Malabar Gold & Diamonds announces participation with India Pavilion at the much-awaitedExpo 2020 Dubai

Malabar Gold & Diamonds, the leading jewellery retailer globally with a strong retail network of over 260 outlets spread across 10 countries has signed up with the Federation of Indian Chambers of Commerce & Industry (FICCI) as one of the key sponsors of India Pavilion at the much-awaited Expo 2020to be held in Dubai, UAE from 1^st October 2021.

Malabar Gold & Diamonds opens 2 new stores in Andhra Pradesh and Telangana, India

• Part of the brand’s expansion plan to launch 56 stores globally in the FY21-22

Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of over 260 outlets spread across 10 countries, inaugurated 2 new showroomsin Eluru, Andhra Pradesh and Kompally, Hyderabad, Telangana, India. This is part of the brand’s expansion plan to launch 56 stores globally, 40 across India and 16 internationally in the FY21-22 to further boost its retail presence across the country, with an overall investment of USD 220 Million and generation of 5000 new jobs.

Malabar Gold & Diamonds to open a new manufacturing facility in Qatar

• Aiming to produce 5,000 kg of gold jewellery per year.
• Produces a wide range of gold ornaments with high quality & finish utilizing the latest technologies like casting, CNC and CAD-CAM(3d).
• Will have exclusive Diamond and other precious gems jewellerymanufacturing facility which will be first of its kind in Qatar.
• Environment friendly practices and equipment to be used.

Mandatory hallmarking of gold: It is a win-win deal for buyers, sellers
(Authored by M. P Ahammed Chairman, Malabar Gold & Diamonds)

Successive government have brought many laws to ensure that the rights of consumers are non-negotiable. The hallmark of the Consumer Protection Act, 1986 passed by the Indian Parliament is to legally ensure cent percent value for money for the buyers of any articles of consumption.  It is against this backdrop one should see the hallmarking for gold and gold articles made mandatory by the Government last year.  The law will come into force from June 16 (Wednesday).