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Malabar Gold & Diamonds launches new showroom in Ahmednagar, 10th in Maharashtra

14th October, 2021: Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, launched a new showroom in Ahmednagar, taking the showroomcount in Maharashtra to 10.

With a brilliant range of traditional and contemporary designs and outstanding shopping experience, the showroom further bolsters the retail presence of Malabar Gold & Diamonds in the state.

Located at Diansh Plaza, Nagar Manmad Road, the showroom was inaugurated by Hon’ble Mayor Rohinitai Shedge and Hon’ble Deputy Mayor Ganesh Bhosle.

Spread across 2500 sq. ft. area, the plush showroom bedazzles the jewellery buyers of the city with a wide range of Maharashtrian geru base jewellery, Maharashtrian mangalsutra along with thousands of stylish designs catering to both traditional and contemporary sensibilities. Crafted in pure gold and platinum and studded with the finest quality diamonds and gemstones, the latest collections will fascinate the jewellery buyers of Ahmednagar. The showroom also showcases the popular jewellery sub-brands of Malabar Gold & Diamonds such as Ethnix, Era, Precia, Mine, etc.

Malabar Gold & Diamonds has rolled out special Dussehra Diwali offer at its Ahmednagar showroom which offers assured gold coin on every purchase of gemstone and diamond jewellery worth Rs 50,000 or more. During Dhanteras, customers can book gold in advance and get free silver coin. The offers are valid during October 7- November 7, 2021.
The trained staff at the showroom offer top-quality shopping experience to the customers in Ahmednagar while complying with all precautionary measures to ensure safe and hygienic shopping experience for the customers.

Malabar Group Chairman MP Ahammed said, “We are delighted to open our showroom in Ahmednagar. We are thankful for the people of Maharashtra for the love and affection they have been showering on our brand which is quite motivating for us. The showroom in Ahmednagar underlines our commitment to serve the jewellery buyers in the state with quality offerings and superior shopping experience. Our commitment to quality and transparency have made us the most respected jeweller in the country. With our quality-driven and customer-centric retail strategy, we aim to emerge as the world’s most preferred jeweller with respect to both showroom count and turnover.”

O Asher, Managing Director, India Operations, Malabar Gold and Diamonds said, ” Over a period of time, we have developed a considerable presence in Maharashtra. The showroom in Ahmednagar has further enhanced our customer outreach in the state. The showroom will offer unparalleled jewellery buying experience while ensuring the health and safety of our customers.”
As a part of the group’s CSR initiative, Malabar Gold & Diamonds will allocate 5% of the profit earned by the Ahmednagar showroom for various charitable and philanthropic activities in this region.

Malabar Gold &Diamonds is committed to maintaining transparency of the highest level in business practices. Keeping with that vision, the group has launched the ‘One India One Gold Rate’ scheme which offers gold jewellery at a uniform price across the country.
Moreover, Malabar Gold & Diamonds offers 10 promises to its customers. The commitments include transparent price tag indicating the exact making charges, stone weight, net weight and stone charge of the jewellery, assured lifetime maintenance for the 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, responsible sourcing and fair labour practices.

Malabar Gold & Diamonds currently has 260 showrooms in 10 countries in addition to 14 wholesale units. It has offices, design centres and manufacturing facilities in India, Middle East, Far East and USA. The group boasts of an annual turnover of $4.51 billion and is rated as one of the largest jewellery retailers globally.

Editor’s Note

Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 260 outlets spread across 10 countries, 14 wholesale units in addition to offices, design centres and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally.

With 14 cluster manufacturing units in India and GCC – the company currently has 12 jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala and branches across India, Middle East & Far East, Malabar Group is best known for its activities in the field of gold, diamonds and lifestyle articles.

The group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections. The group, owned by over 4000 shareholders excels in quality products and services, has more than 13,000 professionals working for its continued success. Malabar Gold & Diamonds also features an online storewww.malabargoldanddiamonds.com providing customers the opportunity to purchase their favourite jewellery any time and on any day from the comfort of their home.

This news was shared to Prittle Prattle News via press release.

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