Headquartered in Kerala, India, Malabar Gold & Diamonds is one of the largest global jewellery retailers, with branches across India, Middle East, Far East and US. Best known for its activities in the field of gold, diamonds, silver and lifestyle articles, the company records an annual turnover of $4.51 billion and operates 260+ stores across ten countries.
With 14 cluster manufacturing units in India and GCC – the company currently has 12 jewellery brands to cater to the discerning needs of customers. Malabar Group excels in providing quality products and services, and sets aside 5% of its revenues for CSR activities.