Malabar Gold & Diamonds opens new store in Hyderabad

RetailME Bureau

Jewellery retailer Malabar Gold & Diamonds set up a new store in Andhra Pradesh. “We are elated to inaugurate this showroom for our patrons in Hyderabad. This showroom in AS Rao Nagar is the group‟s 10th outlet in Andhra Pradesh and 95th worldwide. The company plans to increase its worldwide retail network and is targeting to touch 220-store mark by 2015,” says MP Ahammed, chairman of the Malabar Group.

The new showroom showcases Malabar Gold & Diamonds’ exclusive brands such as Divine – Indian heritage jewellery; Era – uncut diamond jewellery; Mine –diamond jewellery; Ethnix – handcrafted designer jewellery; Starlet – kids jewellery; and Precia – precious gem jewellery. Additionally, the showroom also displays silver articles and premium branded jewellery watches.

Malabar Gold and Diamonds is also expanding its footprints across other Indian states such as Maharashtra, Gujarat, Delhi & NCR region, Uttar Pradesh, Punjab and Kolkata. Apart from the Gulf countries, the group is also looking at expansion in South Asia, other parts of the Middle East, Malaysia, Singapore, Europe and the US.