4th Dec 2017 : Mr. MP Ahammed, Chairman – Malabar Group has been selected for the most promising Business Leaders in Asia award 2017 by The Economic Times Daily. He has been selected in gold and diamond business category along with other top corporate leaders in Asia.
Mr. MP Ahammed, Chairman – Malabar Group received the business excellence award from Dato Sri Mustapa Bin Mohammed, Minister of Industrial & International Trade, Malaysia; in presence of Mr T.S Tirumurti, Indian High Commissioner for Malaysia and Mr. Deepak Lamba, President – TSSL and CEO, Worldwide Media at the Economic Times Asian Business Leaders Conclave 2017 held at Kuala Lumpur, Malaysia.
The jury has selected the winners for the award based on their performance track record measured on a number of criteria including their leadership quality in respective business verticals, quality to guide the establishment to excellence in business as well as making their contribution to society as best corporate citizens, the organizers of the conclave said. The jury had selected the winners after doing the necessary due diligence tracking their performance continuously over a period of time, they added.
The foundation of what would grow to become the Malabar Group was laid in 1993 by an entrepreneurial team led by a dream that lived to establish a jewellery trading company in Kerala, India. Since then, keeping alive the golden spirit of the brand, the Group has remained constant, in its successful forays into Real estate and infrastructure development; Retail and distribution of lifestyle articles and luxury branded watches; Retail of home furniture and accessories; IT services and business solutions; Fit out & interior design business; and more.
For Malabar Group, the ventures continue to soar on the wings of trust; of all its team-members, patrons and shareholders. The group grew in leaps and bounds, nurtured by expertise, vision and guidance, into a formidable business conglomerate in India.
Today, the flagship brand of Malabar Group, Malabar Gold & Diamonds has a strong retail network of 195 outlets spread across nine countries, 13 wholesale units in addition to offices, design centres and factories spread across India, Middle East & Far East. With an annual turnover of $4.5 billion, the company currently ranks among the world’s top five jewellery retailers in terms of annual turnover.
The Group with over 1,700 investors, excels in quality products and services, has more than 12,000 professionals working for its continued success. Corporate Social Responsibility has been the primary commitment of the Group since its inception and it still continues with a strong corporate social responsibility scheme embedded in its system, committed to make a difference in human lives by focusing on 5 key areas comprising of health, education, housing, environment and women empowerment.
Each aspect of the group work towards building, enhancing and nurturing beauty, quality and perfection in every life that we touch.