Malabar Gold & Diamonds celebrates its milestone achievement of 21 years/120 stores
Malabar Group, one of the leading corporate conglomerates with its presence in 8 countries marked its 21st anniversary by launching the official logo on 25th September 2014. Renowned Bollywood Actress Kareena Kapoor Khan unveiled the logo, initiating the celebrations.
The group that is best known for its activities in the field of gold and diamonds has announced its expansion and diversification plans on this occasion.
From humble beginnings with a jewellery outlet at Kozhikode in 1993, Malabar Group is today one among the best corporate establishments of India with over 7,000 strong management team, 1,600 investors and a turnover of over US $ 3.5 Billion. The Group is marching ahead with diversified presence in various sectors in this 21st anniversary year.
In the words of Group Chairman M.P. Ahammed, the greatest and the most valuable asset of Malabar Group is the trust of customers and the recognition of the society earned by providing sustenance and support to thousands of families directly and indirectly.
Upholding the values of trust, transparency and honesty, the Group’s flagship company Malabar Gold & Diamonds is now among the leading jewellery retailers of the world with 120 showrooms across eight countries.
Their international retail operations started with the opening of a showroom in Sharjah on 19th June, 2008. Today they have 45 retail jewellery outlets across the Middle East & Singapore. Today, Malabar Gold & Diamonds is an integrated jewellery retailer comprising of bullion, wholesaling, retailing and manufacturing of jewellery and is one among the top five jewellery retailers in terms of annual turnover.
Plans are underway to fortify the presence of their existing retail jewellery outlets and to expand their operations into the prominent locations in the Middle East; Singapore and India. They are also planning to spread their wings to Far East Markets like Malaysia, Indonesia and Hong Kong. The group is also functioning to roll out their operations into UK and US in the near future.
Apart from jewellery business, Malabar group has successfully diversified into various business sectors such as real estate development, retail & distribution of luxury branded watches and lifestyle articles, organic farming, furniture retailing & IT Sector.
Malabar Developers, the property development wing of the Group is scaling heights with a series of projects across India like Townships, IT parks, commercial & retail Spaces, Signature bungalows and premium apartments. Mega project ‘Mall of Travancore’, in 700,000 sq.ft featuring world-class brands, proposed in Kerala, India and International Airport will be the first shopping mall of global standards to come up in Kerala, India.
‘Eham’, a new venture marks the Group’s foray into branded furniture business. Eham, conceived on the idea ‘total home solutions’ offers an innovative range of home furniture, soft furnishing and accessories of international standards. Furniture showrooms also will be under the brand name Eham and the first showroom was opened in Kollam, Kerala, India at R.P. Mall on September 20. Apart from manufacturing furniture by associating with world-class brands, Eham plans to export furniture to overseas markets.
Malabar Group has also diversified into I.T. sector, with the acquisition of a Microsoft Gold Certified Partner Company, Atna Technologies. Atna Technologies provide I.T. related services to more than 30 client companies in the United States, Canada, Middle East, Africa, Indonesia and Sri Lanka. The expertise of Atna Technologies is being utilized for the Group’s upcoming I.T. Township project in Kerala, India.
The group also ventured into interior fit out and designing arena by setting up M FIT Interiors in Dubai, UAE earlier this year to undertake consultancy services and various turnkey projects in the region. They deal with different sectors such as commercial, retail, hospitality and healthcare. MFIT also specializes with works such as MEP, Civil, Glass, Lighting works etc.
“Green Thumb’, organic farm club is an ecofriendly initiative of Malabar Developers, aimed at promoting self-reliance and sustainable development through organic farming of vegetables and fruits.
Right from the days of inception, Malabar Group has been active in humanitarian and social welfare activities. The social wing of Malabar Group focuses on conceptualizing and implementing the Corporate Social Responsibility initiatives of the Group and the group sets apart a certain percentage of the net profit from business for CSR activities. The initiatives are directed towards enabling communities through various projects in the areas of education, medical aid and health services, women empowerment, environment protection and housing development for the less privileged.
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